Chinese Concept Stocks | Nasdaq Golden Dragon Index Falls 2.37% Amidst Mixed Performance
AInvestThursday, Oct 3, 2024 6:31 pm ET
1min read
BIDU --
BILI --
NIO --
TSM --
XPEV --

On October 3rd (Thursday), Eastern Time, the three major U.S. stock indices collectively closed lower. The S&P 500 fell by 0.17%, closing at 5699.94 points; the Dow Jones fell by 0.44%, closing at 42011.59 points; and the Nasdaq fell by 0.04%, closing at 17918.47 points.

On October 3rd, the Nasdaq Golden Dragon China Index fell by 2.37%.

Among popular Chinese concept stocks, TSMC rose by 2.10%, Bilibili fell by 8.80%, XPeng Motors fell by 7.05%, NIO fell by 6.93%, Baidu fell by 5.12%, NetEase fell by 2.69%, Alibaba fell by 2.10%, JD.com fell by 0.45%, and Pinduoduo fell by 0.06%.

In terms of Chinese stocks on a rising streak: Agora increased by 0.20% over 10 consecutive days, with a cumulative increase of 151.27%; Futu Holdings rose by 8.81% over 9 consecutive days, with a cumulative increase of 87.38%; Xinye Technology rose by 0.15% over 9 consecutive days, with a cumulative increase of 25.78%; Jiayin Group increased by 5.18% over 8 consecutive days, with a cumulative increase of 44.48%; and Zhengkang International increased by 10.99% over 7 consecutive days, with a cumulative increase of 58.25%.

In terms of Chinese stocks on a declining streak: Hao Xi Health fell by 8.66% over 6 consecutive days, with a cumulative decrease of 40.01%; Haidilao fell by 5.29% over 5 consecutive days, with a cumulative decrease of 11.56%; Antelope Enterprise Holdings fell by 0.94% over 5 consecutive days, with a cumulative decrease of 12.94%; 51Talk fell by 4.84% over 4 consecutive days, with a cumulative decrease of 11.68%; and Bit Mining fell by 2.23% over 4 consecutive days, with a cumulative decrease of 7.20%.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.