Chinese ADRs Jump as Wall Street Rally Fuels Investor Optimism

Tiger Newspress

07-18

Chinese ADRs jumped in morning trading on Friday,mirroring Wall Street’s rally that was fuelled by strong US consumer data and earnings optimism, as investors bet on steady economic growth and cooling inflation.

YINN rose 6%; Kingsoft Cloud rose 10%; JD.com and Bilibili rose 5%; Alibaba rose 4%; PDD Holdings, Baidu, and NetEase rose 3%; NIO, Li Auto, and XPeng rose 2%.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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