---
title: "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%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243312169.md"
description: "The China Concept Index rose more than 1%, hitting a daily high, with popular Chinese concept stocks like Alibaba and NetEase increasing by over 1%. The Nasdaq Golden Dragon China Index broke through 7340 points, with an increase of more than 1.1%. Among them, Momo/Hello rose by 11.7%, Kingsoft Cloud rose by 9%, and GDS rose by 7.2%. The FTSE A50 night futures and Hang Seng Tech Index futures also rose by more than 0.3% and 0.9%, respectively"
datetime: "2025-06-05T15:08:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243312169.md)
  - [en](https://longbridge.com/en/news/243312169.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243312169.md)
generator: "portal-rs"
---

# 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%

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%

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