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Alibaba takes the lead in Chinese companies listed in the US. U. S. at Beijing’s wish

April 30, 2022
Source: receive.news receive.news
News Snapshot:
For all your (Mobile, Tablet Focus on what matters (Bloomberg) — Chinese stocks listed in the U. S. Rose across all spaces on Friday, with tech stocks leading gains after Beijing promised more stimulus to save an economy hampered by prolonged Covid lockdowns and for the progress of tech platform companies. E-commerce giant Alibaba Group Holding Ltd. ended the day up 6. 8%, following a jump from the previous 13. 9%. Peer JD. com gained 6. 7% and Pinduoduo Inc. gained 13. 5%. The Nasdaq Golden Dragon China Index rose more than 4. 5%. to its highest point in 10...
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