Popular Chinese ADRs See Broad Uptick in U.S. Pre-market Session, Baidu Surges Over 1%
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Author:小编   

On October 19, during the U.S. pre-market trading hours, a broad rally was observed among well-known Chinese American Depositary Receipts (ADRs). Baidu, XPeng Group, and iQIYI each climbed more than 1%. Alibaba experienced a 0.96% increase, while Bilibili rose by 0.71%. Li Auto saw a 0.44% uptick, Pinduoduo advanced by 0.36%, JD.com added 0.3%, and NIO inched up by 0.29%. Concurrently, the three major U.S. stock index futures also rose in unison, with semiconductor, chip, and memory stocks posting widespread gains.