US Stock Market Move | Chinese concept stocks collectively rise, Alibaba Group Holding Limited Sponsored ADR (BABA.US) increases by over 3%

On Thursday, Chinese concept stocks collectively rose. As of press time, Alibaba Group Holding Limited Sponsored ADR (BABA.US) was up over 3%, NetEase Inc Sponsored ADR (NTES.US) was up over 2.3%, Baidu Inc Sponsored ADR Class A (BIDU.US) was up 1.9%, and PDD Holdings Inc. Sponsored ADR Class A (PDD.US) was up over 1.6%. iShares China Large-Cap ETF rose 2.9%, and KraneShares CSI China Internet ETF rose 3.6%.