The China Concept Index rose over 1.9%, briefly surpassing the 8,000-point mark, with Bilibili rising about 4%, and JD.com and Alibaba both rising over 2%

Wallstreetcn
2025.03.27 14:09

The Nasdaq Golden Dragon China Index's increase once expanded to 1.93%, briefly breaking through the psychological barrier of 8000 points. Popular Chinese concept stocks such as iQIYI rose by 7.8%, Zai Lab increased by 6.8%, Bilibili rose by 3.7%, JD.com increased by 2.9%, Alibaba rose by 2.6%, Tencent rose by 0.8%, Pinduoduo rose by 0.7%, while Li Auto and XPeng fell by over 1%, and Nio dropped by 5.6%. Among ETFs, YINN rose by 3.4%, the Internet KWEB rose by 2.3%, and CQQQ rose by 1.1%

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