Chinese US-listed stocks soar again - Breaking The News
Download our appPlay StoreApp Store
Download our appPlay StoreApp Store

Chinese US-listed stocks soar again

Business
Christian Baha / MS

1 min read

EPA-EFE/ALEX PLAVEVSKI

Chinese companies listed in New York recorded strong gains on Friday as recent announcements by the authorities in Beijing signaled more support for the overall economy and businesses, especially those in the real estate sector. The announcements seemingly sparked more confidence in the future economic recovery of the country, lifting stocks of domestic firms listed in China and overseas.

XPeng Inc. advanced 11.43% at 10:39 am ET after signing a partnership deal with Volkswagen Group earlier this week. Fellow carmakers Li Auto Inc. and Nio Inc. rose by 6.53% at 10:57 am ET and by 5.34% at 10:43 am ET, respectively.

Alibaba Group Holding Limited gained 4.69% at 10:44 am ET, JD.com Inc. increased by 5.31% at 10:59 am ET and Baidu Inc. went 4.19% up at 11 am ET.

Related Stocks
Baidu
JD com
Alibaba Holding L...
NIO
Li Auto
XPeng
Related News
Putin accepts Modi's invitation to summit in India
Russian President Vladimir Putin accepted the invitation from Indian Prime Minister Narendra Modi on Monday for the annual bilateral summit in India, the Kremlin reported.In a telephone call, Modi congratulated Putin on the upcoming Victory Day celebrations, as he will take part in them, and invited the Russian president to return the visit for the traditional annual bilateral summit in India, which was "gracefully accepted." Putin also expressed his...
Taiwan struck by 5.3-magnitude quake
An earthquake with a magnitude of 5.3 struck off the coast of Taiwan on Monday, the United States Geological Survey (USGS) said.The quake's epicenter was registered 43 kilometers east of Hualien City, at a depth of 10 kilometers.Witnesses reported feeling the tremor across the island, including in its capital of Taipei.
CDU, SPD finalize coalition deal ahead of Merz's election
Germany's Christian Democratic Union (CDU), its Bavarian sister party the Christian Social Union (CSU), and the Social Democratic Party (SPD) formally signed a coalition agreement on Monday.The deal entitled "Responsibility for Germany" will allow CDU leader Friedrich Merz to be elected as the country's next chancellor.The agreement comes as Germany faces challenges in leading the euro zone amidst rising tensions over immigration and the economy....
BioNTech's Q1 revenue down 2.5% to €182.8M
BioNTech SE revealed on Monday that its total revenue in the first quarter of its fiscal 2025 decreased by 2.5% year-over-year to land at €182.8 billion, missing analysts' estimates. The company reported a net loss of €415.8 million, compared to a net loss of €315.1 million observed in the same period of 2024, while the diluted loss per share came in at €1.73, compared to the loss of €1.31 a year ago.For the full fiscal 2025, the company confirmed revenue...
About
Contact Us

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.