---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42764098.md"
description: "$Tencent Music(TME.US) rose by over four points, $Krne Csi China Internet(KWEB.US), and $BIDU-SW(09888.HK) both saw small gains, while $Kingsoft Cloud(KC.US) basically didn't move, and $Futu(FUTU.US) dipped slightly😀On days when US tech stocks are dragged down by semiconductors, Chinese concept stocks instead forge an independent trend. The valuation depression unexpectedly showed resilience during a period of risk appetite contraction.Southbound capital and share buybacks are providing support. The state of Chinese concept stocks 'others panic, I hold steady' makes holding quite comfortable."
datetime: "2026-07-17T10:21:41.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42764098.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42764098.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42764098.md)
author: "[K线舞蹈家](https://longbridge.com/en/profiles/26727947.md)"
---

# $Tencent Music(TME.US) rose by over four points, $…


### Related Stocks

- [KWEB.US](https://longbridge.com/en/quote/KWEB.US.md)
- [KWEB.UK](https://longbridge.com/en/quote/KWEB.UK.md)
- [09888.HK](https://longbridge.com/en/quote/09888.HK.md)
- [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md)
- [89888.HK](https://longbridge.com/en/quote/89888.HK.md)
- [HBUD.SG](https://longbridge.com/en/quote/HBUD.SG.md)
- [TME.US](https://longbridge.com/en/quote/TME.US.md)
- [01698.HK](https://longbridge.com/en/quote/01698.HK.md)
- [KC.US](https://longbridge.com/en/quote/KC.US.md)
- [03896.HK](https://longbridge.com/en/quote/03896.HK.md)
- [FUTU.US](https://longbridge.com/en/quote/FUTU.US.md)
- [03588.HK](https://longbridge.com/en/quote/03588.HK.md)