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U.S. listed Chinese stocks rise as China eases COVID-19 lockdown restrictions

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Shares of Alibaba Group and Baidu gain as China plans to end COVID-19 quarantines for foreigners as a way to stoke economic activity.

Shares of some U.S.-listed Chinese companies advanced on Tuesday on optimism that easing of the country’s COVID-19 travel restrictions on foreigners would deliver a business boost.

Chin has kept foreigners... Shares of some U.S.-listed Chinese companies advanced on Tuesday on optimism that easing of the country’s COVID-19 travel restrictions on foreigners would deliver a business boost.

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Source: CNBC - 🏆 12. / 72 Read more »