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China stocks rising with borders set to reopen on January 8
The Fly

China stocks rising with borders set to reopen on January 8

China’s National Health Commission announced a decision late on Monday that will reopen the nation’s border to international travelers on January 8, sending U.S.-listed stocks of Chinese stocks higher in pre-market trading in New York on Tuesday. The National Health Commission announced that inbound passengers will only be required to present a negative test result obtained within 48 hours of boarding as long as their health declarations are normal and they show no signs of illness in a "routine checkup" while clearing customs, while also announcing that mass PCR testing upon arrival and centralized quarantine will be eliminated, according to multiple media reports. Chinese company stocks that trade in New York include Alibaba (BABA), JD.com (JD), Baidu (BIDU) Kingsoft Cloud (KC), Huya (HUYA), DouYu (DOYU), Dada Nexus (DADA), Baozun (BZUN), Bilibili (BILI), Pinduoduo (PDD), KE Holdings (BEKE), Joyy (YY), NetEase (NTES), Zhihu (ZH), Trip.com Group (TCOM), iQIYI (IQ), Hello Group (MOMO), Vipshop (VIPS), Dingdong (DDL) and Tencent (TCEHY). Reference Link

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