China ADRs Extend Gain as Beijing Weighs Giving Access to Audits

U.S.-listed Chinese stocks extend gains in premarket trading after Bloomberg News reported that Chinese authorities are preparing to give U.S. regulators full access to auditing reports of the majority of the 200-plus companies listed in New York.

• Alibaba shares rise 5.8% in premarket trading; E-commerce peers JD.com up 4% and Pinduoduo up 7.9%
• Didi Global is among the top gainers, rising more than 18%, following a 15% drop Thursday
• Among companies that are recently added to SEC’s provisional list: Baidu +6.8%, iQIYI +7.5%, Futu Holdings +8.3%
• The rebound in premarket comes after the Nasdaq Golden Dragon China Index posted its ...