Alibaba, Nio, Tencent and other Chinese stocks are gathering

Chinese stocks rallied on Monday as investors continued to be optimistic that coronavirus rules would be eased, despite repeated messages from authorities that China would be on the right track. with “zero Covid” policies.

Major US-listed Chinese stocks are higher in pre-market trading, with

Alibaba

(code: BABA) increased by 1.5%,

JD.com

(JD) 2% green,

Tencent

(700.HongKong) up 2.9% and

NIO

(NIO) rose 3%. In trading in Hong Kong,

Hang Seng Index

up 2.7%, led by a 4.1% gain in the Hang Seng Technology Index. Futures contract tracking

S&P 500

This index increased by 0.5% over the same period.