3 China-Based Stock Making Big Moves Today

The shares of Alibaba Group Holding Inc Ltd (NYSE:BABA), JD.com Inc (NASDAQ:JD), and Futu Holdings Ltd (NASDAQ:FUTU) are all moving higher today, after overseas traders invested heavily in Chinese stocks due to policy expectations and low valuation. This interest in China-based stocks also follows domestic blue-chip stocks saw their best day in five months.Of all three equities, BABA is the underperformer, but was still last seen 1.4% higher at $77.20. The security is above the $77 level for the first time ...