Published 1 day ago

Alibaba, JD.com, Baidu Stocks Climb On Strong China GDP Growth, Rising Consumer Spending - Alibaba Gr Hldgs (NYSE:BABA), iShares China Large-Cap ETF (ARCA:FXI), Baidu (NASDAQ:BIDU), JD.com (NASDAQ:JD)

Summary by Benzinga

Chinese tech giants Alibaba Group Holding Ltd – ADR (NYSE:BABA), JD.Com Inc (NASDAQ:JD) and Baidu Inc (NASDAQ:BIDU) all gained early Friday, driven by stronger-than-expected GDP figures from China. The upbeat economic data has invigorated market sentiment, pushing U.S.-listed Chinese stocks higher and contributing to a rally in China-based exchange-traded funds (ETFs). Additionally, per a Bloomberg report early Friday, markets also found unexpec…

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Alibaba, JD.com, Baidu Stocks Climb On Strong China GDP Growth, Rising Consumer Spending - Alibaba Gr Hldgs (NYSE:BABA), iShares China Large-Cap ETF (ARCA:FXI), Baidu (NASDAQ:BIDU), JD.com (NASDAQ:JD)

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