US Stock Market Move | The Spring Festival consumer peak season kicks off, Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US) closed up 8.7%.

On Tuesday, February 17th, the US stock market closed in the Eastern time zone. Led by a slight increase in the US stock market and the beginning of the peak season for Spring Festival consumption, Lexinfintech Holdings Ltd. Sponsored ADR Class A (LX.US), China's leading new consumer digital technology service provider, rose by 8.7% to a closing price of $3. The trading volume for the day was $5.7791 million, with trading volume continuing to increase. This is the second time since the beginning of the year that Lexinfintech Holdings Ltd. Sponsored ADR Class A has risen by more than 8%, with the previous time being on February 9th. The closing data also shows that Lexinfintech Holdings Ltd. Sponsored ADR Class A stock price rose by an additional 0.33%. The US stock market opened lower and closed higher, with all three major indexes showing slight gains. By the close, the Dow Jones Industrial Average rose by 0.07% to 49533.19 points; the S&P 500 Index rose by 0.1% to 6843.22 points; and the Nasdaq Composite Index rose by 0.14% to 22578.38 points. Chinese concept stocks had mixed performances, with the LFM Internet China Index rising by 0.12% and the Nasdaq Golden Dragon China Index falling by 0.10%. On an individual stock level, Hesai Group Sponsored ADR rose by nearly 4%, H World Group Limited Sponsored ADR rose by nearly 3%, and ZTO Express (Cayman) Inc. Sponsored ADR Class A rose by over 2%. Lexinfintech Holdings Ltd. Sponsored ADR Class A showed outstanding performance among Chinese concept stocks in the consumption sector. Established in August 2013 and based in Shenzhen, China, Lexinfintech Holdings Ltd. Sponsored ADR Class A has been actively connecting online and offline consumption scenes through its platforms under the brand concept of "easy consumption and flexible turnover," connecting millions of young Chinese consumers with new consumer brands. In December 2017, Lexinfintech Holdings Ltd. Sponsored ADR Class A officially listed on the NASDAQ in the United States.