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The Nasdaq Golden Dragon China Index closed up 2% today. Popular Chinese concept stocks RGC rose by about 280%, Universal Data rose by 9.5%, Bilibili rose by 5.5%, Xiaomi rose by 4.8%, Alibaba rose by 2.7%, Xiaopeng, Pinduoduo, and JD.com all rose by over 2%, and Tencent rose by 0.4%. The Chinese concept ETF YINN rose by 4.5%, KWEB, CQQQ, and DRAG all rose by over 2%.
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