Chinese ADRs extended rally on Monday. Bilibili up 8%; Pony AI, Li Auto up 7%; NIO up over 4%; XPeng up 3%; YINN, Alibaba, PDD up around 2%.
U.S. President Donald Trump said on Monday trade talks with China had gone very well and hinted that a deal has been reached to resolve issues the U.S. has over TikTok ownership.
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