Alphabet (GOOG. O) extended its decline to 7.8% in after-hours trading.
Spot gold expanded to 1.00% intraday gains, now reported at $2842.81/ounce.
The Nasdaq China Golden Dragon index expanded its gains to 3.3 percent, XPeng Motors (XPEV. N) rose more than 8 percent, Li Auto (LI. O) rose more than 7 percent, and JD.com (JD. O) and Baidu (BIDU. O) rose more than 4 percent.
The index expanded to 4%, with auto stocks leading the way, with XPeng Motors (09868.HK) rising 8%.
Hong Kong stocks rallied, with the Hang Seng Index expanding to 3% and the Composite Index rising 4.63%.
Spot gold expanded to 1.00% intraday gains, now reported at $2827.02/ounce.
The Hang Seng Technology Index widened its decline to 3%, Alibaba (09988.HK) and SMIC (00981.HK) narrowed their gains, JD.com Health (06618.HK) and Oriental Selection (01797.HK) fell more than 9%, and Bilibili (09626.HK) and Li Auto (02015.HK) fell more than 8%.
Hong Kong stock AI concept stocks strengthened, and Kingsoft Cloud rose to 20%.
FTSE China A50 futures expanded to 2 per cent.
The Nasdaq China Golden Dragon index rose 4 percent, Kingsoft Cloud (KC. O) rose more than 11 percent, and iQIYI (IQ. O) rose 9 percent.
FTSE China A50 futures expanded to 1 per cent.
Trump Media Technology Group (DJT. O) has announced an expansion into financial services, approving investments of up to $250 million, and may enter areas such as cryptocurrencies and ETFs.