U.S.-listed China stocks climbed Wednesday as investors reacted positively to President Donald Trump’s remarks on easing trade tensions with Beijing. Trump signaled a potential tariff reduction and expressed willingness to treat China as a fair trading partner, according to Bloomberg. Stocks, including Alibaba, PDD Holdings, and Baidu, advanced. EV makers like NIO, Li Auto, and XPeng saw strong momentum. Trump’s indication of keeping Jerome Powell at the Fed and pausing tariffs on electronics further fueled optimism.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S.-listed China stocks climbed Wednesday as investors reacted positively to President
00:06Donald Trump's remarks on easing trade tensions with Beijing. Trump signaled a potential tariff
00:11production and expressed willingness to treat China as a fair trading partner, according to
00:15Bloomberg. Stocks including Alibaba, PDD Holdings, and Baidu Advance, EV makers like NIO,
00:22Li Auto, and Xpeng saw strong momentum. Trump's indication of keeping Jerome Powell at the Fed
00:27and pausing tariffs on electronics further fueled optimism.
00:30For all things money, visit Benzinga.com slash GSTV.