By Liz Moyer Investing.com — Shares of Chinese internet companies bounced on Tuesday after movement to reopen Shanghai after weeks of Covid-19 related lockdowns. According to multiple reports, Shanghai officials have said low-risk residential areas will reopen and public transportation will restart on Wednesday. The government there also announced a multi-point plan to boost its recovery, including business tax cuts and subsidies for people to buy electric cars. Further boosting sentiment, manufacturing data in China was better than expected, a welcome sign as more cities end lockdowns. Shares or ADRs of e-commerce companies Pinduoduo (NASDAQ:PDD) rose 4%, JD.com Inc Adr…