US Stock Market Move | Nasdaq China Golden Dragon Index rises over 3%, GDS Holdings Ltd. Sponsored ADR Class A (GDS.US) rises over 9%

date
23:20 12/01/2026
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GMT Eight
On Monday, the Nasdaq China Golden Dragon Index rose more than 3%, Chinese concept stocks generally rose, and Zhihu (ZH.US) surged 22%.
On Monday, the Nasdaq China Golden Dragon Index rose by over 3%, with Chinese concept stocks generally rising. Zhihu, Inc. Sponsored ADR (ZH.US) surged by 22%, KING SOFT CLOUD (KC.US) surged by over 20%, GDS Holdings Ltd. Sponsored ADR Class A (GDS.US) rose by over 9%, Tuya, Inc. Sponsored ADR Class A (TUYA.US) rose by nearly 9%, Alibaba Group Holding Limited Sponsored ADR (BABA.US) rose by 8%, and VNET Group, Inc. Sponsored ADR (VNET.US) rose by over 7%.