China ADRs & ETFs Jump. YINN up More Than 4%; Alibaba up 2%; Li Auto, Bilibili, CHAU up over 1%

Tiger Newspress
06 May

China ADRs & ETFs jumped on Tuesday. YINN up more than 4%; Alibaba up 2%; Li Auto, Bilibili, CHAU up over 1%.

China’s central bank and financial regulators will hold a press briefing on Wednesday to discuss policies aimed at stabilizing markets, as the country’s economic outlook comes under increasing threat from US tariffs.

Officials from the People’s Bank of China, the National Financial Regulatory Administration and the China Securities Regulatory Commission will speak at 9 a.m. local time about “a financial policy package to stabilize market and expectations,” according to a government notice on Tuesday.

The briefing will be closely watched as the country faces intensifying pressure from US tariffs and growing concerns over its economic outlook. With President Donald Trump’s 145% duties threatening to hurt exports, expectations are mounting that Beijing may unveil new measures to steady the economy and shore up confidence.

Without stronger stimulus, growth could begin to falter from the second quarter, putting China’s official goal of expanding around 5% this year at risk. Markets will be tuned in for any signs of fresh policy tools, particularly after top leaders pledged to set up new monetary instruments and financing support for key sectors like technology, trade and domestic consumption.

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