Chinese Concept Stocks | JD.com Proposes Acquisition of CECONOMY Amid NASDAQ Index Decline

On July 30th, Eastern Standard Time (Wednesday), the three major U.S. stock indices showed mixed movements. The S&P 500 Index fell by 0.12% to close at 6362.90 points; the Dow Jones Index dropped by 0.38% to close at 44461.28 points; the Nasdaq Index rose by 0.15% to close at 21129.67 points.

On July 30th, the Nasdaq Golden Dragon China Index fell by 1.82%.

For popular Chinese concept stocks, TSMC rose by 0.70%, NIO fell by 4.23%, Pinduoduo fell by 2.16%, XPeng Motors fell by 2.01%, Alibaba fell by 1.72%, JD.com fell by 1.46%, Baidu fell by 0.99%, NetEase fell by 0.92%, and Bilibili fell by 0.71%.

Among the consecutive rising Chinese concept stocks, Yilong Energy increased by 12.39% over six days with a cumulative increase of 94.63% during the period. Pintech rose by 0.64% over four days with a cumulative increase of 2.96%. Baosheng rose by 6.00% over four days with a cumulative increase of 7.43%. RLX Technology rose by 0.89% over three days with a cumulative increase of 1.79%. Yatsen E-commerce rose by 0.90% over three days with a cumulative increase of 9.62%. Qudian rose by 7.18% over three days with a cumulative increase of 14.42%. Tiger Technology rose by 1.15% over three days with a cumulative increase of 6.73%. BeyondSpring rose by 1.00% over three days with a cumulative increase of 5.73%. Ata Creativity rose by 33.36% over three days with a cumulative increase of 68.80%. Zhongchi Chafon rose by 6.91% over three days with a cumulative decrease of 1.12%.

Among the consecutive declining Chinese concept stocks, Bit Mining fell by 1.54% over ten days with a cumulative decrease of 41.55%. BIT Origin fell by 5.34% over eight days with a cumulative decrease of 49.33%. Mogu fell by 1.84% over seven days with a cumulative decrease of 15.48%. SOS fell by 54.50% over seven days with a cumulative decrease of 66.79%. Li Auto fell by 3.40% over six days with a cumulative decrease of 14.23%. JinkoSolar fell by 2.09% over six days with a cumulative decrease of 11.14%. Canadian Solar fell by 2.33% over six days with a cumulative decrease of 12.93%. Uxin fell by 4.92% over six days with a cumulative decrease of 22.90%. Zhihu fell by 1.62% over six days with a cumulative decrease of 11.27%. Skyworth fell by 7.27% over six days with a cumulative decrease of 24.28%. Suchuang Technology fell by 0.66% over six days with a cumulative decrease of 13.07%. MicroAlgo fell by 12.19% over six days with a cumulative decrease of 41.98%. Ludatech fell by 14.00% over six days with a cumulative decrease of 48.32%. Yishengxin fell by 0.70% over six days with a cumulative decrease of 42.83%. Jiuzhou Pharmacy fell by 5.82% over six days with a cumulative decrease of 22.70%.

JD.com has reportedly made a cash offer of 4.60 euros per share to acquire CECONOMY.

Baidu announced that its search homepage will fully open the intelligent application entry. Users can directly access intelligent applications through the "AI Application Entry" below the search box. The integrated applications mainly come from the Wenxin Intelligent Platform, external quality AI applications accessed through the Search Open Platform, and some Baidu self-developed applications. This feature is currently in gray testing and is expected to be fully opened soon.

New Oriental's net revenue for the fourth fiscal quarter was $1.24 billion, a 9.4% increase year-on-year, with estimates at $1.19 billion. The adjusted earnings per ADS for the fourth fiscal quarter were $0.61, with estimates at $0.39. The operating loss for the fourth fiscal quarter was $8.67 million, with estimates at $27.8 million.

The Hong Kong Stock Exchange information shows that BlackRock's stake in Li Auto-W decreased from 5.06% to 4.94% on July 24th.

Wang Haidong from the National Health Commission stated that the application for childbearing subsidies can be done online through the national unified childbearing subsidy information management system. There are also designated sections on provincial government service platforms and third-party platforms like Alipay and WeChat for subsidy applications. Offline channels and manual services are also retained.

JD.com leads the investment in robotics company RoboScience, with plans to release a comprehensive strategy at the upcoming Robotics Conference. RoboScience recently completed nearly 200 million yuan in angel round financing, with JD.com as the lead investor. The company was registered in late December 2024 and began formal operations in March this year. Its intelligent modules and systems are widely used in various fields such as industry, logistics, consumer retail, and households.

Ant Group's AQ has launched a "Rainstorm Health Service Zone" in response to continuous heavy rainfall in regions like East China, North China, and Northeast China. Users can access health protection information related to medical emergency treatment, high-risk infection prevention, and post-disaster disinfection through the feature on the AQ APP.

XPeng Motors Chairman He Xiaopeng announced on Weibo that the new XPeng P7 will make its debut in China on August 6th. This is described as a stylish luxury sports sedan.

Li Auto announced the launch of its family six-seat pure electric SUV, the Li Auto i8, available in Pro, Max, and Ultra versions. The national standard retail prices are 321,800 yuan, 349,800 yuan, and 369,800 yuan respectively. The Li Auto i8 will start delivery on August 20, 2025.