Chinese Concept Stocks | JD's Food Safety Issues and AI Advancements Amid Market Decline

On May 22nd (Thursday), Eastern US time, the three major indexes of the US stock market fluctuated. The S&P 500 index fell by 0.04%, closing at 5,842.01 points; the Dow Jones index fell by 0.00%, closing at 41,859.09 points; and the Nasdaq index rose by 0.28%, closing at 18,925.73 points.

On May 22nd, the Nasdaq Golden Dragon China Index fell by 1.18%.

Among popular Chinese stocks, Pinduoduo rose by 3.10%, TSMC rose by 2.39%, Bilibili rose by 0.71%, JD.com rose by 0.12%, XPeng Motors fell by 7.78%, Alibaba fell by 1.72%, Baidu fell by 1.65%, NIO fell by 1.65%, and NetEase fell by 1.25%.

During successive days of rising Chinese stocks, OneSmart International Education Group rose by 2.93% over 8 days with a cumulative increase of 39.70%. Smart Charging rose by 0.72% over 7 days with a cumulative increase of 6.06%. I-Mab Biopharma rose by 11.32% over 6 days with a cumulative increase of 19.01%. Hesai Technology rose by 2.85% over 5 days with a cumulative increase of 24.60%. Xiaoying Technology rose by 1.26% over 5 days with a cumulative increase of 20.77%. Dada Nexus rose by 1.44% over 5 days with a cumulative increase of 3.94%. Cango rose by 1.54% over 5 days with a cumulative increase of 12.96%. Soft Cloud Technology rose by 1.32% over 5 days with a cumulative increase of 76.54%.

During successive days of declining Chinese stocks, Mercurity Fintech fell by 1.61% over 8 days with a cumulative decrease of 23.15%. Daqo New Energy fell by 2.45% over 7 days with a cumulative decrease of 9.72%. Shengda Technology fell by 2.05% over 7 days with a cumulative decrease of 13.81%. Rongye Food fell by 7.81% over 7 days with a cumulative decrease of 87.90%. Full Truck Alliance fell by 6.47% over 6 days with a cumulative decrease of 12.70%. Dingdong Maicai fell by 3.32% over 6 days with a cumulative decrease of 17.41%.

Sichuan Tianfu New District Market Supervision Bureau legally interviewed the "JD Delivery" platform on May 22nd. During the meeting, the bureau reported on the previous network food safety inspections and issues with some merchants on the "JD Delivery" platform, such as discrepancies between online images and physical stores, operating beyond their licensed scope, and unfair low-quality competition disrupting market order. The bureau required the platform to rectify these issues, strengthen self-inspection, implement immediate corrections, fulfill responsibilities, and maintain fair competition to protect consumers, merchants, and delivery personnel. The Southwest regional representative of "JD Delivery" stated they would learn from this, strictly penalize violating merchants, enhance qualification reviews, and promote food safety measures.

JD Industrial officially launched the industry's first industrial model focusing on supply chain, Joy Industrial, in Shanghai. Several AI products such as demand agents, operation agents, customs agents, product experts, and integration experts were introduced to meet the needs of the manufacturing and public sectors. JD Industrial revealed that Joy i demand agent reduces business opportunity matching time from 48 hours to a few hours using AI technology. Joy i operation agent solves information access, business execution, and compliance control issues. Joy i product expert improves AI product review accuracy and recognition rate while reducing costs. Joy i integration expert automates API document parsing, solution formulation, and code generation, reducing system integration time from three days to minutes. Joy i customs agent supports over ten thousand import and export compliance queries and can respond on the same day.

The BIS website shows that TSMC and Intel have submitted letters to the US Department of Commerce opposing tariffs on semiconductors and related equipment and materials. TSMC stated that tariffs on semiconductor production equipment would increase costs and potentially delay projects, suggesting exemptions for products difficult to produce domestically in the US. They also recommended not imposing tariffs or restrictive measures on semiconductors and downstream products made outside the US.

JD Industrial Model (Joy Industrial) was launched today, targeting the industrial supply chain to create an AI product matrix.

At the 2025 Alibaba Cloud China Enterprise Overseas Conference, Alibaba Group CEO announced strategic investments to accelerate global cloud computing networks and AI product internationalization, enhancing consulting, technology, and service teams to support Chinese enterprises going global.

At the JD Cloud City Conference, JD Group's technical committee chairman revealed that JD's AI model service calls increased by 200% over the past three months. Currently, JD operates over 14,000 intelligent bodies internally, solving over 18% of work tasks.

During the 618 event, Taobao expanded its "global free shipping plan" to 12 countries and regions, including Singapore, Malaysia, South Korea, Hong Kong, Macau, Taiwan, Australia, Japan, Thailand, Cambodia, Kazakhstan, and Mongolia, with Kazakhstan and Mongolia joining the free shipping zone for the first time.

XPeng Huitian and Dong'an Power officially signed a strategic cooperation agreement for next-generation aviation hybrid system technologies, aiming to integrate core technologies in new energy power systems and intelligent control, and establish a collaborative mechanism to create efficient, lightweight, and cost-effective aviation hybrid systems for XPeng's next-generation flying cars.