Why Are Chinese Stocks BABA, PDD, BIDU, JD Up Today?

Companies operating in China have been some of the hardest hit by recent macroeconomic headwinds. These Chinese stocks continue to remain well off their peaks, although a recovery is starting to clearly form in recent trading sessions.Shares of Alibaba (NYSE:BABA), PDD (NASDAQ:PDD), Baidu (NASDAQ:BIDU) and JD.com (NASDAQ:JD) stocks are all up between 7% and 12% in early afternoon trading. These outsized moves suggest big money is flowing in fast.There are a range of reasons for this rally, from a fear of mi ...