The China Concept Index rose over 1.1%, NIO rose over 4%, Pinduoduo rose over 3%, and the Nasdaq rose over 0.8%

Wallstreetcn
2025.04.01 15:20

The Nasdaq Golden Dragon China Index's increase has expanded to 1.15%, currently showing a V-shaped reversal during the day; popular Chinese concept stocks such as QuantumScape rose 36.82%, Zai Lab rose 5.1%, NIO rose 4.5%, Xinyi Technology rose 3.5%, Pinduoduo rose 3.4%, NetEase rose 2.9%, Beike rose 2.7%, XPeng rose 2.2%, Li Auto rose 1.8%, New Oriental rose 1.3%, and Alibaba rose 1.2%. The ETF KWEB rose 0.6%, and CQQQ rose over 0.4%. All three major U.S. stock indices rose, with the Nasdaq up 0.84%, Tesla up 5.8%, and Apple up 0.4%

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