The Nasdaq Golden Dragon China Index's intraday gain has expanded to 2%.
Among popular Chinese concept stocks, Vnet rose 16.4%, Zai Lab rebounded 11.6%, GDS increased by 7.8%, Alibaba rose 4.7%, and Nio increased by 4.2%.
In addition, MOGU surged 124%, EDHL rose 28%, Global Mofei increased by 25%, Tiancheng Technology rose 20%, Newegg increased by 12.5%, and Wunongwang rose 9.7%