Chinese Concept Stocks | NIO Soars 12.72%, Nasdaq Golden Dragon Index Up 4%

Generated by AI AgentMarket Brief
Friday, Sep 27, 2024 6:31 pm ET1min read

On September 27th, Eastern Time (Friday), the three major U.S. stock indices showed fluctuating trends. The S&P 500 Index fell by 0.13% to 5738.17 points; the Dow Jones Index rose by 0.33% to 42313.00 points; the Nasdaq Index dropped by 0.39% to 18119.59 points.

On September 27th, the Nasdaq Golden Dragon China Index increased by 4.00%.

Among popular Chinese stocks, XPeng Motors rose by 8.91%, Bilibili increased by 8.68%, JD.com grew by 5.09%, Pinduoduo went up by 4.66%, NetEase rose by 2.64%, Baidu increased by 2.54%, Alibaba grew by 2.16%, NIO surged by 12.72%, while TSMC dropped by 4.72%.

Pinduoduo rose by 4.62% over five consecutive days, with a cumulative increase of 35.52%. 17 Education & Technology Group increased by 7.17% over five days, with a cumulative rise of 25.12%. Mogu Inc. surged by 20.91% over four consecutive days, achieving a cumulative increase of 35.71%. Origin Agritech rose by 8.17% over four days, with a total increase of 23.97%. Blue Hat Interactive Entertainment increased by 6.38% over four days, with a cumulative rise of 11.41%.

Bit Origin declined by 1.00% over four consecutive days, with a total decrease of 30.90%.

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