US Stock Market Move | Some popular Chinese concept stocks saw a short-term surge, with Alibaba Group Holding Limited Sponsored ADR(BABA.US) rising more than 3%.

23:20 20/10/2025

On Monday, the Nasdaq Golden Dragon China Index expanded by 1.85%, with some popular Chinese concept stocks experiencing short-term increases, Century Internet (VNET.US) rose nearly 7%.

On Monday, the Nasdaq Golden Dragon Index in China increased by 1.85%, with some popular Chinese concept stocks rising in the short term. VNET Group, Inc. Sponsored ADR (VNET.US) surged by nearly 7%, while KINGSOFT CLOUD (KC.US) and GDS Holdings Ltd. Sponsored ADR Class A (GDS.US) increased by 4%. NIO Inc. Sponsored ADR Class A (NIO.US) and Alibaba Group Holding Limited Sponsored ADR (BABA.US) both rose by over 3%.

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Industrial: Hong Kong stock market sentiment index has reached the bottom area.

"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"