Chinese Concept Stocks | NIO, TSMC Lead Gains Amid Mixed Performance

On April 24th, Eastern Time (Thursday), all three major U.S. stock indices rose by over 1%. The S&P 500 Index increased by 2.03% to 5484.77 points; the Dow Jones Industrial Average rose by 1.23% to 40093.40 points; and the Nasdaq Composite increased by 2.74% to 17166.04 points.

On April 24th, the Nasdaq Golden Dragon China Index rose by 0.68%.

Among popular Chinese stocks, NIO rose by 6.23%, TSMC by 4.01%, Pinduoduo by 2.83%, Bilibili by 2.49%, Baidu by 2.27%, NetEase by 2.12%, XPeng Motors by 1.61%, Alibaba by 0.26%, while JD.com fell by 3.25%.

Companies with consecutive gains include: Online Education Technology with a latest increase of 2.45% over 17 days, accumulating a 20.50% rise; DayDayCook with a latest increase of 16.36% over 13 days, accumulating a 2929.59% rise; Bio-Thera Solutions with a latest increase of 9.38% over 9 days, accumulating a 50.52% rise; Four Seasons Education with a latest increase of 4.37% over 9 days, accumulating a 29.60% rise; Shengda Technology with a latest increase of 0.35% over 8 days, accumulating a 14.00% rise.

Companies with consecutive declines include: JD.com with a latest decrease of 3.25% over 7 days, accumulating a 14.96% fall; GD Culture Group with a latest decrease of 3.40% over 4 days, accumulating a 20.08% fall; American Green World with a latest decrease of 1.55% over 4 days, accumulating a 15.92% fall; Huachen Technology with a latest decrease of 0.12% over 3 days, accumulating a 2.97% fall; MicroAlgo with a latest decrease of 6.16% over 3 days, accumulating a 26.73% fall; Cheche Technology with a latest decrease of 1.60% over 3 days, accumulating a 11.96% fall; Haohong Technology with a latest decrease of 0.71% over 3 days, accumulating a 27.78% fall; Blue Hat with a latest decrease of 3.11% over 3 days, accumulating a 11.74% fall; Great Wall Technology with a latest decrease of 14.92% over 3 days, accumulating a 28.14% fall; Yidianxing with a latest decrease of 3.82% over 3 days, accumulating a 13.46% fall.

Beike Denies! Rumors of "Internal Notice from Shenzhen Beike" Are False
Today, a screenshot of an internal notice allegedly issued by Shenzhen Beike circulated on social media. The screenshot claimed that Shenzhen Beike issued a notice requiring all employees to be on duty, not to rest, and to prepare for new incentives. It mentioned that the last time such a notice was received was at the end of September 2024, suggesting that Shenzhen Beike had received early information and prepared in advance, with internal instructions for all employees to be on alert. A Beike official clarified in response to inquiries: regarding the circulated screenshot of "Shenzhen Beike issued a notice", after internal investigation, the company has never issued such a notice.

JD Delivery: Daily Orders Surpass 10 Million, Now Covering 166 Cities Nationwide
On April 24th, JD's official news board announced that as of April 22nd, JD Delivery's daily order volume had surpassed 10 million, covering 166 cities nationwide. It took just one week from April 15th to surpass 5 million daily orders. JD Delivery officially launched on March 1st, and by March 24th, daily orders had exceeded 1 million. JD Delivery has introduced a subsidy program worth billions, covering all dining outlets, allowing users to draw up to 20 yuan in dining subsidies each day. Additionally, it offers service guarantees, with free orders if delivery is more than 20 minutes late. Users can place orders through the "Quick Delivery" channel at the top of the JD App homepage. JD had previously announced plans to increase full-time courier recruitment from 50,000 to 100,000 over the next three months.

In the First Quarter, Sales of "Guzi Economy" on Xianyu Soared by 167%
On April 24th, the "2025 Xianyu Guzi Trend Report" was released, showing that Guzi consumption entered a growth phase in 2024, with an annual transaction volume increase of 105% year-on-year. In the first quarter of this year, Xianyu's Guzi transaction volume reached a record high, with the popularity of domestic IP Guzi surpassing Japanese Guzi, achieving 1.2 times the transaction volume. Sales of Guzi with the Nezha IP surged by 2346.2%. Currently, Guzi consumption is trending towards female-oriented, youthful, high-frequency, and high-growth patterns. The proportion of female consumers has increased from 67% in 2023 to 78% in 2025.

XPeng Motors Establishes New Company in Wuhan
According to the Qichacha APP, recently, Wuhan XPeng Motors Trading Co., Ltd. was established with Chen Zhiyuan as the legal representative and a registered capital of 10 million yuan. The business scope includes automobile sales, new energy vehicle sales, wholesale of auto parts, and battery sales. Qichacha's equity penetration shows that the company is wholly owned by XPeng Motors Central China (Wuhan) Co., Ltd.