U.S.-listed stocks of major Chinese companies were set for further gains on Friday. A combination of easing monetary policy and fiscal support was boosting hopes of stronger growth. American depositary receipts of electric-vehicle maker NIO were up 4.

Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.

Chinese stocks are headed for the best week since 2008 as Beijing rolled out a huge stimulus package to revive the economy, lifting Asian shares to 2-1/2-year highs, while a sharp fall in oil prices bodes well for disinflation globally.