Chinese Concept Stocks | NIO Leads Gains as Nasdaq Golden Dragon Index Rises 0.52%

On September 2 (Tuesday) Eastern Time, the three major U.S. stock indexes collectively closed lower, with the S&P 500 down 0.69% to 6415.54 points, the Dow Jones down 0.55% to 45295.81 points, and the Nasdaq down 0.82% to 21279.63 points.

On September 2, the Nasdaq Golden Dragon China Index rose by 0.52%.

Regarding popular Chinese concept stocks, NIO increased by 3.37%, Alibaba by 2.68%, JD.com by 1.64%, Pinduoduo by 1.22%, Baidu by 1.04%, while Bilibili fell by 3.65%, XPeng Motors by 1.12%, TSMC by 1.01%, and NetEase by 0.35%.

Among the continuously rising Chinese concept stocks, Longteng Acquisition rose by 0.19% over 13 consecutive days, Zhengye Bio rose by 35.31% over 7 days with a total rise of 89.03%, Melco Crown Entertainment rose by 2.07% over 6 days with a total rise of 3.36%, Yuhang Sunshine rose by 28.77% over 5 days with a total rise of 101.82%, and Internet Class Technology rose by 1.71% over 5 days with a total decline of 1.39%. Zhongchi Chafur rose by 2.82% over 5 days with a total rise of 1.72%, Mogu Street rose by 0.42% over 5 days with a total rise of 9.34%, and Antelope Holdings rose by 5.20% over 5 days with a total rise of 20.13%.

Among the continuously falling Chinese concept stocks, Xinyetec fell by 0.36% over 6 days with a total decline of 12.83%, Stark fell by 0.91% over 6 days with a total decline of 51.57%, Yidianhang fell by 11.82% over 6 days with a total decline of 52.99%, Uxin fell by 8.02% over 5 days with a total decline of 23.02%, Jiayin Technology fell by 1.87% over 5 days with a total decline of 13.31%, Zhongjin Medical fell by 7.79% over 5 days with a total decline of 22.89%, and Ambow Education fell by 2.02% over 5 days with a total decline of 7.61%.

Li Bin: NIO's new generation of products has sufficient cost competitiveness. On September 2, Li Bin stated at the NIO 2025 Q2 earnings call that the company's long-term goal is to achieve a gross margin of 20%, with the NIO brand aiming for a gross margin of 20% and striving for 25%. The LeDAO brand will aim for a higher gross margin based on a 15% margin, and Firefly's gross margin is around 10%. The company is well-prepared for aggressive pricing with strong cost support, based on long-term in-house technology accumulation and cost control measures.

Li Bin: NIO will launch three large SUV models next year. On September 2, NIO's founder, chairman, and CEO Li Bin stated at the 2025 Q2 earnings call that the NIO brand will launch two large SUVs next year, the ES9 and the large five-seat SUV ES7, along with the LeDAO L80, for a total of three new large SUV models to be delivered next year.

NIO CEO Li Bin: Q4 target is 50,000 units per month. On September 2, Li Bin stated at the 2025 Q2 earnings call that the target for Q4 is to achieve an average monthly delivery volume of 50,000 units, which means a total of over 150,000 units for the entire quarter across all three brands.

Li Bin: Significant cost optimization at NIO, Q2 operating loss narrowed by over 30% quarter-on-quarter. On September 2, Li Bin stated at the 2025 Q2 earnings call that the company's vehicle gross margin remains stable, with significant breakthroughs in other business gross margins. Through comprehensive cost reduction and efficiency enhancement measures based on the basic business unit mechanism, significant cost optimization has been achieved, with Q2 operating loss narrowing by over 30% quarter-on-quarter.

BeiGene: The company's drug products need to complete multiple stages such as early discovery and are subject to uncertainties. BeiGene announced that its stock transaction experienced abnormal volatility, with a cumulative deviation of over 30% over three consecutive trading days from August 28 to September 1, 2025. The biopharmaceutical industry is characterized by long R&D cycles, high investment, and high risk. The company's drug products need to complete multiple stages including early discovery, preclinical research, clinical development, regulatory review, production, and commercialization, and are subject to various uncertainties.

NIO: Q2 revenue of 19.01 billion yuan, up 9% year-on-year. NIO released its 2025 Q2 financial report, with Q2 deliveries of 72,056 units, up 25.6% year-on-year and 71.2% quarter-on-quarter. Q2 revenue was 19.01 billion yuan, up 9.0% year-on-year and 57.9% quarter-on-quarter. Q2 overall gross margin was 10.0%, with a significant quarter-on-quarter improvement. Other sales gross margin turned positive at 8.2%, a record high. Q2 cash reserves were 27.2 billion yuan, with an increase quarter-on-quarter. R&D investment in Q2 was 3.01 billion yuan. Q3 delivery guidance is 87,000 to 91,000 units, up 40.7% to 47.1% year-on-year, with revenue guidance of 21.81 billion to 22.88 billion yuan, both record highs. Q2 net loss was 4.995 billion yuan, compared to a net loss of 5.046 billion yuan in the same period last year.

Trip.com issued a company-wide notice: Home office no longer requires supervisor approval. On September 2, it was reported that Trip.com issued a company-wide notice stating that to further improve the balance between employees' work and life and build a culture of trust and self-drive, the company will pilot the removal of the supervisor approval step for hybrid office applications for employees in the production and research sequences. Employees will no longer need supervisor approval when applying for hybrid office; once submitted, it will be automatically approved, and the application information will be synchronized with the supervisor.

Alibaba and Bosch announce deepening of strategic partnership. Alibaba and Bosch have announced the deepening of their strategic partnership.

XPeng Motors' robot waist mechanism patent granted. According to Tianyancha App, Guangzhou XPeng Motors Technology Co., Ltd.'s "waist mechanism and robot" patent was recently granted. This utility model allows the robot to achieve pitch or sway motion, with a simple overall structure, small space occupation, and light weight. When performing pitch or sway motion, only the drive structure needs to be rotated, reducing rotational inertia and torque demand on the linkage structure.

Ant Group's subsidiary invests in Xin Yuan Semiconductor. Qichacha APP shows that Xin Yuan Semiconductor (Shanghai) Co., Ltd. underwent business changes, with the original shareholder Shanghai Lianzhi Venture Capital Management Center (Limited Partnership) exiting, and Ant Group's Shanghai Yunya Enterprise Management Consulting Co., Ltd. and AcceleratorXIIILtd. being added as shareholders. The registered capital increased from approximately 46.5367 million yuan to approximately 50.2973 million yuan. Xin Yuan Semiconductor (Shanghai) Co., Ltd. was established in October 2019, with legal representative XIANGZHANG, and is now jointly held by Shanghai United Investment Co., Ltd., Shanghai Xincun Management Consulting Partnership (Limited Partnership), and the newly added shareholders. The company's official website shows that it focuses on the development of ReRAM new storage technology and related chip products.