** U.S.-listed shares of Chinese companies surge in premarket trading, after China's central bank on Friday kicked off funding schemes and urged swift adoption of policies to support capital markets
** Central bank launched two schemes to initially pump as much as 800 billion yuan ($112 billion) into the stock market through newly created monetary policy tools, boosting investor sentiment
** Bank also spelt out operational details of the swap and relending schemes first announced in late September
** Following the bank's announcement, the benchmark Shanghai Composite Index closed up 2.9%, while the blue chip CSI300 and Hang Seng both ended 3.6% higher
** E-commerce firms Alibaba Group Holding up 3.2%; JD.com and PDD Holdings surge 5.1% each
** EV firms Li Auto climbs 6.6%, Nio up 5.6% and Xpeng advances 5.9%
** Gaming stock Bilibili climbs 7.8%, search engine giant Baidu surges 4.3%, online video platform iQIYI
rises 6%
** Music streaming company Tencent Music Entertainment Group
adds 5.1%, social media platform Weibo up 4.8%
** Chinese ETFs such as iShares MSCI China ETF advances 5%, KraneShares CSI China ETF up 6.2% and iShares China Large-Cap ETF climbs 4.8%
(Reporting by Sukriti Gupta in Bengaluru)
((Sukriti.Gupta@thomsonreuters.com;))
