Why Hollysys, Kingsoft Cloud, and New Oriental Education Stocks Scored Double-Digit Gains Today
In a stampede of trading, investors returned to buy beaten-up China stock names on Tuesday.
In late morning trading, industrial automation company Hollysys Automation Technologies (NASDAQ: HOLI), cloud computing company Kingsoft Cloud Holdings (NASDAQ: KC), and tutoring powerhouse New Oriental Education & Technology Group (NYSE: EDU) saw their shares notch double-digit gains. As of 11:05 a.m. ET, Hollysys stock is up 17.1%, Kingsoft is up 19%, and New Oriental Education is acing today's test with a 21.5% gain.
Image source: Getty Images.
Source Fool.com
