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Shares of Chinese consumer stocks PDD Holdings (NASDAQ: PDD), Baidu (NASDAQ: BIDU), and JD.com (NASDAQ: JD) rallied big this week, up 29.5%, 18.9%, and 33.1%, respectively, through Thursday trading, ...
That was the dynamic behind the widespread rise of Chinesestocks on Tuesday following the announcement of a package of measures aimed at juicing that massive economy. While certain top-down ...