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Why CBAK Energy, EHang Holdings, and AMTD International Stocks Popped Today

Rich Smith, The Motley Fool
·2 min read
Why CBAK Energy, EHang Holdings, and AMTD International Stocks Popped Today
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Chinese cutting-edge industrial technology stocks are rocking in Monday afternoon trading, with shares of CBAK Energy Technology (NASDAQ: CBAT), for example -- a maker of rechargeable batteries -- and EHang Holdings (NASDAQ: EH) -- a pioneer in futuristic flying cars -- rising 4.8% and 6%, respectively. Hong Kong-based investment bank AMTD International (NYSE: HKIB), too, is having a good day, and rising 9.3% through 12:40 p.m. EST. As Al-Jazeera reported over the weekend, China released data on its February exports on Sunday, which show the country's economy growing at a "record pace" and its "highest level in more than two decades," as the Chinese economy rebounds from its pandemic slump in 2020.