U.S. stock abnormality | Some popular Chinese concept stocks are strong, Hesaai (HSAI.US) rose more than 12%

According to the Wise Financial APP, on Friday, some popular Chinese concept stocks strengthened, with HSAI.US rising over 12%, NIO.US rising over 6%, PDD.US and TCOM.US rising over 3%, BILI.US and LI.US rising over 2%. In addition, the Shanghai Composite rebounded and closed up 0.83%. On the news front, heavy economic data was released today, showing that the national economy maintained a stable and progressive development trend in July, with fixed asset investment continuing to expand and manufacturing investment growing rapidly. In addition, in the real estate sector, the decline in new home prices in first-tier cities narrowed compared to the previous month.