China Makes Some Moves 🔥
Chinese tech stocks appreciated one of their best days in months as major names moved to the upside today. Statements from China’s finance body “vowed to ensure stability in capital markets.” Many of them trended on Stocktwits for the bulk of today. 👀
KE Holdings, a Chinese real estate platform, led the crowd with a 64% jump. It was joined by Pinduoduo (+56%), rideshare company DIDI (+42%), e-commerce giants $JD (+39%) and Alibaba (+36%), electric car company $NIO (+25%), among others.