US Stock Market Movement | Popular Chinese Concept Stocks Mostly Rise, Bilibili (BILI.US) Up Nearly 8%

Zhihu Finance APP reports that on Monday, the Nasdaq Golden Dragon China Index rose over 3%, with most popular Chinese concept stocks increasing across the board. Bilibili (BILI.US) and XPeng Group (XPEV.US) rose nearly 8%, Alibaba (BABA.US) and Pinduoduo (PDD.US) gained over 5%, Kingsoft Cloud (KC.US) increased by 5%, while ChaPanda (CHA.US) and Hesai (HSAI.US) both climbed more than 4%. During the session, all three major US stock indexes moved higher, with the Dow Jones up 1.22%, the Nasdaq up 1.33%, and the S&P 500 up 1.04%.