Why Bilibili Shares Are Exploding Higher

Bilibili Inc – ADR (NASDAQ:BILI) shares are trading higher by 21.2% to $23.12 during Monday’s session. Shares of US-listed Chinese stocks are trading higher following reports suggesting Chinese officials would embrace a ‘moderately loose’ monetary policy.

What To Know: Bilibili, a prominent Chinese video streaming and entertainment platform, could be positioned to benefit from renewed optimism surrounding China's economic policies.

U.S.-listed Chinese stocks, including Bilibili, gained Monday as investors anticipate key outcomes from China's Central Economic Work Conference this week.

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The Politburo, under President Xi Jinping, recently pledged "more proactive" fiscal measures ...

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