US Stock Market Move | Chinese concept stocks rise, with the Golden Dragon Index up over 2.5%.

On Tuesday, Chinese concept stocks rose. As of the time of writing, the Nasdaq Golden Dragon China Index rose by over 2.5%. PDD Holdings Inc. Sponsored ADR Class A (PDD.US) rose by nearly 4%, Alibaba Group Holding Limited Sponsored ADR (BABA.US) rose by over 2%, JD.com, Inc. Sponsored ADR Class A (JD.US) rose by over 4%, iQIYI, Inc. Sponsored ADR Class A (IQ.US) rose by nearly 2%, XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose by over 9.7%, Li Auto, Inc. Sponsored ADR Class A (LI.US) rose by over 4%, and NIO Inc. Sponsored ADR Class A (NIO.US) rose by nearly 2%.