Strong Gains for Chinese ADRs as HXC Index Rises, JD.com Leads with 5.31% Increase

Chinese ADRs saw significant gains, with the Nasdaq Golden Dragon China Index (HXC) climbing 3.05%, marking its fourth consecutive week of advances and a weekly increase of 11.85%. Among the top gainers by market capitalization, Alibaba (BABA) rose 1.50%, JD.com (JD, Financial) surged 5.31%, and Trip.com (TCOM) increased by 5.88%.Other notable gainers included TSMC (TSM) up by 0.94%, Pinduoduo (PDD) increasing by 1.08%, and Baidu (BIDU) up by 1.13%. New Oriental Education (EDU) rose by 1.97%, and Huazhu Hot ...