Popular Chinese ADRs Generally Experience an Uptick Prior to the Opening of the U.S. Stock Market, with Alibaba Soaring Over 4%
1 week ago / Read about 0 minute
Author:小编   

On January 12, prior to the commencement of trading in the U.S. stock market, a notable upward trend was observed among well - known Chinese American Depositary Receipts (ADRs). Kingsoft Cloud witnessed a remarkable surge, with its value soaring by over 15%. Alibaba also saw a significant increase, rising by more than 4%. Bilibili and Baidu followed suit, both registering gains of over 3%. Futu Holdings wasn't far behind, with its stock price climbing over 2%. Additionally, JD.com, Pinduoduo, NetEase, and iQIYI all experienced modest upticks, each rising by more than 1%.