Chinese Concept Stocks | Pinduoduo and Xpeng Surge Despite Nasdaq Golden Dragon Index Dip

On Eastern Time February 4th (Tuesday), the three major U.S. stock indices collectively closed higher. The S&P 500 index rose by 0.72%, closing at 6037.88 points; the Dow Jones index increased by 0.30%, closing at 44556.04 points; and the Nasdaq index climbed 1.35%, closing at 19654.02 points.

On February 3rd, the Nasdaq Golden Dragon China Index fell by 0.53%.

Among popular Chinese stocks, Pinduoduo rose by 8.37%, XPeng Motors increased by 8.32%, Baidu climbed by 5.89%, Bilibili went up by 5.62%, Alibaba rose by 3.82%, JD.com increased by 2.82%, NIO went up by 2.45%, TSMC rose by 2.15%, and NetEase fell by 2.37%.

Companies experiencing continuous increases include Eureka Acquisition with a recent change of 0.10% for 16 consecutive days, resulting in a cumulative increase of 0.39%; Ascentage Pharma with a recent change of 3.74% for 5 consecutive days, resulting in a cumulative increase of 9.77%; Huami Technology with a recent change of 3.87% for 5 consecutive days, resulting in a cumulative increase of 9.26%; RLX Technology with a recent change of 1.80% for 4 consecutive days, resulting in a cumulative increase of 6.10%; Xinghui Cloud Print with a recent change of 4.17% for 4 consecutive days, resulting in a cumulative increase of 16.62%; Meten International with a recent change of 2.00% for 4 consecutive days, resulting in a cumulative increase of 5.29%; and Senmiao Technology with a recent change of 1.83% for 4 consecutive days, resulting in a cumulative increase of 3.67%.

Companies experiencing continuous declines include BaiJiaYun with a recent change of -11.39% for 13 consecutive days, resulting in a cumulative decrease of -69.59%; SOS with a recent change of -2.06% for 7 consecutive days, resulting in a cumulative decrease of -12.27%; Kuke Music with a recent change of -0.63% for 6 consecutive days, resulting in a cumulative decrease of -11.07%; Futu Holdings with a recent change of -2.85% for 6 consecutive days, resulting in a cumulative decrease of -14.98%; X3 Holdings with a recent change of -3.20% for 5 consecutive days, resulting in a cumulative decrease of -25.69%; Uxin with a recent change of -1.62% for 5 consecutive days, resulting in a cumulative decrease of -42.28%; and Hao Xi Health with a recent change of -7.36% for 5 consecutive days, resulting in a cumulative decrease of -42.16%.

Trip.com: Overall cross-border travel orders grow by 30% year-on-year for the 2025 Spring Festival
Trip.com released the "2025 Spring Festival Travel Summary Report," showing that more than half of the tourists returned on the fifth and sixth days of the lunar calendar. The flexibility of the 8-day statutory holiday allowed many tourists to extend their trips and return after peak times. Overall cross-border travel orders increased by 30% year-on-year, with inbound travel ticket orders rising by 180% and inbound travel hotel orders increasing by over 60% compared to the previous year.