Published on 15 Jan 2025 on Benzinga
US-listed Chinese stocks, including Alibaba Group Holding BABA, Baidu, Inc. BIDU, JD.com, Inc. JD, PDD Holdings Inc. PDD, NIO Inc. NIO, Li Auto Inc. LI, and XPeng Inc. XPEV, gained momentum Tuesday in sympathy with China’s foreign trade results, which set a new record in 2024 and retained the title of leading trader in goods in 2024.
China’s imports and exports grew by 5% in 2024 to 43.85 trillion yuan ($5.98 trillion), Global Times cites the General Administration of Customs (GAC).