Chinese Concept Stocks | Nasdaq Golden Dragon Index Rises 1.95% as Alibaba and XPeng Surge

On March 5 (Wednesday) Eastern Time, all three major U.S. stock indexes rose by more than 1%. The S&P 500 index increased by 1.12%, closing at 5,842.63 points; the Dow Jones index rose by 1.14%, closing at 43,006.59 points; and the Nasdaq index gained 1.46%, closing at 18,552.73 points.

On March 4, the Nasdaq Golden Dragon China Index increased by 1.95%.

Among popular Chinese concept stocks, Alibaba rose by 8.63%, XPeng Motors by 7.17%, JD.com by 6.86%, Pinduoduo by 6.00%, Bilibili by 5.59%, Baidu by 5.43%, NIO by 3.08%, NetEase by 2.55%, and TSMC by 2.36%.

Continuously Rising Chinese Concept Stocks: Shengda Technology rose by 4.34% over 7 consecutive days, with a total increase of 6.77% during the period. Future Vision increased by 0.10% over 7 consecutive days, totaling a 0.20% rise. LiZhang Portal gained 16.72% over 5 consecutive days, with an 83.25% rise in the period. Tuniu increased by 4.85% over 5 consecutive days, with a total rise of 8.00%. Shengfeng Logistics rose by 1.00% over 5 consecutive days, with a total increase of 5.13%.

Continuously Declining Chinese Concept Stocks: Angongmeng declined by 2.57% over 9 consecutive days, with a total decrease of 87.05%. Youxin Technology dropped by 7.96% over 7 consecutive days, totaling a 20.91% decline. Huapu Group decreased by 9.90% over 7 consecutive days, with a total decline of 33.77%. Singularity Future fell by 6.77% over 7 consecutive days, with a total decrease of 25.94%. Tiancheng Technology dropped by 10.01% over 6 consecutive days, with a total decline of 24.41%.

Chinese Concept Stock News:

JD.com and Meituan Compete in Food Delivery Business as Douyin Updates Subsidy Policies
Douyin Life Services announced a series of support plans for small and medium-sized businesses, including resource subsidies, commission reductions, and free training. The last small-scale "battle" in the local life sector occurred in February when JD.com officially launched its food delivery service, announcing that merchants joining before May 1, 2025, would enjoy a year-long commission-free policy. This move is seen as an encroachment on Meituan's "territory".

National People's Congress Representative, XPeng Motors Chairman He Xiaopeng: Suggests Accelerating Commercialization of Highly Intelligent Humanoid Robots
He Xiaopeng, Chairman and CEO of XPeng Motors and a representative of the 14th National People's Congress, submitted four proposals to the National Two Sessions, including promoting the commercialization of high-intelligence level humanoid robots. He suggested drawing on the initial market cultivation experiences of the new energy vehicle industry to formulate sales subsidy policies for L3-level general-purpose humanoid robots for enterprise users and individual consumers.

He also proposed allowing low-speed autonomous parking in parking lots, advocating for the development of intelligent driving insurance, and accelerating the construction of an eVTOL aircraft pilot qualification management system.

National Committee Member and JD Group Technology Committee Chairman Cao Peng: Building a New Ecosystem for Heterogeneous Computing Power to Solve Smart Computing Cost Challenges
During the 2025 National Two Sessions, JD Group Technology Committee Chairman Cao Peng focused on computing power infrastructure construction. He suggested building a nationwide integrated heterogeneous computing power infrastructure to reduce smart computing costs, exploring intelligent agents in business, promoting the development of storage-computing collaboration, and encouraging leading enterprises to open smart computing quotas to small and medium-sized enterprises.

JD Logistics Applies for Registration of "Wolf Warrior" Trademark
According to Tianyancha's intellectual property information, JD Logistics affiliated company Beijing Jingbangda Trading Co., Ltd. recently applied to register trademarks such as "Wolf Warrior", "Nanny Wolf", "Wolf Clan", and "Lone Wolf" in international classifications including website services, transportation tools, and machinery equipment. The current status of these trademarks is pending substantive examination.

Li Xiang: Fewer Takeovers, Li Auto AD Max V13 Outperforms Tesla FSD in China
On March 5, Li Xiang, CEO of Li Auto, stated on Weibo that since Tesla's FSD entered China on February 25, multiple automotive media have conducted intelligent driving comparison tests between Li Auto's AD Max V13 and Tesla's FSD V13 in cities like Beijing, Shanghai, and Guangzhou. The results show that Li Auto AD Max has significantly fewer takeovers, demonstrating its superior performance over Tesla FSD in China.

Taobao Billion Subsidy Supports National Subsidy Overlay, Home Appliances and Mobile Phones Start at 40% Off
Taobao's Billion Subsidy launched the "Billion Spring Subsidy" event, continuing until the end of March. During the event, Taobao's Billion Subsidy will distribute large red envelopes; meanwhile, categories like mobile phones, digital products, and home appliances support the overlay of Taobao's Billion Subsidy and national subsidies, with overall discounts as low as 40%.

National People's Congress Representative, XPeng Motors Chairman He Xiaopeng: Embodied Intelligence Will Be as Huge as the New Energy Vehicle Industry
During the opening of the 14th National People's Congress, Premier Li Qiang delivered the government work report. In an interview, He Xiaopeng emphasized the forward-looking mention of embodied intelligence in the report and noted the importance of government policies and regulations in the early planning and guidance of China's humanoid robots and embodied intelligence.

JD Announces Recruitment of 10,000 Interns This Year, Monthly Income for R&D Positions Exceeds 10,000 Yuan
On March 5, JD announced the official launch of the 2025 JD YOUNG Internship Plan (JDY), offering over 10,000 retainable internship offers this year, with more than 5,000 positions open from March to May 2025. The JDY intern program will cover core positions such as technology (e.g., algorithms, software development), procurement and sales, logistics supply chain, product management, marketing, and ecosystem operations, with monthly income for R&D interns exceeding 10,000 yuan.

Accumulated Delivery of XPeng P7+ Exceeds 30,000 Units
According to XPeng Motors' Weibo, the accumulated delivery of XPeng P7+ has exceeded 30,000 units.

Li Auto Applies for Registration of "Pioneer" Trademark
Tianyancha's intellectual property information shows that Beijing Li Auto Co., Ltd. recently applied to register multiple "Pioneer" trademarks in international classifications such as website services, transportation tools, scientific instruments, and fitness equipment, with all trademarks currently awaiting substantive examination. Media reports indicate that Li Auto unveiled official images of the Li i8 on February 25, continuing the avant-garde design language and direction for the next generation of pure electric SUVs.

Baidu Group: Plans to Issue RMB-Denominated Senior Notes
Baidu Group announced at the Hong Kong Stock Exchange its intention to issue RMB-denominated senior unsecured notes to non-U.S. persons outside the United States through offshore transactions, subject to market conditions and other factors. The principal amount, interest rate, maturity, and other terms of these notes will be determined at the time of pricing. The company intends to use the net proceeds for general corporate purposes, including repaying certain existing debts, paying interest, and general corporate uses.