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Stock impact report

China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging [Yahoo! Finance News]

iQIYI, Inc. - American Depositary Shares (IQ) 
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm Check Earnings Report
The -listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors to bet on an extended bounce.The iShares MSCI China exchange-traded fund, , , Chinese Vice-Premier Liu He, the country’s top economic official, said overnight thatthe government supported the development of the sector and public listingsAmong the more active American depositary shares (ADS), Inc.’s, followed a 22-month closing lowTuesday’s rally comes after BofA Securities turned bullish on , citing valuation coupled with easing regulatory pressures.Read more about BofA’s upgrade of .Shares of iQIYI Inc., On Monday, the ADS shot up 14.8% after J.P. Morganupgraded the streaming -video companyAlibaba Group Holding Ltd.’s ADS, Among other companies Yao double upgraded on Monday, the -listed shares of Tencent Holdings Ltd., , Show less Read more
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