Chinese stocks showed significant strength in the U.S. markets as the Nasdaq Golden Dragon China Index surged over 6%. Key performers included:
Agora (API, Financial) saw a remarkable increase of 106%, leading the charge among Chinese stocks. Tiger Brokers (TIGR) climbed nearly 30%, while Kingsoft Cloud (KC) and LexinFintech (LX) both recorded gains of approximately 15%. Bilibili (BILI) and Youdao (DAO) also experienced notable upswings of more than 11%.
Other significant gainers included Qudian (QD) and Niu Technologies (NIU), both up over 9%, along with New Oriental (EDU) and Dada Nexus (DADA), each rising more than 8%.