Chinese Concept Stocks | Mixed Performance for Key Stocks as JinkoSolar Reports Significant Loss

On April 29th, Eastern Time (Tuesday), the three major U.S. stock indices collectively closed higher. The S&P 500 index rose by 0.58%, closing at 5560.83 points; the Dow Jones index increased by 0.75%, closing at 40527.62 points; and the Nasdaq index gained 0.55%, closing at 17461.32 points.

On April 29th, the Nasdaq Golden Dragon China Index fell by 0.30%.

Among popular Chinese stocks, Bilibili rose by 1.62%, NetEase increased by 1.08%, Pinduoduo went up by 1.03%, TSMC climbed by 0.71%, JD.com increased by 0.55%, Alibaba rose by 0.46%, while XPeng Motors dropped by 6.35%, NIO fell by 1.86%, and Baidu decreased by 1.01%.

Companies with consecutive gains include: Wangban Technology with a latest increase of 10.46%, having risen for 23 consecutive days, with a cumulative increase of 42.89% during this period; Future Vision with an increase of 0.20% for 9 consecutive days, totaling a 0.29% rise; Huya with a 1.41% increase across 8 days, totaling 7.49%; Sohu with 3.61% over 8 days, totaling 37.93%; Hesai with 18.49% over 7 days, totaling 66.21%; DouYu with an increase of 4.01% over 7 days, totaling 19.18%; Zhongchi Chafu with 25.96% over 7 days, totaling 29.06%; and Youxin Technology with 17.96% over 7 days, totaling 65.14%.

Companies with consecutive declines include: MicroAlgo with a latest decrease of -14.91% over 6 days, totaling -48.99%; Blue Hat with -3.29% over 6 days, totaling -16.60%; Lingyang Holdings with -7.55% over 5 days, totaling -17.10%; Dingdong Maicai with -1.60% over 4 days, totaling -5.75%; Ningsheng International with -2.09% over 4 days, totaling -12.07%; and Lixiang Education with a decrease of -0.93% over 4 days, totaling -14.46%.

Jinko Solar: Net loss of 1.39 billion yuan in Q1 2025
Jinko Solar announced that its revenue for the first quarter of 2025 was 13.843 billion yuan, a year-on-year decrease of 40.03%, with a net loss of 1.39 billion yuan compared to a net profit of 1.176 billion yuan in the same period last year.

Over 30,000 medical institutions nationwide have launched Alipay's "Tap" medical insurance settlement service
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