U.S. stocks closed higher with the Dow Jones gaining more than 300 points on Thursday. Here is the list of some big stocks recording gains in the previous session.
Key Takeaways:
Miniso’s shares are down 17% since it was accused of mislabeling a Chinese-clothed doll as Japanese, and more broadly of trying to hide its Chinese roots
The attack represents a relatively unique risk faced by both foreign and domestic companies doing business in China
By Doug Young
Key Takeaway:
Kingsoft Cloud has joined more than 100 companies that can be delisted in the U.S. amid an impasse in talks between Washington and Beijing over a U.S. law that requires Chinese companies listed in the country to share audit records, which the Chinese government considers state secrets
Gainers
Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA) shares surged 94.3% to close at $1.69 on Tuesday after the company filed a request for the withdrawal of the Registration Statement on Form S-1.