US Listed Chinese Stocks Dominate Another Week - Li Auto, JD.com Among Top 10 Large Cap Gainers Last Week (Sept 30-Oct 4): Are The Others In Your Portfolio?

Zinger Key Points
  • USA-listed Chinese stocks were the best performers in the last week.
  • Li Auto stock gained 13.60% after the company reported a year-over-year increase in September and Q3 delivery results.

These ten large-cap stocks were the best performers in the last week, dominated mostly by USA-listed Chinese stocks, which benefited from additional stimulus measures aimed at boosting China’s economy.

  1. Futu Holdings Limited FUTU stock upped 49.37% after additional stimulus measures aimed at boosting China’s economy were announced over the weekend
  2. KE Holdings Inc BEKE shares jumped 29.01% on continued strength following recent stimulus measures and the start of the National Day Golden Week.
  3. JD.com, Inc. JD shares increased 17.72%.
  4. Vistra Corp. VST stock rose 17.58% after some analysts raised their price forecasts.
  5. Diamondback Energy, Inc. FANG shares gained 14.05% last week after BMO Capital upgraded the stock from Market Perform to Outperform and raised its price target from $205 to $215.
  6. PDD Holdings Inc. PDD shares rose 13.95%, thanks to China’s additional stimulus to boost consumption.
  7. Li Auto Inc. LI stock escalated 13.60% after the company reported a year-over-year increase in September and Q3 delivery results.
  8. Ovintiv Inc. OVV stock grew 13.45%.
  9. BeiGene Ltd BGNE shares gained 12.65% last week. The upmove followed its announcement that the FDA Oncologic Drugs Advisory Committee recognized the favorable benefit-risk profile of PD-1 inhibitors, including TEVIMBRA.
  10. ZTO Express Inc. ZTO stock gained 11.90% last week.

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