Most of the shares rose, Zhihu (02390.HK) rose more than 18%, Tencent Music (01698.HK) rose more than 7%, XPeng Motors (09868.HK) rose more than 4%, Huazhu Hotel Group (01179.HK) rose more than 3%, Autohome (02518.HK) rose more than 2%.
A number of popular Chinese stocks rose premarket, with Kingsoft Cloud (KC. O) up more than 8 percent, XPeng Motors (XPEV. N) up nearly 7 percent, and Bilibili (BILI. O) and Li Auto (LI. O) up more than 5 percent.
February 1st news, US stocks closed on Friday, the three major stock indexes closed down, the Dow closed down 0.7%, up 4.7% this month; S & P 500 index fell 0.5%, up 2.7% this month; Nasdaq fell 0.2%, up 1.6% this month. NVIDIA (NVDA. O) fell 3.6%, Intel (INTC. O) fell 2.9%, Apple (AAPL. O) fell 0.67%. Nasdaq China Golden Dragon index fell 3.5%, Bilibili (BILI. O), Weibo (WB. O) fell nearly 5%, Baidu (BIDU. O) fell 4.4%, Alibaba (BABA. N) fell 3.8%, JD.com (JD. O) fell 3.7%.
Golden Ten Illustration: January 3, 2025 (Friday) List of Popular Chinese Concept Stock Quotes (US Stock Intraday)
Chinese stocks and ETFs surged in early trading, with the 3-fold long FTSE China ETF up more than 22%.
Blockchain concept stocks in the United States fell premarket, Kingsoft Cloud fell nearly 10%, BTC DIGITAL fell more than 6%, and Lion Group Holdings fell more than 5%.
Popular Chinese stocks continued to recover, Futu Holdings (FUTU. O), Fangduo (DUO. O) rose more than 5%, Shell (BEKE. N), iQIYI (IQ. O) exceeded 4%, XPeng Motors (XPEV. N), Pinduoduo (PDD. O), Bilibili (BILI. O), Ctrip (TCOM. O) rose more than 2%.
On October 10, the U.S. stock market closed Wednesday, the Dow index initially closed up 1%, the S & P 500 index rose 0.7%, both setting new closing highs, and the Nasdaq index rose 0.6%. NVIDIA (NVDA. O) fell slightly, while Apple (AAPL. O) and Amazon (AMZN. O) both rose more than 1%. The Nasdaq China Golden Dragon index closed down 1.29%, Alibaba (BABA. N), JD.com (JD. O) fell more than 1%, and XPeng Motors (XPEV. N) rose more than 3%.