---
title: "U.S. stock market opens: Chinese concept index rises 3.4%, Alibaba rises 11%, China Yuchai rises about 44%, the three major U.S. stock indices open lower"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229043150.md"
description: "The opening situation of the US stock market shows that Chinese concept stocks performed strongly, with the Chinese concept index rising by 3.4%. Alibaba rose by 11%, and China Yuchai increased by about 44%. Other Chinese concept stocks such as GDS Holdings, Century Internet, and Bilibili also saw significant gains. In contrast, Palantir and Walmart experienced declines. The three major US stock indices opened lower, with the S&P 500 index down by 0.16%, the Dow Jones Industrial Average down by 0.15%, and the Nasdaq Composite down by 0.13%"
datetime: "2025-02-20T14:35:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229043150.md)
  - [en](https://longbridge.com/en/news/229043150.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229043150.md)
generator: "portal-rs"
---

# U.S. stock market opens: Chinese concept index rises 3.4%, Alibaba rises 11%, China Yuchai rises about 44%, the three major U.S. stock indices open lower

Chinese concept stocks Alibaba rose 11%, GDS Holdings rose 18.3%, Century Internet rose 16.8%, China Yuchai rose 43.7%, Bilibili rose about 16.58%, Kingsoft Cloud rose over 10%, JD.com rose 5.9%, and the Chinese concept ETF YINN rose 5.5%.

Palantir fell 7.4%, Walmart fell 5.6%, marking the worst intraday performance since November 2023, Amazon and C3.ai fell over 1%, NXP Semiconductors rose over 3%, and NVIDIA rose 0.7%.

The S&P 500 index opened down 9.65 points, a decrease of 0.16%, at 6134.50 points;

The Dow Jones Industrial Average opened down 66.48 points, a decrease of 0.15%, at 44561.11 points;

The Nasdaq Composite opened down 27.07 points, a decrease of 0.13%, at 20029.19 points

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**