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Chinese stocks surged Wednesday to their best day since 2008.
$Alibaba(BABA.US$, $JD.com(JD.US$, $Baidu(BIDU.US$ other Chinese stocks bounced off multiyear lows.
On Wednesday, the $Hang Seng TECH Index(800700.HK$ logged its biggest daily gain of 22%. The flagship $Hang Seng Index(800000.HK$ climbed 9.1%, its largest one-day percentage increase since late 2008.
$Alibaba(BABA.US$, $JD.com(JD.US$, $Baidu(BIDU.US$ other Chinese stocks bounced off multiyear lows.
On Wednesday, the $Hang Seng TECH Index(800700.HK$ logged its biggest daily gain of 22%. The flagship $Hang Seng Index(800000.HK$ climbed 9.1%, its largest one-day percentage increase since late 2008.
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