Chinese Concept Stocks | NIO Leads Gains in Chinese Stocks Amid Nasdaq Dragon Index Rise

On July 14th, Eastern Time (Monday), the three major U.S. stock indexes collectively closed higher. The S&P 500 Index rose by 0.14%, closing at 6,268.56 points; the Dow Jones Index increased by 0.20%, closing at 44,459.65 points; and the Nasdaq Index gained 0.27%, closing at 20,640.33 points.

On July 14th, the Nasdaq Golden Dragon China Index rose by 0.73%.

Regarding popular Chinese concept stocks, NIO rose by 7.05%, Bilibili increased by 4.03%, Alibaba went up by 1.42%, XPeng Motors rose by 1.35%, NetEase increased by 1.26%, Pinduoduo fell by 2.38%, Baidu decreased by 1.22%, JD.com fell by 0.97%, and TSMC dropped by 0.75%.

Continuously rising Chinese concept stocks include Burning Rock Biotech with a recent increase of 9.80% over 10 consecutive days, a cumulative increase of 51.31% during the period. Smart Share Global rose by 8.74% over 7 days, with a cumulative increase of 63.68%. Longteng Acquisition rose slightly by 0.19% over 7 days. Huize rose by 14.11% over 7 days, with a cumulative increase of 37.50%. Starry Ink rose by 2.08% over 7 days, with a cumulative increase of 23.48%.

Continuously declining Chinese concept stocks include United Holding Portal with a recent decrease of 15.56% over 9 days, a cumulative decrease of 73.21% during the period. BoMei Group fell by 13.21% over 6 days, with a cumulative decrease of 19.44%. Jinxuan Group fell by 5.87% over 6 days, with a cumulative decrease of 40.74%. Baird Medical decreased by 1.78% over 5 days, with a cumulative decrease of 18.23%. Pinduoduo fell by 2.38% over 4 days, with a cumulative decrease of 3.67%. JD.com fell by 0.96% over 4 days, with a cumulative decrease of 5.81%. Baidu fell by 1.22% over 4 days, with a cumulative decrease of 4.88%. Xunlei dropped by 0.98% over 4 days, with a cumulative decrease of 5.41%. Rocada Technology fell by 8.67% over 4 days, with a cumulative decrease of 14.50%. Huadi International fell by 2.29% over 4 days, with a cumulative decrease of 5.58%. Champs International fell by 4.95% over 4 days, with a cumulative decrease of 11.39%. Tao Ping fell by 0.64% over 4 days, with a cumulative decrease of 5.64%.

Alibaba's founder Jack Ma requested that Taobao's flash sale stabilize at 80 million orders. Taobao Flash Sale plans to follow a Tic-Toc rhythm, with one Saturday reaching a new high and the next Saturday maintaining the previous week's level until the goal of 100 million orders on August 7th, marking the beginning of autumn. Last year, Meituan's "First Cup of Milk Tea in Autumn" event reached 90 million orders on that day, with over half involving tea and coffee. Some Alibaba employees mentioned that the industry changes rapidly, and the subsidy frequency is currently adjusted weekly. Jack Ma emphasized the importance of first strengthening the platform's capabilities and consolidating its foundation before aiming higher. An Alibaba employee expressed concern about expanding too quickly without sufficient supporting capabilities, which could negatively impact the core platform's strength.

Pinduoduo responded to the termination of cooperation with SF Express in Hong Kong by stating that users can switch to other pickup points without affecting free shipping. The partnership with Hong Kong SF Express ended on June 30th, and SF Express ceased providing local logistics services to Pinduoduo. Pinduoduo's customer service confirmed the news and mentioned that some pickup points are temporarily unavailable due to the suspension. However, parcels will still be safely delivered, and ongoing orders with SF Express have been transferred to other couriers without affecting shipping time. A 5-yuan no-threshold coupon will be issued as compensation, credited within five working days after the parcel is dispatched from the warehouse.

Suzhou Planning announced its intention to purchase 100% equity of Beijing Dongjin Aviation Technology Co., Ltd. through issuing shares and cash payment, along with raising supporting funds. The company's stock will resume trading on July 15th, 2025. The related auditing and evaluation work for the transaction has not been completed yet. Once completed, the company will reconvene its board of directors to review the transaction and hold a shareholders' meeting as per legal procedures. The transaction requires multiple approvals, including those from the board of directors, shareholders' meeting, Shenzhen Stock Exchange, and the China Securities Regulatory Commission. There is uncertainty regarding whether and when the transaction will receive these approvals.

The first AI intelligent agent safety testing standard was released, jointly developed by Ant Group, Tsinghua University, China Telecom, and other institutions. The AI STR series new standard titled "AI Intelligent Agent Operational Safety Testing Standard" was officially published at the United Nations Geneva headquarters by the World Digital Science Academy (WDTA). The standard addresses risk associated with intelligent agents crossing "language barriers" by aligning five key links—input/output, large models, RAG, memory, and tools—with the operational environment, creating a comprehensive risk analysis framework. It refines intelligent agent risk types and introduces innovative testing methods such as model detection, network communication analysis, and tool fuzz testing, filling gaps in intelligent agent safety testing standards.

William Zeng from CATL visited NIO to experience the new Le Tao L90. NIO's founder, chairman, and CEO, William Li, expressed gratitude for Mr. Zeng's positive feedback on social media. Li highlighted the spaciousness and features of the Le Tao L90, stating that it includes VIP seating, ample luggage space, and other desirable amenities.

Meituan's "Pin Hao Fan" daily order volume exceeded 35 million, and negotiations are underway with major fast-food chains like KFC and McDonald's to join the platform.

Ctrip Car Rentals predicted that domestic car rental self-driving orders during the summer of 2025 will surge by nearly 40% year-on-year. Outbound self-driving tours are expected to be even more popular, with rental orders potentially increasing by 60%. This summer, car rental self-driving is mainly favored by those born in the '80s and '90s, accounting for nearly 70% of orders. Orders from the post-2000 generation increased by 70% year-on-year, while the post-2005 group saw a remarkable 230% growth. There is strong demand for long-distance self-driving tours, with order volumes up by 48%. The acceptance of new energy vehicles has significantly increased, with pure electric car orders expected to soar by 148%.

Kingsoft Cloud has fully integrated the Kimi-K2 series models, including Kimi-K2-Base and Kimi-K2-Instruct versions.

On July 14th, Taobao Flash Sale, in collaboration with Ele.me, announced that their daily order volume exceeded 80 million, setting a new record (excluding self-pickup and zero-yuan purchases). The number of active users on Taobao Flash Sale increased by 15% compared to the previous week, surpassing 200 million. In the non-dining sector, 1,205 categories saw their order volumes more than double. Additionally, 3,074 merchants and over 260,000 stores experienced over 100% growth in order volume. Since the launch of Taobao Flash Sale, more than 240,000 new merchants have registered on the platform.