Stock Track | Tiger Brokers Soars 5.10% as Optimism Grows for Chinese Tech Stocks

Stock Track

02-07

Tiger Brokers (TIGR) stock surged 5.10% on Thursday in a 24-hour trading session, outperforming the broader market amid rising optimism for Chinese tech and internet companies.

The rally in Tiger Brokers was part of a broader surge in Chinese ADRs and ETFs, with iQiyi (IQ) and Li Auto (LI) both climbing over 7%, and the YINN China Internet ETF gaining 4%. Alibaba (BABA) and Pinduoduo (PDD) also rose around 2% each.

Investor sentiment towards Chinese tech stocks has improved after news that the US Postal Service will resume accepting inbound mail and packages from China and Hong Kong. Additionally, the success of Chinese AI start-up DeepSeek has prompted a reassessment of valuations for the nation's technology companies, which trade at roughly half the valuation of major US tech giants.

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