Some Chinese ADRs Jump With Alibaba and NIO up 3%

Tiger Newspress

09/11

Some Chinese ADRs jumped in morning trading. YINN rose 4%; Hesai rose 4%; Alibaba and NIO rose 3%; Baidu, Trip.com, NetEase, and XPeng rose 2%; PDD Holdings rose 1%.

Chinese e-commerce leader Alibaba said on Thursday it plans to raise $3.2 billion through the sale of a zero-coupon convertible bond to fund international expansion and strengthen cloud computing.

NIO sank almost 9% on Wednesday as the EV maker raised about $1 billion through a share sale.

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YINN rose 4%; Hesai rose 4%; Alibaba and NIO rose 3%; Baidu, Trip.com, NetEase, and XPeng rose 2%; PDD Holdings rose 1%.</p><p>Chinese e-commerce leader <strong><a href=\"https://laohu8.com/S/BABA\">Alibaba</a></strong> said on Thursday it plans to raise $3.2 billion through the sale of a zero-coupon convertible bond to fund international expansion and strengthen cloud computing. </p><p><strong><a href=\"https://laohu8.com/S/NIO\">NIO</a> </strong>sank almost 9% on Wednesday as the EV maker raised about $1 billion through a share sale.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f536c2952193235383d402f1da70330e\" title=\"\" tg-width=\"671\" tg-height=\"481\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSAI","symbol_name":"禾赛","start_time":0,"source_url":"","article_id":"1112346436","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112346436","pubTimestamp":1757598245,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Some Chinese ADRs jumped in morning trading. 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