Alibaba, Baidu Earnings Cause Rally in China Tech Stock (ETFdb.com)

ETFdb.com
Alibaba, Baidu Earnings Cause Rally in China Tech Stock – Alibaba Group Holding Ltd.s and Baidu Inc.s better-than-expected earnings triggered a rally in Chinese technology stocks. American depositary receipts in both companies rose by more than 10% on Thursday after they posted their results. This led to a 7.6% rise in the broader Nasdaq Golden Dragon China Index, a 3.8% …

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