The Nasdaq Golden Dragon China Index recorded a modest increase of 0.22%, with a majority of the most popular Chinese stocks displaying robust upward momentum. Notably, XPeng Motors and Kingsoft Cloud witnessed substantial gains, surpassing 6% and 5%, respectively. NIO Inc. and MINISO Group Holding Limited also performed impressively, with gains exceeding 1%. Conversely, NetEase Inc. saw a decline of over 4%, while Baidu Inc. and Pinduoduo Inc. experienced minor setbacks, each falling by less than 1%.
