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Chinese stocks surged Wednesday to their best day since 2008.
$Alibaba (BABA.US)$, $JD.com (JD.US)$, $Baidu (BIDU.US)$ other Chinese stocks bounced off multiyear lows.
On Wednesday, the $Hang Seng TECH Index (800700.HK)$ logged its biggest daily gain of 22%. The flagship $Hang Seng Index (800000.HK)$ climbed 9.1%, its largest one-day percentage increase since late 2008.
$Alibaba (BABA.US)$, $JD.com (JD.US)$, $Baidu (BIDU.US)$ other Chinese stocks bounced off multiyear lows.
On Wednesday, the $Hang Seng TECH Index (800700.HK)$ logged its biggest daily gain of 22%. The flagship $Hang Seng Index (800000.HK)$ climbed 9.1%, its largest one-day percentage increase since late 2008.
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