China Stocks in U.S. Start Year of the Tiger on Right Foot
- Nasdaq Golden Dragon China Index up for second straight week
- Analysts say upcoming earnings could be major catalyst
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Chinese stocks listed in the U.S. notched their biggest back-to-back weekly gains in about five months.
The Nasdaq Golden Dragon China Index -- comprised of giants like Baidu Inc. and Alibaba Group Holding Ltd. -- gained about 2.5% since last Friday. The gauge had its biggest back-to-back rally since early September, with a surge of about 11% in the span.