NASDAQ:PDD - Nasdaq - US7223041028 - ADR
US-listed Chinese stocks rise as Trump's inauguration speech signals no immediate tariffs, easing concerns over trade relations and boosting Chinese economy.
U.S.-listed Chinese stocks including Alibaba Group Holding (NYSE:BABA), Baidu, Inc (NASDAQ:BIDU), JD.com, Inc (NASDAQ: JD), PDD Holdings Inc (NASDAQ: PDD), NIO Inc (NYSE: NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV) gained on Friday in sympathy with acceleration of China’s economic activity beating expectations for the last quarter of 2024 as stimulus measures kicked in. China’s gross domestic product expanded by 5.4% in the fourth quarter, beating Reuters estimates of 5.0% growth, C
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Chinese e-commerce giant Alibaba will form a joint-venture online shopping operation with South Korean retailer E-Mart.
U.S.-listed Chinese stocks Alibaba Group Holding (NYSE:BABA), JD.com, Inc (NASDAQ:JD), PDD Holdings Inc (NASDAQ:PDD), Baidu, Inc (NASDAQ:BIDU), NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV) are trading higher Tuesday amid reports indicating China’s stimulus plans to deter potential U.S. tariffs. Chinese e-commerce juggernaut Alibaba is considered the barometer for China’s tech sector. Reuters cites familiar sources as saying Chinese authorities plan to issue 3 trillion yuan