Chinese Concept Stocks | Nasdaq Golden Dragon Index Rises as Bilibili and XPeng Surge

On June 9 (Monday) Eastern Time, the three major U.S. stock indexes closed mixed. The S&P 500 index rose 0.09% to 6005.88 points, the Dow Jones index fell 0.00% to 42761.76 points, and the Nasdaq index increased by 0.31% to 19591.24 points.

On June 9, the Nasdaq Golden Dragon China Index rose by 2.07%.

Among popular Chinese concept stocks, Bilibili rose 3.73%, XPeng Motors increased by 3.36%, Baidu was up 3.32%, NetEase increased by 2.50%, JD.com rose by 2.48%, Alibaba was up 1.79%, Pinduoduo increased by 1.01%, TSMC rose by 0.88%, and NIO fell by 0.83%.

In terms of consecutive rising Chinese concept stocks, RLX Technology increased by 2.33% over 10 consecutive days with a cumulative rise of 11.11%. 51Talk rose by 13.56% over 9 days with a total increase of 45.26%. Flash Delivery saw a rise of 4.70% over 8 days with an increase of 31.92%. TSMC rose by 0.89% over 6 days totaling 7.08%. Tencent Music increased by 3.06% over 6 days with a total rise of 9.92%. Vipshop went up by 2.87% over 6 days totaling 9.14%. TAL Education rose by 1.98% over 6 days with an increase of 10.17%. Weibo increased by 1.45% over 6 days totaling 8.18%. Tuya Inc. saw a rise of 4.01% over 6 days with an increase of 17.77%. Zhihu Group rose by 6.61% over 6 days with a cumulative increase of 32.78%.

Regarding consecutive declining Chinese concept stocks, Huasheng Technology decreased by 7.41% over 10 consecutive days with a total decline of 87.32%. WiMi Hologram Cloud fell by 1.88% over 8 days with a total decrease of 28.69%. Zhenye Biotech declined by 12.69% over 5 days with a total decrease of 43.67%. Hongli Steel Structure fell by 5.88% over 5 days totaling 20.79%. Yanco Technology went down by 1.87% over 5 days with a decrease of 12.13%. Haitainet decreased by 0.14% over 5 days totaling 10.32%.

Trip.com: Summer cruise product bookings increased by over 60% year-on-year.

As the summer holiday approaches, the cruise tourism market is entering its annual peak season. On June 9, data released by Trip.com showed that summer cruise product bookings have increased by over 60% year-on-year, with overseas long-distance cruise products showing particularly strong performance, with bookings surging by 120% year-on-year. "Cruise travel for deep exploration" is becoming a popular new choice for Chinese people to explore the world.

JD.com launches wine and travel business, attracting industry talent with high salaries.

Recently, JD.com launched wine and travel-related businesses and is offering high salaries to recruit related talents in the industry. There are even rumors that JD.com is attracting people from platforms like Fliggy, Tongcheng, and Trip.com with triple salaries. JD.com's sales strategy emphasizes selling tickets without bundling and offers official subsidies to multiple hotels. Although JD.com has not confirmed the "triple salary" information, it has been learned from the industry that JD.com is indeed recruiting aggressively with high salaries to enter the wine and travel market. A seasoned tourism industry insider who received a job offer revealed that JD.com has not only built a complete "air ticket + hotel + travel" business line internally but has also been preparing a "business unit," "App," and "mini-program" for several months.

Dongfang Selection's first self-operated sanitary napkin goes into production: Featuring 100% cotton surface, to be launched on June 16.

The official WeChat account of Dongfang Selection announced that its first self-operated sanitary napkin has officially gone into production, with the first batch of new products set to be launched on June 16 on the Dongfang Selection App. In March, Dongfang Selection first announced plans to launch self-operated sanitary napkins. The first sanitary napkin product launched by Dongfang Selection features a "pure cotton surface sanitary napkin," emphasizing safety and skin-friendly qualities, with the surface layer and wings that come into contact with the skin entirely made of 100% pure cotton. Addressing the highly concerned issue of sanitary napkin quality among consumers, Dongfang Selection stated that producing sanitary napkins continues its consistent strict standards for self-operated products to ensure product safety.

JD.com registers copyright for JD takeaway logo.

According to Tianyancha's intellectual property information, Shanghai JD Dajia Yixin Information Technology Co., Ltd. recently registered the copyright for the "JD takeaway logo," categorized as an art piece. Previously, Beijing JD 360 E-commerce Co., Ltd. had applied to register multiple "JD takeaway" trademarks, with international classifications including office supplies, advertising sales, transportation, and storage, all of which are currently awaiting substantive examination. Shanghai JD Dajia Yixin Information Technology Co., Ltd. was established in October 2015, with Li Changming as the legal representative, a registered capital of USD 700 million, and business scope including second-class value-added telecom services, import and export of goods, and technology import and export, wholly owned by Dada Group (Hong Kong) Co., Ltd.

TSMC Chiayi advanced packaging plant may delay equipment move-in.

The TSMC Chiayi advanced packaging AP7 plant initially planned to move equipment in during the third quarter, but the supply chain has recently received notifications of delays to the fourth quarter. Two safety incidents recently occurred at the plant, leading to a work stoppage. The first phase of the plant will develop wafer-level multi-chip module (WMCM) packaging capacity, and it is speculated that this packaging technology will first be applied to Apple's self-developed chips.