US Stock Market Move | Chinese concept stocks continue yesterday's gains, China Overseas Internet ETF (KWEB.US) rose more than 2.7%.
Chinese concept stocks continued to rise yesterday, bucking the trend to rise in the US stock market's sharp decline in the three major indices.
On Thursday, Chinese concept stocks continued yesterday's upward trend, rising against the backdrop of a sharp decline in the three major US stock indexes. As of the time of writing, the China Golden Dragon Index rose by more than 1%, the China Overseas Internet ETF (KWEB.US) rose by more than 2.7%, Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rose by more than 2.6%, GDS Holdings Ltd. Sponsored ADR Class A (GDS.US) rose by more than 1.5%, NetEase Inc. Sponsored ADR (NTES.US) rose by 2.7%, Zhihu, Inc. Sponsored ADR (ZH.US) rose by 1.25%, and Tencent Music Entertainment Group Sponsored ADR Class A (TME.US) rose by more than 1%.
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