Chinese Tech Stocks Lead Market Rebound

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Chinese Tech Stocks Lead Market Rebound
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Alibaba and other Chinese technology stocks jumped by double-digit percentages, leading a Chinese market rally, on investor hopes that the government would do more to support the sector and the broader economy.

HONG KONG— Alibaba Group Holding Ltd. and other Chinese technology stocks jumped by double-digit percentages, leading a broader market rally, on investor hopes that the government would do more to support the sector and the broader economy.

The surge on Friday helped Chinese shares recoup some of their recent losses, while the yuan also clawed back some ground against the dollar after

 

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