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Why Shares of JD.com, TAL Education Group, and Pinduoduo Are Rising Today

·3-min read
Why Shares of JD.com, TAL Education Group, and Pinduoduo Are Rising Today
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Despite difficult market conditions this week, several Chinese stocks continued to trade higher after some positive earnings results and bullish sentiment from Wall Street. Shares of JD.com (NASDAQ: JD) traded nearly 6.5% higher as of 1:08 p.m. ET today, shares of TAL Education Group (NYSE: TAL) traded more than 12% higher, and shares of Pinduoduo (NASDAQ: PDD) traded nearly 9% higher. Chinese stocks have not fared well over the last year, as a harsh regulatory backdrop has created lots of uncertainty and dogged the sector.

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