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Why Shares of Full Truck Alliance, UP Fintech Holding, and RLX Technology Are Rising Today

Why Shares of Full Truck Alliance, UP Fintech Holding, and RLX Technology Are Rising Today

Shares of some Chinese stocks rose Wednesday as investors reacted positively to earnings reports. Shares of digital freight platform operator Full Truck Alliance (NYSE: YMM) were trading more than 13% higher as of 12:36 p.m. ET. Meanwhile, shares of online brokerage UP Fintech Holding (NASDAQ: TIGR) were up by nearly 8% higher and shares of vaping company RLX Technology (NYSE: RLX) had jumped by close to 20%.