What happened Shares of a large number of Chinese consumer goods stocks were soaring on Thursday. Streaming video leader iQiyi (NASDAQ: IQ) was up 17.4%, online music titan Tencent Music Entertainment Group (NYSE: TME) gained as much as 15.7%, online entertainment platform DouYu International (NASDAQ: DOYU) climbed as much as 15.6%, and search giant Baidu (NASDAQ: BIDU) jumped 10.8%. While each of the stocks gave up some of their gains, the quartet had notched gains of 17.3%, 15.4%, 15.2%, and 10.1%, respectively, as of 1 p.m. ET. The catalyst that sent these consumer-facing Chinese stocks surging was comments made by...