The China Concept Index rose over 3.1%, Daqo New Energy increased by 10%, Alibaba rose by about 9%, and Youxin Technology surged over 41%

Wallstreetcn
2025.09.24 14:26

The Nasdaq Golden Dragon China Index rose by 3.13%.

Among popular Chinese concept stocks, Daqo New Energy rose by 10%, GDS Holdings rose by 9.3%, Alibaba rose by 8.9%, JD.com rose by 7.3%, Baidu rose by 6.1%, Pony.ai rose by 4.9%, and Pinduoduo, Nio, and Xiaomi ADR rose over 2%.

In addition, Xin Technology rose by 41.6%—the company will acquire Celnet Technology Co., Jiuzhi New Energy rose by 24.1%, while QMMM fell by 7.1%, and Bomei Group fell by 15.9%.

Among ETFs, YINN rose over 3.8%, DRAG rose by 2.9%, KWEB rose by 2.6%, and CQQQ rose by 2.5%