US Stock Market Move | Popular Chinese concept stocks rose broadly, with KINGSOFT CLOUD (KC.US) and Li Auto, Inc. Sponsored ADR Class A (LI.US) gaining more than 7%.
On Friday, the Nasdaq Golden Dragon China Index rose 2.47%, with popular Chinese concept stocks broadly higher, as KINGSOFT CLOUD (KC.US) and Li Auto, Inc. Sponsored ADR Class A (LI.US) gained more than 7%.
On Friday, the Nasdaq Golden Dragon China Index rose 2.47%, with popular Chinese concept stocks rising broadly. KINGSOFT CLOUD (KC.US) and Li Auto, Inc. Sponsored ADR Class A (LI.US) gained more than 7%, while VNET Group, Inc. Sponsored ADR (VNET.US), Bilibili, Inc. Sponsored ADR Class Z (BILI.US), and XPeng Inc. (XPEV.US) rose more than 5%. NTES (NTES.US), Alibaba Group Holding Limited Sponsored ADR (BABA.US), and NIO Inc. Sponsored ADR Class A (NIO.US) gained more than 4%, while Hesai (HSAI.US) and GDS Holdings Ltd. Sponsored ADR Class A (GDS.US) rose more than 3%.
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