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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US Stock Market Move | Concept stocks related to optical communication generally fell, with Applied Optoelectronics (AAOI.US) dropping more than 6%.
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CSPC PHARMA (01093) has received a $25 million research and development milestone payment from AstraZeneca under a strategic collaboration and licensing agreement.
US Stock Market Move | Concept stocks related to optical communication generally fell, with Applied Optoelectronics (AAOI.US) dropping more than 6%.
GUMING (01364) spent HK$5.758 million to repurchase 288,000 shares on July 10th.
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