Chinese Concept Stocks | Nasdaq Golden Dragon Index Rises 2.65% Amid Mixed Performance of Major Chinese Stocks

On February 5th (Wednesday) Eastern Time, the three major U.S. stock indices collectively closed higher. The S&P 500 index rose by 0.39% to 6061.48 points; the Dow Jones index increased by 0.71% to 44873.28 points; and the Nasdaq index went up by 0.19% to 19692.33 points.

On February 4th, the Nasdaq Golden Dragon China Index rose by 2.65%.

Regarding popular Chinese concept stocks, TSMC increased by 2.09%, NetEase rose by 0.06%, Baidu decreased by 4.58%, NIO fell by 4.21%, Pinduoduo dropped by 3.43%, JD.com went down by 3.28%, Alibaba decreased by 3.02%, XPeng Motors fell by 2.59%, and Bilibili declined by 0.85%.

Continuously rising Chinese concept stocks include Distoken with a 1.84% increase over 6 consecutive days with a cumulative rise of 4.22%, Wangban Technology with a 12.23% increase over 5 consecutive days with a cumulative rise of 12.37%, Best Inc. with a 0.18% increase over 5 consecutive days with a cumulative rise of 0.55%, Xinghui Cloud Printing with a 12.00% increase over 5 consecutive days with a cumulative rise of 30.61%, Youdao with a 2.83% increase over 4 consecutive days with a cumulative rise of 11.94%, Jiayuda with a 14.67% increase over 4 consecutive days with a cumulative rise of 34.77%, Austin Technology with a 2.50% increase over 4 consecutive days with a cumulative rise of 11.67%, and Antelope Holdings with a 0.72% increase over 4 consecutive days with a cumulative rise of 8.36%.

Continuously declining Chinese concept stocks include Kuke Music with a 1.82% decrease over 7 consecutive days with a cumulative decline of 12.68%, Haoxi Health with a 1.87% decrease over 6 consecutive days with a cumulative decline of 43.24%, Haitan Network with a 0.79% decrease over 5 consecutive days with a cumulative decline of 6.76%, Energy Chain Intelligence with a 9.03% decrease over 5 consecutive days with a cumulative decline of 22.02%, Melco Resorts & Entertainment with a 0.56% decrease over 4 consecutive days with a cumulative decline of 14.86%, Canaan Technology with a 0.55% decrease over 4 consecutive days with a cumulative decline of 18.83%, Emeren Group with a 1.10% decrease over 4 consecutive days with a cumulative decline of 5.76%, BTC Digital with a 3.69% decrease over 4 consecutive days with a cumulative decline of 9.02%, Taihecheng Medical with a 5.10% decrease over 4 consecutive days with a cumulative decline of 15.15%, and Bit Origin with a 1.70% decrease over 4 consecutive days with a cumulative decline of 16.31%.

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