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China's another two US-listed companies — Baidu Inc and NetEase Inc — have nailed down their sponsors for Chinese Depositary Receipts (CDRs), Caixin reported on Wednesday, adding that Baidu is expected to come back to the A-share market in June, along with Alibaba and JD.
China's auto industry has recovered steadily from the COVID-19 epidemic due to the country's effective containment measures, which helped boost consumer sentiment.

China will work to uphold and improve its basic socialist economic system and promote the high-quality development of the economy, said the milestone document adopted at the fourth plenary session of the 19th Communist Party of China Central Committee.
China will not resort to competitive measures like zero interest rate or quantitative easing, but would instead maintain its conventional monetary policies over the long term and ensure currency stability, a top monetary official said.
China's Ant Financial topped the list with a valuation of 1 trillion yuan, followed by China's ByteDance and Didi Chuxing. Moreover, six of the top 10 unicorns by valuation are from China, the other three being Lufax, Kuaishou and Cainiao.
来源:资阳报