Chinese Internet Stocks: Concrete Business Advancements, Shares Jump
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By ALT Perspective for Chinese Internet Weekly
U.S.-listed Chinese ETFs and equities generally roared to a good start in June on Tuesday in a holiday-shortened week. The Chinese government’s announcement of a three-child policy sent speculators into stocks that could potentially benefit from a baby boom.
Market players were also relieved that the May China PMIs remained in expansionary territory. For the privately compiled Caixin manufacturing…