The Nasdaq Golden Dragon China Index initially rose by 1.4%, outperforming the three major U.S. stock indices. 
Popular Chinese concept stocks JD.com rose by 4.2%, XPeng by 4%, New Oriental by 3.5%, Li Auto by 2.3%, Baidu by 1.5%, while Nio, Alibaba, Pinduoduo, NetEase, and Tencent rose by up to 0.6%. Xiaomi, Bilibili, and WeRide fell by up to 3.4%, and Pony.ai fell by 7.4%

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The Nasdaq Golden Dragon China Index preliminarily rose by 1.4%, outperforming the three major U.S. stock indices. Among popular Chinese concept stocks, JD.com rose by 4.2%, XPeng rose by 4%, New Oriental rose by 3.5%, Li Auto rose by 2.3%, and Baidu rose by 1.5%. Nio, Alibaba, Pinduoduo, NetEase, and Tencent had gains of no more than 0.6%. Xiaomi, Bilibili, and WeRide fell by no more than 3.4%, while Pony.ai dropped by 7.4%

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