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

23:20 12/01/2026

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%.

PAN ASIA ENVIRO(00556): Song Xiaojuan has been appointed as a non-executive director.

New stock news | English First Energy second filing with Hong Kong Stock Exchange

A-share subscription | Huixinye New Material (301683.SZ) opens subscription. The main business is the research, production, and sales of functional resin and functional coating materials.

PAN ASIA ENVIRO(00556): Song Xiaojuan has been appointed as a non-executive director.

New stock news | English First Energy second filing with Hong Kong Stock Exchange

A-share subscription | Huixinye New Material (301683.SZ) opens subscription. The main business is the research, production, and sales of functional resin and functional coating materials.