The Nasdaq Golden Dragon China Index which tracks US-listed Chinese companies has bounced nearly 50%^ from Oct 24, 2022.
^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
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Crude oil prices could end this week with a more moderate decline than expected at the start of the week, as optimism about Chinese demand reignited towards the end of the trading period, pushing prices higher earlier today.
The increase, by more than 1 percent in pre-noon Asian trade today, followed the first trading session that ended with gains for the benchmarks this year, after two consecutive days of losses.
The latest U.S. oil i...