Chinese Concept Stocks | Nasdaq Golden Dragon Index Rises 1.20% Amid Gains in JD, XPeng, and Alibaba

On February 14th, Eastern Time (Friday), the three major U.S. stock indices showed mixed performances. The S&P 500 index fell 0.01% to 6114.63 points; the Dow Jones index dropped 0.37% to 44546.08 points; and the Nasdaq index rose 0.41% to 20026.77 points.

On February 13th, the Nasdaq Golden Dragon China Index increased by 1.20%.

Regarding popular Chinese concept stocks, JD.com rose 4.52%, XPeng Motors increased by 4.51%, Alibaba went up by 4.35%, NIO climbed 4.23%, Pinduoduo gained 2.16%, Bilibili surged 10.95%, TSMC rose 1.02%, Baidu increased by 0.92%, and NetEase fell 1.25%.

Alibaba has risen 4.34% over the past seven consecutive trading days, with a cumulative increase of 25.63% during this period. Pinduoduo has experienced a 2.16% increase over seven consecutive days, with a total rise of 12.73%. GDS Holdings has surged 8.66% over seven days, with a cumulative increase of 50.83%. Atour Group has risen 4.16% over seven days, with a total increase of 17.74%. Autohome has increased by 1.65% over seven days, with a cumulative rise of 10.34%.

Thunder Energy has fallen 3.60% over five consecutive trading days, with a total decline of 26.27% during this period. Phoenix New Media has experienced a 1.63% decrease over five days, with a total drop of 7.66%. Zhongjin Technology has fallen 2.26% over four days, with a total decline of 9.17%. Cango has decreased by 0.65% over four days, with a cumulative drop of 11.71%. Uxin Technology has fallen 0.89% over four days, with a total decline of 16.95%. Aurora Mobile has experienced a 1.50% decrease over four days, with a total drop of 10.05%. Mogu has decreased by 0.47% over four days, with a cumulative decline of 12.40%. StarryPrint has fallen 2.21% over four days, with a total drop of 8.90%. Baosheng has decreased by 5.78% over four days, with a cumulative decline of 9.09%.

Taiwan Semiconductor Manufacturing Company (TSMC) is considering operating Intel's U.S. factory at the request of Trump.

Temasek Holdings increased its stake in Huazhu Group by 1.92 million shares in the fourth quarter.

On February 14th, in the city of Suzhou, 160 kilometers away from DeepSeek's headquarters in Hangzhou, the industrial large model base jointly established by Zero One Everything and Suzhou High-tech Zone was officially inaugurated. Suzhou Vice Mayor Mao Wei, Suzhou High-tech Zone Party Working Committee Secretary and Huqiu District Committee Secretary Song Changbao, Zero One Everything CEO and Innovation Works Chairman Lee Kai-fu, and Zero One Everything co-founder Ma Jie attended the inauguration ceremony. Alibaba Cloud CTO Zhou Jingren sent a congratulatory video.

Pan Yifeng, a founding member of Baidu's autonomous driving team, has joined Changan Automobile's intelligent driving team, reporting to Chief Intelligent Driving Technology Officer Tao Ji. According to insiders, after joining Changan, Pan Yifeng will be mainly responsible for intelligent driving algorithm software and data closed-loop systems. Changan plans to launch an "end-to-end" high-level intelligent driving solution with city NOA capabilities within the year. As of the time of writing, Changan Automobile has not responded to this information.

Lexin's "Singularity" AI large model announced its integration with DeepSeek-R1. Lexin stated that through DeepSeek, it has improved its localized deployment of the proprietary large model "Singularity" AI large model and has applied it in areas such as R&D efficiency, internal tools, and business empowerment. Lexin is one of the first financial platforms in China to deploy and apply DeepSeek, having introduced the DeepSeek V2 version last May. Since the beginning of this year, Lexin's U.S. stock price has increased by over 48%, reaching a new high in nearly three years. Lexin CTO Lu Yong stated that the company will continue to increase its investment in technology this year, especially in the privatized deployment based on DeepSeek-R1 and the distillation and adaptation of business-specific models.

On Valentine's Day, flower orders on Taobao's hourly delivery service surged more than 20 times, with large bouquets accounting for over 40% of sales. Under the demand for holiday gifts, merchants using the hourly delivery service saw overall transaction growth 2.2 times higher than the market average. Additionally, Ele.me flower shops on Taobao's hourly delivery experienced an over 30-fold growth explosion.

Lazadas Network Technology (Shanghai) Co., Ltd. recently applied for multiple "Ji Wa Water Delivery," "Kuai Ma Water Delivery," and "Ji Wa" trademarks. The international classifications involve transportation and storage, advertising sales, beer and beverages, among others. The current trademark status is pending substantive examination. Lazadas Network Technology (Shanghai) Co., Ltd. was established in September 2011, with Fang Yongxin as the legal representative and a registered capital of 55 billion RMB. It is wholly owned by Lazadas Holdings Hong Kong Limited. According to media reports, Ele.me plans to launch a service called "Kuai Ma Water Delivery" for the delivery of bottled water and packaged drinking water and may invite local water stations to join "Kuai Ma Water Delivery" as franchisees to enjoy traffic support from the Ele.me platform.

Midea will independently deploy some overseas business IT applications in Singapore, based on Alibaba Cloud's public cloud computing capabilities, including storage, cloud networks, cloud security, and cloud databases, to build a digital foundation for overseas regional business. In the future, the two parties will expand cooperation in overseas business and AI areas.

During the Asian Winter Games, hotel occupancy rates in Harbin increased by nearly 13 percentage points year-on-year, according to Huazhu Group. During the event (February 7th-12th), hotel occupancy in Harbin exceeded 90%, especially on the opening day and the first competition day after the opening.

Recently, a netizen posted that they encountered Alibaba Group founder Jack Ma at a Hema store in Changsha. The news was confirmed by a person familiar with the matter close to Hema Fresh. According to the netizen, Jack Ma visited the Hema Changsha Starsha MIXC store and several netizens shared photos of Jack Ma inspecting the store, stopping at some stalls, and taking photos with store employees on social media.

Baidu announced that it will gradually release the Wenxin large model 4.5 series in the coming months and officially open source it starting June 30th.