But there were more Chinese stocks running yesterday…
Other EV makers NIO Inc. (NYSE: NIO) and Li Auto Inc. (NASDAQ: LI) were also up.
But so were internet companies, Alibaba Group Holding Limited (NYSE: BABA) and Baidu, Inc. (NASDAQ: BIDU).
They're all moving on news that some major Chinese cities are lifting COVID lockdowns after protests over the weekend.
If headlines continue to indicate a re-opening in China, we could see these stock runs continue. And the sketchy Chinese penny stocks could follow in sympathy.
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