When it comes to inflection points for Chinese stocks, there’s rarely been this much anticipation.
Traders who complained all year about how the country’s equities were stuck in an uninvestable state may at last be getting what they wanted. American depositary receipts in Didi Global Inc. traded as much as 68% higher in New York trading Monday after the Wall Street Journal reported regulators could effectively end a yearlong probe into its business as soon as this week. The Hang Seng Tech Index closed 4.6% higher in Hong Kong, a two-month high, while the Nasdaq Golden Dragon China Index jumped as