STOCKS | Chinese ADRs Mostly Rise on Nov. 3; Alibaba Gains 3.53%
Most popular Chinese stocks listed in the U.S. rose on November 3, while the Nasdaq Golden Dragon China Index (HXC) closed up 2.25%. According to Sina Finance, gainers, ranked by market capitalization, included Alibaba, up 3.53%; PDD Holdings, up 3.91%; NetEase, up 1.63%; JD.com, up 2.41%; Baidu, up 0.65%; Trip.com, up 3.52%; KE Holdings, up 1.13%; ZTO Express, up 0.99%; Huazhu Hotels, up 1.62%; Tencent Music, up 5.95%; Futu Holdings, up 4.77%; Li Auto, up 1.36%; XPeng, up 5.86%; Full Truck Alliance, up 4.18%; BOSS Zhipin, up 3.14%; New Oriental, up 1.44%; Vipshop, up 3.49%; WSP Holdings, up 4.43%; Bilibili, up 6.55%; Atour Lifestyle Holdings, up 4.00%; and Kingsoft Cloud, up 2.19%. Decliners, also ranked by market capitalization, included TSMC, down 1.85%; ASE Technology, down 0.84%; UMC, down 1.74%; Chunghwa Telecom, down 0.16%; NIO, down 0.62%; Silicon Motion Technology, down 9.94%; GDS Holdings, down 0.68%; and NetEase Youdao, down 1.44%.
