Shares of U.S.-traded Chinese stocks on Friday posted their best week since at least March, with one popular exchange-traded fund clinching its biggest weekly advance since 2011, as shared recovered f...
Tag: PDD
U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue...
Pinduoduo stock jumps toward a 1-year high after big profit and revenue beats
The U.S.-listed shares of Pinduoduo Inc. PDD, +13.76% shot up 10.1% toward a one-year high in premarket trading Monday, after the China-based mobile marketplace reported third-quarter profit and reven...
Why China’s party congress left investors feeling gloomy
Financial-market investors were craving economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday to t...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
Pinduoduo stock shoots up after profit more than triples, as consumer sentiment recovers
Shares of Pinduoduo Inc. PDD, -3.78% shot up 7.4% in premarket trading Monday, after the China-based company that connects agricultural producers with consumers reported second-quarter profit that mor...
Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company
The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after Reuters reported that China’s central bank accepted Ant Group’s applicati...
Pinduoduo stock rises after mixed earnings report
Shares of Pinduoduo were up nearly 5% in premarket trading Monday after the company, which connects consumers and agricultural producers in China, reported a mixed fourth quarter. The company generate...
Alibaba stock sinks toward 6-year low as China ADRs take another dive
The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -6.68% sank 4.6% toward a six-year low in premarket trading Monday, as the China-based e-commerce giant continues to suffer from a broad sell...
Chinese Stocks Plunge After SEC Stokes Delisting Concerns
A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging
The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...