Why Chinese Stocks Like XPeng and Dada Nexus Were on Fire Today

Industrial companies and the finance sector in particular should feel the impact of lower interest rates and other new economy-boosting measures.There's nothing like a large-scale stimulus plan to stimulate the prices of affected financial assets. That was the dynamic behind the widespread rise of Chinese stocks on Tuesday following the announcement of a package of measures aimed at juicing that massive economy.Investors clearly weren't all that picky about the stocks they piled into to take advantage of th ...