The Nasdaq Golden Dragon China Index short-term rose from around 8480 points to 8551.50 points, approaching the February 10, 2022 peak of 9003.13 points, with an overall intraday increase of nearly 1.2%.
Among popular Chinese concept stocks, Baidu rose over 5.3%, Nio rose 3%, Yum China, Trip.com, Pony.ai, and JD.com rose over 2%, while Alibaba and NetEase rose over 1%.
In addition, the new stock QMMM rose about 29%, Senmiao Technology rose 21.8%, Fangduoduo rose over 11%, Meituan rose 2.8%, and Pinduoduo rose over 1.8%

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Chinese concept stocks performed strongly, with the Nasdaq Golden Dragon China Index rising over 1.2%, from 8480 points to 8551.50 points, approaching the high point of February 2022. Baidu rose over 5.3%, and Nio increased by 3%. Other popular Chinese concept stocks such as Yum China, Trip.com, and JD.com also saw varying degrees of increase, with the new stock QMMM rising by 29%

The China Concept Index rose over 1%, Baidu rose over 5%, and NIO rose 3%