Most popular Chinese concept stocks rose, with XPeng up nearly 4%, Nio and Hesai up over 3%, and Kingsoft Cloud and Bilibili up nearly 3%

The Hang Seng Index closed down 1.28%, and the Hang Seng Tech Index fell 1.58%

XPeng fell about 4%, ZTE fell about 4%, Nio fell about 3%, Bilibili fell 3%

U.S. Pre-Market: Chinese Concept Stocks and Technology Stocks Rise Broadly

Before the US stock market opens, Chinese concept stocks are generally rising, with Bilibili up about 5%, Nio up about 4%, Baidu up about 3%, and Alibaba up about 4%. Technology stocks are also generally rising, with Google A up about 3%, Micron Tech up 2.5%, and NVIDIA up about 1%

Ali Qianwen surpasses ten million downloads; Hang Seng Index adjusts, Leapmotor and Hesai surge｜Today's Important News Recap

1124 | Dolphin Research Focus: 🐬 Macro/Industry 1. On November 21st, Hang Seng Indexes Company announced the results of its quarterly review, with the changes to be implemented after the market closes on December 5, 2025, and effective from December 8, 2025. Among the changes, Dolphin Research is particularly interested in Leapmotor being included in the Hang Seng TECH Index, and Hesai Technology being added to the Hang Seng Composite Index. Inclusion in the indices will bring passive capital inflows to both companies, enhancing stock liquidity and market attention. Leapmotor rose nearly 6% today, while Hesai increased by over 8%...

Orient Securities Sticks to Their Buy Rating for Bilibili, Inc. Class Z (9626)

Orient Securities analyst maintained a Buy rating on Bilibili, Inc. Class Z with a price target of HK$220.57. Goldman Sachs also maintained a Buy rating with a HK$240.00 price target in a report released on November 17.