Chinese Concept Stocks | TSMC and XPeng Lead Gains as Nasdaq Golden Dragon Index Rises 1%

On October 6th (Monday) Eastern Time, the major U.S. stock indices showed mixed results. The S&P 500 index rose by 0.36%, closing at 6740.28 points; the Dow Jones index fell by 0.14%, closing at 46694.97 points; the Nasdaq index rose by 0.71%, closing at 22941.67 points.

On October 6th, the Nasdaq Golden Dragon China Index increased by 1.00%.

Among popular Chinese concept stocks, TSMC rose by 3.51%, XPeng Motors increased by 2.47%, Baidu gained 2.05%, JD.com rose by 1.44%, Bilibili was up by 0.35%, Pinduoduo increased by 0.06%, NIO fell by 1.49%, Alibaba decreased by 0.45%, and NetEase declined by 0.35%.

Among the Chinese concept stocks experiencing consecutive rises, Silvercorp Metals increased by 2.29% over eight consecutive days, with a cumulative rise of 21.77%. Dragon Acquisition rose by 0.10% over eight days, totaling 0.19%. Robam gained 6.08% over seven days with a total increase of 23.30%. Tianmei Bio rose by 2.50% over seven days, totaling 6.77%. Lotus Technology increased by 6.10% over six days, with a total rise of 17.71%. Unido Technology gained 1.74% over six days, totaling 12.29%.

Among the Chinese concept stocks experiencing consecutive declines, iQIYI decreased by 0.40% over eight consecutive days, with a cumulative decline of 8.89%. 51Talk fell by 0.17% over eight days, totaling 10.88%. Yatsen eCommerce dropped by 0.12% over five days, with a total decrease of 11.60%. DouYu fell by 0.27% over four days, totaling 1.33%. Dragon Holdings decreased by 1.63% over four days, with a cumulative decline of 10.00%. Jinko Solar fell by 0.93% over four days, totaling 9.22%.