The China Concept Index rose over 4%, reaching a closing high not seen in more than three years. Baidu rose over 9%, Alibaba rose 4.6%, and XPeng rose over 3%

Wallstreetcn
2025.03.17 20:42

The Nasdaq Golden Dragon China Index closed up 4.03%, rebounding a total of 6.61% over the last three trading days, closing at 8404.20 points, approaching the closing levels of 8668.07 points on February 17, 2022, 10245.12 points on November 30, 2021, and 11568.62 points on November 16, 2021.

Among popular Chinese concept stocks, Niu Technologies rose 29.04%, Yatsen Holding increased over 12%, Qifu Technology and Baidu rose over 9%, Trip.com increased by 8%, TAL Education and Yiren Digital rose over 7.6%, JinkoSolar rose 6.88%, Canadian Solar increased over 5.6%, JD.com rose over 4.7%, Alibaba rose 4.59%, EHang and Miniso at least rose over 4.4%, Kingsoft Cloud and Tencent Music at least rose over 4%, Bilibili, Yum China, ZTO Express, Boss Zhipin, and XPeng at least rose 3.5%, Huazhu rose 3.1%, Beike, Daqo New Energy, and Nio at least rose over 2.6%, GDS Holdings rose over 0.5%, Zai Lab rose about 0.4%, New Oriental rose over 0.1%, Li Auto closed down 0.4%, NetEase fell about 0.8%, Century Internet fell over 2.3%, and ZEEKR fell about 3.7%

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