Chinese Concept Stocks | NIO Surges 14.44% Amid Nasdaq China Golden Dragon Index Rise

On August 22 (Friday), Eastern Time, the three major U.S. stock indices all rose by more than 1%. The S&P 500 index rose by 1.52% to 6466.91 points; the Dow Jones index rose by 1.89% to 45631.74 points; and the Nasdaq index rose by 1.88% to 21496.53 points.

On August 22, the Nasdaq China Golden Dragon Index rose by 2.73%.

In terms of popular Chinese concept stocks, XPeng Motors rose by 4.46%, Alibaba rose by 4.08%, Pinduoduo rose by 3.38%, Baidu rose by 2.74%, TSMC rose by 2.51%, JD.com rose by 2.25%, NIO rose by 14.44%, Bilibili rose by 0.93%, and NetEase rose by 0.02%.

NIO has risen by 14.44% over the latest period, marking a continuous rise for six days, with an overall increase of 42.47% during this period. RLX Technology saw a latest increase of 7.14% during its five-day rise, accumulating a total increase of 12.68%. Tianyan Pharmaceuticals rose by 4.82%, marking a five-day continuous rise with a total increase of 41.42%. Zhongchi Chufu rose by 2.48% for five consecutive days but saw a total decrease of 2.36%. Zhongwang Zailian rose by 10.14% over a five-day period, with an overall rise of 18.75%.

On the downside, Q&K International Group saw a latest decrease of 3.06% over six consecutive days, accumulating a total decrease of 47.23%. Mindong Hong Group decreased by 2.92% over five consecutive days, with a total decrease of 9.17%. Xunlei saw a latest decrease of 0.55% over four consecutive days, accumulating a total decrease of 17.97%. XChange decreased by 2.00% over four consecutive days, with a total decrease of 6.51%. Robe saw a latest decrease of 3.96% over four consecutive days, accumulating a total decrease of 14.95%.

XPeng Motors: Signing 2026 Cooperation Framework Agreement with Guangdong Huitian
XPeng Motors announced that the company signed a 2026 cooperation framework agreement with Guangdong Huitian on August 22, 2025, valid from January 1, 2026, to December 31, 2028. According to the agreement, the two parties will continue cooperation in the research and development, manufacturing, sales, and after-sales service of flying cars. The flying cars are expected to be mass-produced in 2026. Guangdong XPeng will provide Guangdong Huitian with research and development services, technical consultation services, and sales agency services. The annual transaction caps are set at RMB 900 million, RMB 1.8 billion, and RMB 2 billion respectively.

Oriental Selection: Sun Dongxu Is on Leave, Not Resigned
Oriental Selection released a statement on August 22: Sun Dongxu is on leave and has not resigned. Since December 2023, Sun Dongxu has been working as an advisor to Oriental Selection and Yu Minhong. Yu Minhong and Sun Dongxu have maintained good communication.

Oriental Selection: Fiscal Year 2025 Revenue of 4.392 Billion Yuan, Net Profit of 60.745 Million Yuan
Oriental Selection announced that its fiscal year 2025 annual revenue was 4.392 billion yuan, with a net profit of 60.745 million yuan.

Another Departure from the Intelligent Driving Team, Ideal Auto's Mass Production Leader Wang Jiajia Resigns
Ideal Auto's intelligent driving team sees another change. According to multiple sources, Wang Jiajia, the leader of the mass production team for Ideal Auto's intelligent driving team, has recently submitted a resignation application. "However, the Feishu structure still shows he is present," an insider added. This is the third important leader to leave Ideal Auto's intelligent driving team this year. Last November, Ideal Auto adjusted its intelligent driving team, dividing it into three major sections: Xia Zhongpu responsible for AI algorithm implementation, Jia Peng responsible for VLA's technical development, and Wang Jiajia responsible for mass production, all reporting to Lang Xianpeng. This year, Xia Zhongpu and Jia Peng have left Ideal Auto. Before resigning, Wang Jiajia was the leader of the mass production research and development team for Ideal Auto's intelligent driving, with a rank of 21, reporting to Ideal Auto's intelligent driving leader Lang Xianpeng. The mass production team he led was the second-largest team in Ideal Auto's intelligent driving team after the VLA team, with nearly 250 members.

Hang Seng Index Includes China Telecom, JD Logistics, Pop Mart
Hang Seng Index Company released the results of its quarterly review, adding China Telecom, JD Logistics, and Pop Mart to the Hang Seng Index, increasing the number of constituent stocks to 88. There were no changes to the constituents of the Hang Seng Technology Index, maintaining 30 constituent stocks. The changes will be implemented after the close of trading on Friday, September 5, 2025, and will take effect from Monday, September 8, 2025.

Ant Group and Peking University Third Hospital Co-Establish "AI Medical Joint Laboratory" to Promote AI Medical Applications
Ant Group has reached a strategic cooperation agreement with Peking University Third Hospital (PKU Third Hospital) to jointly establish the "AI Medical Joint Innovation Laboratory." The two parties will conduct research and application studies in multiple departments, focusing on major disease areas such as colorectal cancer, endocrine, and assisted reproduction, to promote the development of AI-assisted diagnosis and treatment decision systems and patient service systems. Meanwhile, the PKU Third Hospital's "Smart Body" project is launched to provide patients with full-process AI accompaniment services, optimizing the medical experience and efficiency. Ant Group CEO Han Xinyi stated that they will cooperate with top hospitals and research institutions to promote the specialization, personalization, and automation of AI medical health services.

DingTalk Partners with Tongyi Laboratory to Release Fun-ASR Speech Recognition Model Supporting Enterprise Customization
DingTalk and Tongyi Laboratory's voice team announced the joint launch of a new generation of the speech recognition model Fun-ASR, capable of understanding jargon from ten industries such as home decoration and livestock, supporting enterprise-specific model customization training. Currently, Fun-ASR has been integrated into multiple DingTalk functional modules, including meeting subtitles and simultaneous interpretation, intelligent summaries, voice assistants, etc.

NVIDIA CEO Jensen Huang: TSMC Will Continue to Achieve Incredible Growth
NVIDIA CEO Jensen Huang stated that TSMC will continue to achieve incredible growth.

Li Bin Responds to New Car Pricing: Survival of NIO Is the Most Important
On the morning of August 22, NIO CEO Li Bin stated at the media communication meeting for the new ES8 release that if NIO continues to maintain high prices, it will be difficult to compete in the market. The current cost of the new ES8 is much lower than before (old ES8), and the current price still has a profit margin. "The survival of NIO is the most important."