Chinese financial service company Weidai Ltd., (WEI) is soaring nearly 37% up on Tuesday without any official news to propel the shares.The company is an auto-backed finserv company that connects the borrowers to the online investors and funding partners. The company was formed in 2011.The company is currently trading at $1.48, $0.4062 or 37.61% higher than $1.08 at the close on Monday. The share...
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.