US Stock Market Move | Hot Chinese concept stocks generally took a hit, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) falling by more than 3%.
On Friday, the Nasdaq Golden Dragon Index fell by 1.45%, with popular Chinese concept stocks generally declining. Alibaba (BABA.US) dropped by more than 3%.
On Friday, the Nasdaq Golden Dragon Index fell by 1.45%, with popular Chinese concept stocks generally declining. UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US), Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US), Alibaba Group Holding Limited Sponsored ADR (BABA.US) all fell by more than 3%, Weibo Corp. Sponsored ADR Class A (WB.US) fell by 3%, Li Auto, Inc. Sponsored ADR Class A (LI.US) fell by over 2%, and XPeng, Inc. ADR Sponsored Class A (XPEV.US) fell by nearly 2%.
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US Stock Market Move | United Microelectronics Corp. Sponsored ADR (UMC.US) rose more than 5%, planning to invest 700 million New Taiwan dollars to increase capital for Xinxing Electronics.
US Stock Market Move | Semiconductor concept stocks collectively rose, with Astera Labs (ALAB.US) rising over 6%.
US Stock Market Move | HUTCHMED (HCM.US) rises more than 5% as results of SACHI III trial published in The Lancet.
