Actions of the Chinese companies flew up in a day for 21–51% – whether it is worth buying them

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Papers buy up after statements of the authorities China about support stock markets After a train of strong sales of paper of a number of the largest technological companies China on NASDAQ past week showed strong dynamics: On March 16 at the time of closing of the American market day growth appeared the strongest for the last 20 years. Depository receipts of the Chinese companies rose in price for 21–51%: Alibaba Group Holding Ltd – for 36,7%, JD.com – for 39,4%, Weibo – for 20,7%, Baidu, Closed joint stock company – for 39,2%, Hello Group – for 51,5%, Bilibili – for 47,6%, TAL – for 36,5%. As a result following the results of a week of paper of Alibaba Group Holding Ltd JD rose in price for NASDAQ for 25%...
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Razumny Eugenie
Malykh Natalia
Alibaba Group
Main activity:Wholesale trade
45
Baidu, Closed joint stock company
Main activity:Communication and IT
15