The NASDAQ Golden Dragon China Index closed preliminarily up 1.7%. Popular Chinese stocks generally rose, with New Oriental EDU & Tech surging 14.7%, Xiaomi Corporation climbing 8.1%, and Li Auto, PDD, and Tencent all posting gains of varying magnitudes. Advanced Semiconductor Engineering fell 6.8%. Related ETFs such as KWEB and CQQQ also showed an upward trend

The NASDAQ Golden Dragon China Index closed preliminarily up 1.7%.

Among popular Chinese stocks, New Oriental EDU & Tech closed preliminarily up 14.7%, Xiaomi Corporation rose 8.1%, Li Auto gained 4.6%, PDD and Tencent each rose 3.2%, Bilibili and XPeng both rose over 2%, NetEase increased by 1.8%, while Advanced Semiconductor Engineering dropped 6.8%.

In the ETF space, KWEB closed preliminarily up 1.8%, and CQQQ rose 0.2%.