This article only represents the author's own views.
Trucking specialist Full Truck Alliance Co. Ltd. (YMM.US) is showing once again just how important syncing with government policy is to a company’s success in China. And it’s also showing just how important it is to tell the world when you have that government support.
Several important new signals of such government support sparked a rally for the company’s New York-traded shares on Tuesday, lifting them as much as 21% in intraday trade before they closed up 15.2% on the day. The rally came on double the company’s usual trading volume, moving the stock back to within spitting distance of its IPO price from June.
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