U.S. Stocks in Motion | Popular Chinese Concept Stocks Rally Broadly; Bilibili (BILI.US) Up Nearly 8%

Zhitong Finance APP has learned that on Monday, the Nasdaq Golden Dragon China Index rose more than 3%, with popular Chinese concept stocks broadly higher. Bilibili (BILI.US) and XPeng Group (XPEV.US) rose nearly 8%, Alibaba (BABA.US) and Pinduoduo (PDD.US) rose more than 5%, Kingsoft Cloud (KC.US) rose 5%, and Chagee (CHA.US) and Hesai (HSAI.US) rose more than 4%. The three major U.S. stock indexes all rose during intraday trading, with the Dow up 1.22%, the Nasdaq up 1.33%, and the S&P 500 up 1.04%.