US Stock Market Move | Some Chinese concept stocks are strong, Kingsoft Cloud (KC.US) rises more than 6%
On Friday, the Nasdaq Golden Dragon Index in China rose by 0.99%, with some Chinese concept stocks strengthening. Kingsoft Cloud (KC.US) surged by over 6%.
On Friday, the Nasdaq Golden Dragon Index rose by 0.99%. Some Chinese concept stocks performed strongly, with Kingsoft Cloud (KC.US) rising by over 6%, Alibaba Group Holding Limited Sponsored ADR (BABA.US) rising by 3%, Hesai (HSAI.US), Li Auto, Inc. Sponsored ADR Class A (LI.US), JD.com, Inc. Sponsored ADR Class A (JD.US), and Trip.com Group Ltd. Sponsored ADR (TCOM.US) all rising by over 2%.
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BOC International: The conditions for the hard technology sector in A-shares to transition from an oversold recovery to a trending market are accelerating in maturity.
Chen Guo: The non-bank financial sector is currently significantly undervalued.
PRIME INTEL (08379): Wang Yicheng appointed as the authorized representative
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