US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances

On Monday, U.S.-listed Chinese stocks like Alibaba Group Holding. (NYSE: BABA), JD.com, Inc. (NASDAQ: JD), Baidu, Inc. (NASDAQ: BIDU), NIO Inc. (NYSE: NIO), Li Auto Inc. (NASDAQ: LI), and XPeng Inc. (NYSE: XPEV) maintained their upward trajectory ahead of a key policy meeting this week.

China reportedly plans to host its annual economic planning meeting, at which it will discuss its financial goals and additional stimulus measures.

On Monday, President Xi Jinping led Politburo promised “more proactive” fiscal measures and “moderately” looser monetary policy in 2025 to boost domestic consumption, CNBC cites from a key policy meeting.

Also Read: AI Startup iGenius Taps Nvidia For AI Data Center In Italy Leveraging Blackwell Chips

The Politburo, a top ...

Full story available on Benzinga.com