U.S.-listed Chinese equities climb on stimulus and easing lockdown

China tech stocks stage broader rally as investor optimism grows

20220531N Alibaba Tencent JD.com Baidu

Beyond the uncertainty surrounding COVID, Chinese companies listed in the U.S. face the risk of delisting over whether oversight is granted to an American accounting regulator.

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- A week after a vote on the most prominent delisting yet of a Chinese company on an American exchange, shares in China's tech sector continue to rally as investors appear to be bullish on Chinese equities following months of uncertainty over regulation and COVID-19 lockdowns.

The Nasdaq Golden Dragon China Index, which tracks Chinese companies traded on U.S. exchanges, closed up 4% on Tuesday and 16% higher from a week earlier.

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