Chinese Stocks Dominate - JD.com And Temu Parent PDD Are Among Top 10 Large Cap Gainers Last Week (Sept 2

Last week, China's central bank shared plans to cut banks' reserve requirement ratio (RRR) by 50 basis points or half a percentage point, boosting US-listed Chinese companies' stocks across sectors.

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?

JD.com, Inc. (NASDAQ:JD) shares rocketed 39.75% after the People's Bank of China announced a reduction in the amount of cash banks need to hold and outlined plans to support the struggling property market.
KE Holdings Inc (NYSE:BEKE) stock jumped 39.18% following a report suggesting China will issue up to $284 billion of sovereign debt as part of a stimulus.
PDD Holdings Inc. (NASDAQ:PDD) shares upped 35.52%, probably following a report suggesting that China will issue up to $284 billion in sovereign debt as part of a stimulus.
Liberty Broadband Corporation's (NASDAQ:LBRDA) stock increased 31.74% after the company announced it had communicated a counterproposal to the special committee of the board of directors of Charter Communications, Inc. (NASDAQ:CHTR).
Yum China Holdings, Inc. (NYSE:YUMC) stock upped 27.64% on China's stimulus.
H World Group Limited (NASDAQ:HTHT) stock upped 26.43% on pin action in Chinese stocks.
Trip.com Group Ltd (NASDAQ:TCOM) stock gained 26.02% in the last week on pin action in Chinese stocks.
Nio Inc (NYSE:NIO) gained 23.48% last week, joining the rally in Chinese stocks, which was boosted by the government stimulus plans.
Wynn Resorts, Limited (NASDAQ:WYNN) stock upped 22.47% following Morgan Stanley's upgrade from Equal-Weight to Overweight and raising the price target from $97 to $104.
Baidu Inc (NASDAQ:BIDU) gained 21.95% by joining the rally in Chinese stocks, which got a boost from the government stimulus plans.