The U.S.-listed shares of China-based companies enjoyed a broad rally Wednesday, after China regulators released a list of 60 online games that were approved , another sign of easing of the regulatory crackdown on the country's technology sector. The Invesco Golden Dragon China ETF /zigman2/quotes/207362625/composite PGJ +2.93% was indicated up more than 2% in premarket trading Wednesday, with the bulk of its components gaining ground. Among the ETF's (PGJ) more-active members, shares of Nio Inc. /zigman2/quotes/204905836/composite NIO +2.12% climbed 3.7%, Alibaba Group Holding Ltd. /zigman2/quotes/201948298/composite BABA +2.78% rallied 4.0%, Pinduoduo Inc. /zigman2/quotes/208876581/composite PDD +18.99% hiked up 4.2% and Bilibili Inc. /zigman2/quotes/207131615/composite BILI +2.05% advanced 8.2%. Shares of mobile games developer NetEase Inc. /zigman2/quotes/201683625/composite NTES +4.41% gained 3.4%, even though the list of approved games didn't include one from the company. Ride hailing company DiDi Global Inc.'s stock , which isn't a PGJ component, surged 4.9%. On Monday, DiDi shares had soared 24.3% after The Wall Street Journal reported regulators let the company add new users. The PGJ has jumped 10.4% over the past three months through Tuesday but was still down 15.4% year to date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.30% has slipped 0.2% the past three months and has lost 12.7% this year.
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