Today's focus is on Chinese stocks listed in the US: Netease, JD.com, Baidu
Before the opening of trading day in New York, the Shanghai Composite Index changed slightly overnight to 3,359.9 points. The Hong Kong Hang Seng Index rose 1.3% to 23,530.5 points.
Here is a list of Chinese stocks listed in the United States that may experience fluctuations today:
- NIO: The Norwegian fund voted in favor of one proposal at NIO's annual shareholder meeting on June 25.
- Baidu: Chinese Baidu plans to expand its Robotaxi business to Singapore and Malaysia.
- NetEase: Beijing offers subsidies to promote the application of artificial intelligence in the esports industry.
- Xinye Technology: Xinye Technology Group will issue $130 million in convertible preferred notes.
- Noah Holdings: Equity premium/discount situation of China/Hong Kong depositary receipts and global depositary receipts on June 19.
- JD.com: JD.com's marketing moves by billionaire entrepreneurs ignite competition in China's food delivery industry.
- Kingsoft Cloud: Daiwa Securities initiated coverage of Kingsoft Cloud ADR with a "buy" rating and a target price of $17.
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