US Stock Market Move | Popular Chinese concept stocks have risen across the board, with shares of CHA.US rising more than 5%.
On Friday, the Nasdaq Golden Dragon China Index rose by 1.05%, popular Chinese concept stocks generally rose, NetEase (NTES.US) rose by over 6%, and HUYA Inc. (CHA.US) rose by over 5%.
On Friday, the Nasdaq Golden Dragon Index in China rose by 1.05%. Popular Chinese concept stocks saw a general rise, with Netease Inc Sponsored ADR (NTES.US) up more than 6%, Bawang Tea Ji (CHA.US) up more than 5%, iQIYI, Inc. Sponsored ADR Class A (IQ.US) up more than 4%, New Oriental Education & Technology Group, Inc. Sponsored ADR (EDU.US) up more than 3%, and Zhihu, Inc. Sponsored ADR (ZH.US) up more than 2%.
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US Stock Market Move | Kanzhun Ltd. Sponsored ADR (BZ.US) rose more than 4%, with the amount of stock repurchase exceeding 1.99 billion RMB so far this year.

AI computing power demand continues to be hot! Amazon.com, Inc. (AMZN.US) Cloud computing business AWS once again raised GPU capacity reservation service prices.

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