People in China want the government to do something to help the country's economy. They think that the government should print a lot of money and use it to pay for things. But some people are worried that this plan won't work very well.
Some big companies in China that are listed on the stock exchange in America are not doing well because of this. People who own these companies are selling their shares, which makes the price of the shares go down.
This is important because many people in America also own these companies, and they might lose money if the price of the shares keeps going down.
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Alibaba Group Holding Ltd – ADR BABA is trading at a premium of 21.26% to its 52-week low of $69.00 a share and is trading at a discount of 76.12% to its 52-week high of $287.84 a share.
Nio Inc – ADR NIO is trading at a premium of 43.75% to its 52-week low of $11.57 a share and is trading at a discount of 76.56% to its 52-week high of $62.95 a share.
JD.Com Inc JD is trading at a premium of 27.97% to its 52-week low of $34.42 a share and is trading at a discount of 83.37% to its 52-week high of $200.70 a share.
Li Auto Inc. LI is trading at a premium of 17.38% to its 52-week low of $14.55 a share and is trading at a discount of 85.23% to its 52-week high of $102.17 a share.
XPeng Inc XPEV is trading at a premium of 28.45% to its 52-week low of $16.59 a share and is trading at a discount of 84.41% to its 52-week high of $106.99 a share.
This represents a total premium of $36,185,023.58 to the current 52-week lows for these 5 companies and a total discount of $5,357,558,720.60 to the current 52-week highs for these 5 companies.
### AI:
Notable insider buys:
Alibaba Group Holding Ltd – ADR BABA, on Oct. 14, an insider purchased 1,285 shares at $112.91 per share, increasing the stake by 3.62%.
JD.Com Inc JD, on Oct. 13, an insider purchased 5,445 shares at $51.29 per share, increasing the stake by 0.01%.
XPeng Inc XPEV, on Oct. 14, an insider purchased 1,547 shares at $23.44 per share, increasing the stake by 1