Why Chinese stocks were surging today

The government in Beijing announced more measures to contain China's property sector decline and relaxed some COVID-19 restrictions. You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. What happened Shares of many Chinese stocks — among them, Alibaba (NYSE: BABA), Kanzhun (NASDAQ: BZ), and Full Truck Alliance (NYSE: YMM) — were up…