** U.S.-listed shares of Chinese firms fall premarket as the Saturday news conference in Beijing left investors guessing the overall size of the stimulus package
** Finance Minister Lan Foan reiterated Beijing's broad plans to revive the ailing economy, promising significant increases to government debt and support for consumers and property sector
** China's financial markets have been on a rollercoaster ride since late September when policymakers unveiled stimulus measures
** E-commerce firms Alibaba Group Holding down 1.4%, JD.com down 0.5% and PDD Holdings 1.9% lower
** EV firms Nio slips 1.4%, Xpeng drops 4%
** Gaming stock Bilibili down 2.3%, search engine giant Baidu declines 2.1%, online video platform iQIYI
down 2.3%
** Music streaming company Tencent Music Entertainment Group
falls 1.8%, social media platform Weibo slips 1.6%
** Shanghai Composite closed 2.1% higher, blue-chip CSI300 rose 1.9%, while Hang Seng was down 0.8%
** Chinese ETFs such as iShares MSCI China ETF down 1.2%, KraneShares CSI China ETF drops 2.1% and iShares China Large-Cap ETF declines 1.02%
(Reporting by Sukriti Gupta)
((Sukriti.Gupta@thomsonreuters.com;))
