Chinese tech ADRs are closing with solid gains after the Chinese government ended its $1B limit...

|By:, SA News Editor

Chinese tech ADRs are closing with solid gains after the Chinese government ended its $1B limit on share ownership by sovereign wealth funds and central banks, fueling a big rally in Shanghai. It wasn't too long ago the group dived on bad regulatory news. LDK +6.8%. STP +6.8%. YGE +5.1%. TSL +5.1%. SOHU +3.4%. RENN +2.9%. DANG +6.2%. CTRP +5.3%. CYOU +3.8%.