Chinese Concept Stocks | Nasdaq Golden Dragon Index Rises 4.53% as TSMC Surges 12.28%

On April 9th, Eastern Time (Wednesday), the three major U.S. stock indices surged across the board, with the S&P 500 Index rising by 9.52% to close at 5456.90 points; the Dow Jones Index increased by 7.87% to 40608.45 points; and the Nasdaq Index soared by 12.16% to 17124.97 points.

On April 9th, the Nasdaq China Golden Dragon Index rose by 4.53%.

Among popular Chinese stocks, Bilibili increased by 6.72%, Xpeng Motors rose by 6.27%, JD.com climbed by 6.22%, Alibaba gained 5.57%, NIO increased by 5.26%, Baidu rose by 4.85%, NetEase gained 2.62%, TSMC surged by 12.28%, and Pinduoduo increased slightly by 0.18%.

For consecutive rising Chinese stocks, Wanhua Technology rose by 4.61% for 9 consecutive days, with a cumulative increase of 47.31% during the period. Mercurity Fintech increased by 17.46% for 3 consecutive days, with a total rise of 28.41%. Ludatech gained 5.64% for 3 consecutive days, totaling a 6.17% increase. Yishengxin rose by 2.60% for 3 days, accumulating a 27.94% rise. Zhibao Technology increased by 15.38% for 3 days, with a total rise of 27.66%. 36Kr rose by 2.26% for 3 days, with a total rise of 4.63%. Liandai Technology increased by 9.76% for 3 days, totaling a 15.38% rise. Haoxi Health soared by 33.33% for 3 days, with a total increase of 42.86%. Juhao Mall slightly rose by 0.56% for 3 days, with a total rise of 1.69%. Baosheng increased by 5.50% for 3 days, with a total rise of 23.39%. Zhongwang Online rose by 2.65% for 3 days, with a total rise of 4.73%. Carbon Master Holdings increased by 14.57% for 3 days, with a total rise of 19.65%.

For consecutive declining Chinese stocks, Burning Rock Biotech fell by 5.62% for 14 consecutive days, with a cumulative decline of 41.67% during the period. ECARX fell by 10.27% for 11 consecutive days, with a total decline of 68.99%. Shuhai Information dropped by 1.97% for 9 days, with a total decline of 24.94%. Happy fell slightly by 0.05% for 8 days, totaling a 13.99% decline. Weibo fell by 2.29% for 7 days, with a total decline of 19.01%. WiMi Hologram Cloud dropped by 1.37% for 7 days, with a total decline of 68.86%.

Shell's First Project in Shanghai, Fengxian New City Unit 10, Plot 17-02 Planning Announcement
The design plan for Shell's first project in Shanghai, Fengxian New City Unit 10, Plot 17-2, has been publicly announced. The total construction area of the project is 46,694.45 square meters, with a land area of 15,303.6 square meters and a floor area ratio of 2. It plans to build four high-rise residential buildings of 14 to 16 floors, three public facility buildings, and an underground garage.

"Alipay Tap" Enters Property Management, Greentown Service is the First to Access
On April 9th, Alipay collaborated with Greentown Service to upgrade the "Tap" service. The two parties plan to address pain points in property services and launch a series of new product capabilities to promote the digital and intelligent development of the property service industry. Currently supported "Tap" property services include "tap" to enter the community for residents and visitors, and "tap" to record work for property staff. Previously, Alipay's "Tap" product was applied in scenarios such as payment, ordering, and cultural tourism, and is now entering the property service field.

JD.com: Expanding European Online Retail, Testing Joybuy in London
On April 9th, JD.com announced the launch of its European online retail business, inviting international and overseas brands in the maternity and toy categories. JD.com also revealed that it is testing the operation of its European online retail brand Joybuy in the London area. Previously, JD.com's European ochama has been providing door-to-door delivery and self-pickup services for full-category products in 24 countries, including the Netherlands, Germany, France, Belgium, and Luxembourg, through self-built warehouses and self-operated models. In the future, JD.com will explore 211 delivery services in major cities in Western Europe by expanding infrastructure construction and leveraging the advantages of its self-operated model.

Trump Reveals He Once Threatened TSMC: Build a Factory in the U.S. or Face 100% Tax
On April 8th, U.S. President Trump revealed at a Republican National Committee event that he once threatened TSMC with a 100% tax if they did not build a factory in the United States. Two sources familiar with the matter said that TSMC might face a fine of $1 billion or more to settle the U.S. export control investigation into a chip produced by the company.

Alicloud's Liu Weiguang: AI is Driving Productivity Transformation Across Industries
Alicloud held the AI Potential Conference in Beijing, where Liu Weiguang, Senior Vice President of Alicloud Intelligence Group and President of the Public Cloud Business Unit, stated that the social value of large models is being released in the enterprise market. Alicloud is committed to investing in and building a full-stack leading technology that is continuously open source and open, accelerating AI application. "Alicloud's large model strategy is to create social value for the enterprise market. AI is driving productivity transformation across industries, and Tongyi large model will deeply cultivate the enterprise market," he said. As of January 2025, over 290,000 enterprises and developers have called the Tongyi API on Alicloud's Bailian platform.

Alicloud Bailian Fully Supports MCP Service Deployment and Calls
On April 9th, Alicloud Bailian launched the industry's first full lifecycle MCP service, allowing users to quickly build a connected MCP service Agent (intelligent body) without managing resources, development deployment, or engineering operations. The Bailian platform initially launched more than 50 MCP services from Alibaba Group and third parties, covering areas such as life information, browsers, information processing, and content generation, meeting the development needs of Agent applications in different scenarios.