Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

What’s Going On With Chinese Stocks Today?

US-listed Chinese stocks gained today amid reopening hopes, with shares of the iShares China Large-Cap ETF (ARCA: FXI) gaining 3.26% in Friday's session. Recent unrest in China due to the country's zero-COVID policy has led to less strict quarantine requirements, with China reportedly allowing home quarantine for some COVID-positive individuals. 
byBenzinga Newsdesk
December 2, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0

US-listed Chinese stocks gained today amid reopening hopes, with shares of the iShares China Large-Cap ETF (NYSE:FXI) gaining 3.26% in Friday’s session.

Recent unrest in China due to the country’s zero-COVID policy has led to less strict quarantine requirements, with China reportedly allowing home quarantine for some COVID-positive individuals. 

Pushback against strict COVID restrictions has also led China to ramp up efforts to vaccinate older citizens in the hopes it could curb the need for further lockdowns. 

Notable movers include:

  • Alibaba Group Holding (NYSE:BABA)
  • GDS Holdings (NASDAQ:GDS)
  • XPEV Holdings (NYSE:XPEV)
  • Bilibili Holdings (NASDAQ:BILI)
  • iQIYI (NASDAQ:IQ)
 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Markets Turn More Bullish As Fed Minutes Signal Slower Interest Rate Hikes

By Lisa Levin
November 25, 6:43 AM
The CNN Money Fear and Greed index showed an improvement in overall market sentiment after US stocks closed higher for second straight day. Minutes from the Fed’s meeting indicated that the central bank is looking to slow the pace of interest rate increases. Earlier in November, the Fed raised rates by 75 bps for fourth time in a row.

LITB