US Stock Market Move | Nasdaq Golden Dragon Index rose more than 2%, popular Chinese concept stocks generally rose.

On Monday, the Nasdaq Golden Dragon Index rose more than 2%, with popular Chinese concept stocks rising across the board. KINGOFT CLOUD (KC.US) rose nearly 11%, Tencent Music Entertainment Group Sponsored ADR Class A (TME.US) rose more than 4%, GDS Holdings Ltd. Sponsored ADR Class A (GDS.US), Bilibili, Inc. Sponsored ADR Class Z (BILI.US), Baidu Inc Sponsored ADR Class A (BIDU.US) all rose more than 3%, and PDD Holdings Inc. Sponsored ADR Class A (PDD.US), Netease Inc Sponsored ADR (NTES.US) rose more than 2%.