Chinese stocks had their best day of trading in more than two-and-a-half years on Monday, Oct. 22, sending Chinese companies that trade publicly in the U.S. soaring.
The country's benchmark Shanghai Composite rose more than 4% after senior Chinese officials made a concerted effort to talk up the country's struggling economy. For the year, the Shanghai Composite has declined more than 20%, largely due to the trade war that China and U.S. trade war.
But Monday's session saw the largest jump in the index since March 2016, bringing the composite's two-day jump to nearly 7%.
Here are how some Chinese stocks were doing in U.S. trading on Monday.
Alibaba Group Holding Ltd. (BABA) - Get Alibaba Group Holding Ltd. Sponsored ADR Report was up 4.6%.
Tencent Holdings Ltd. (TCEHY) gained 3.6%.
Ctrip.com International Ltd. (CTRP) - Get Ctrip.com International Ltd Sponsored ADR Report bounced 3.7% higher.