U.S.-listed shares of China internet stocks got another boost in Tuesday's trading amid a broader rally for the U.S. markets. China internet names were among the biggest gainers in the technology space, with JD.com Inc. shares (JD) up 4.7%, Alibaba Group Holding Ltd. shares (BABA) up 4.4%, and Qutoutiao Inc. shares (QTT) up 4.2%. The KraneShares CSI China Internet ETF (KWEB) is up 4.1% in Tuesday's session following a 3.2% rally in Monday trading. The rally for Chinese internet stocks comes as the S&P 500 is up 1.3% in Monday trading.
-Emily Bary; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
February 04, 2020 10:17 ET (15:17 GMT)
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