Why Shares of JD.com, TAL Education Group, and UP Fintech Holding Are Rising Today

Several Chinese stocks trading on U.S. exchanges moved higher today after the Chinese government issued its most significant plan yet to aid its struggling real estate sector.

Shares of the large Chinese e-commerce company JD.com (NASDAQ: JD) traded more than 5% higher as of 1:32 p.m. ET today.

Meanwhile, shares of the online Chinese tutoring company TAL Education Group (NYSE: TAL) traded more than 9% higher, and shares of UP Fintech Holding (NASDAQ: TIGR) traded more than 12.5% higher.

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Source Fool.com