Stock Track | JOYY Inc. Stock Soars 5.10% on Easing US-China Trade Tensions

Stock Track

01-25

Shares of JOYY Inc. (YY), a Chinese social media company, surged 5.10% in the intraday trading session on Friday amid signs of easing trade tensions between the United States and China.

The stock rally was driven by optimistic comments from President Donald Trump, suggesting that the US may refrain from imposing additional tariffs on Chinese goods. Trump stated in an interview with Fox News, "We have one very big power over China, and that's tariffs, and they don't want them, and I'd rather not have to use it. But it's a tremendous power over China."

This remark from the US President fueled hopes for a potential trade deal between the two economic superpowers, alleviating concerns about escalating trade conflicts that could hamper global economic growth. Consequently, Chinese American Depositary Receipts (ADRs) and exchange-traded funds (ETFs) experienced a broad rally, with JOYY Inc. being one of the beneficiaries.

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Stock Soars 5.10% on Easing US-China Trade Tensions\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-25 00:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Shares of JOYY Inc. (YY), a Chinese social media company, surged 5.10% in the intraday trading session on Friday amid signs of easing trade tensions between the United States and China.</p>\n<p>The stock rally was driven by optimistic comments from President Donald Trump, suggesting that the US may refrain from imposing additional tariffs on Chinese goods. Trump stated in an interview with Fox News, \"We have one very big power over China, and that's tariffs, and they don't want them, and I'd rather not have to use it. 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