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The China Concept Index rose over 1%, hitting a daily high, with Alibaba and NetEase both up over 1%, and the Hang Seng Tech Index futures rising over 0.9%

Wallstreetcn
Jun 5, 2025 at 03:08 PM

The Nasdaq Golden Dragon China Index rose over 1.1%, hitting a daily high and breaking through 7,340 points.

Among popular Chinese concept stocks, Momo/Hello rose 11.7%, Kingsoft Cloud rose 9%, GDS rose 7.2%, New Oriental rose 5.6%, Bilibili rose 2.1%, Baidu, Alibaba, NetEase, and Pony.ai rose up to 1.7%, Pinduoduo, Xiaomi, Yum China, Li Auto, JD.com, and Tencent rose up to over 0.9%, while XPeng, Fangdd, WeRide, and Nio fell by up to about 2.4%.

FTSE A50 night futures rose by more than 0.3%, hitting a daily high.

Hang Seng Index night futures rose over 0.4%, and Hang Seng Tech Index futures rose over 0.9%

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

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