US Stock Market Move | Chinese concept stocks continue to rise, with the Nasdaq China Golden Dragon Index gaining over 5%.
On Wednesday, Chinese stocks continued to rise, with the Nasdaq Golden Dragon China Index up over 5%. Xiaopeng Motors (XPEV.US) and Alibaba (BABA.US) both rose nearly 7%.
On Wednesday, Chinese concept stocks continued to rise, with the Nasdaq Golden Dragon Index up over 5%. XPeng, Inc. ADR Sponsored Class A (XPEV.US) and Alibaba Group Holding Limited Sponsored ADR (BABA.US) both rose nearly 7%, while PDD Holdings Inc. Sponsored ADR Class A (PDD.US) rose over 6% and JD.com, Inc. Sponsored ADR Class A (JD.US) rose over 5%.
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