Popular Chinese stocks rose 6.4% in Ali, 11.5% in Jingdong and 15.8% in Xiaopeng on Thursday

Popular Chinese stocks rose 6.4% in Ali, 11.5% in Jingdong and 15.8% in Xiaopeng on Thursday
04:22, May 3, 2024 Global Market Broadcast

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Popular Chinese stocks rose on Thursday, NASDAQ China Golden Dragon Index (HXC) rose 6.01%.

Among rising stocks (in descending order of market value), TSMC Up 1.00%, Ali Baba Up 6.44%, Pinduoduo Up 10.48%, Netease Up 5.24%, JD.COM Up 11.51%, Baidu Up 7.12%, Ctrip up 4.51%, ideal Automobiles rose 9.98%, Advanced Semiconductor Engineering Up 2.47%, Tencent Music Up 5.33%, a joint circular telegram Up 3.84%, shell Up 12.64%, Zhongtong Up 2.61%, Baekje China Up 3.58%, New Oriental Up 3.18%, Huazhu Hotel Group Up 6.00%, Wei Lai Up 6.07%, Manchuria up 3.93%, Futu Holdings rose 11.87%, and BOSS direct employment rose 3.84%, Vipshop Up 7.21%, Xiaopeng Auto up 15.83%, Mingchuangyou Products up 9.10%, WSP Holdings up 1.38%, Bili Bili Up 15.63%, IQIYI Up 1.80%.

Among falling stocks (in descending order of market value), China Telecom Down 0.71%, Shang Cheng Digital Science fell 2.75%, and Haichuan Securities fell 18.15%.

US stocks closed higher on Thursday, rebounding after two consecutive falls in the Nasdaq and the S&P 500. The US initial jobless benefit application data last week was lower than expected, and the labor cost in the first quarter hit the biggest increase in a year. Investors continue to evaluate the monetary policy prospects of the Federal Reserve and wait for more financial reports and important labor market data.

The Dow rose 322.57 points, or 0.85%, to 38225.86; The Nasdaq Composite Index rose 235.48 points, or 1.51%, to 15840.96; The S&P 500 index rose 45.80 points, or 0.91%, to 5064.19.

List of leading Chinese concept stocks:

List of Chinese concept stocks leading the decline:

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