Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%. Other companies like Beike Holdings (BEKE) and New Oriental Education & Technology Group (EDU) also recorded smaller gains of 4.68% and 0.92%, respectively.
On the downside, major firms like Alibaba (BABA) and Baidu (BIDU) saw declines of 2.09% and 5.12%, respectively. Xpeng Motors (XPEV) and Bilibili (BILI) experienced significant losses, dropping 7.05% and 8.80%. Additionally, Lufax Holding (LU) decreased by 4.70%, and NetEase (NTES) fell 2.67%.
The broader U.S. stock market also closed down amid ongoing tensions in the Middle East, which increased the demand for oil futures, driving their prices higher. The Dow Jones Industrial Average fell by 184.93 points or 0.44%, while the S&P 500 Index declined by 9.58 points or 0.17%. Investors are also positioning themselves for the release of key non-farm payroll data.
