The China Concept Index rose over 1%, hitting a daily high, with Alibaba and NetEase both up over 1%, and the Hang Seng Tech Index futures rising over 0.9%

Wallstreetcn
2025.06.05 15:08

The Nasdaq Golden Dragon China Index rose over 1.1%, hitting a daily high and breaking through 7,340 points.

Among popular Chinese concept stocks, Momo/Hello rose 11.7%, Kingsoft Cloud rose 9%, GDS rose 7.2%, New Oriental rose 5.6%, Bilibili rose 2.1%, Baidu, Alibaba, NetEase, and Pony.ai rose up to 1.7%, Pinduoduo, Xiaomi, Yum China, Li Auto, JD.com, and Tencent rose up to over 0.9%, while XPeng, Fangdd, WeRide, and Nio fell by up to about 2.4%.

FTSE A50 night futures rose by more than 0.3%, hitting a daily high.

Hang Seng Index night futures rose over 0.4%, and Hang Seng Tech Index futures rose over 0.9%

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