Why Is NIO Stock Up 30% This Week? investorplace.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorplace.com Daily Mail and Mail on Sunday newspapers.
China Tech Sees World-Beating Rally With JD, Alibaba Optimism bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) A world-beating rally in Chinese tech stocks this month is shoring up confidence that the once-beleaguered sector may finally see its fortunes reverse.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpSearch Underway for Titanic-Wreck Submersible With Five CrewNot only
The droop in Chinese stocks is spilling into U.S. trading, with an index of U.S.-listed Chinese companies touching a fresh 2023 low. The Nasdaq Golden Dragon…