On Thursday, prominent Chinese stocks listed in the U.S. had varied performances. The NASDAQ Golden Dragon China Index (HXC) edged up by 0.30%.
Among the gainers, Alibaba (BABA, Financial) rose by 1.29%, Pinduoduo (PDD) increased by 0.08%, JD.com (JD) climbed 0.89%, and Trip.com (TCOM) surged 2.29%. Tencent Music (TME) went up by 1.33%, ZTO Express (ZTO) added 0.55%, and Huazhu Group (HTHT) gained 1.46%. Additionally, New Oriental Education (EDU) inched up 0.40%, XPeng (XPEV) rose 0.96%, and Kanzhun (BZ) increased 1.01%. Miniso Group (MNSO) saw a rise of 2.32%, while 360 DigiTech (QFIN) jumped 2.95%, and GDS Holdings (GDS) rose 0.36%.
Conversely, Taiwan Semiconductor Manufacturing Company (TSM) fell by 0.72%, NetEase (NTES) decreased by 1.12%, and Baidu (BIDU) slightly dipped by 0.02%. Li Auto (LI) experienced a substantial drop of 3.76%. Other decliners included Chunghwa Telecom (CHT), down 0.76%, Beike (BEKE) down 0.23%, BeiGene (BGNE) down 0.42%, and ASE Technology Holding (ASX) declining 1.12%. United Microelectronics (UMC) fell 0.12%, Futu Holdings (FUTU) plunged 3.38%, and NIO (NIO) dropped 0.79%. Full Truck Alliance (YMM) decreased 2.08%, Bilibili (BILI) shrunk by 2.48%, Vipshop (VIPS) fell 0.60%, and Zeekr fell 2.41%. Additionally, Autohome (ATHM) edged down 0.03%, and Atour Lifestyle Holdings (ATAT) dropped 0.11%.
In the broader U.S. market, stocks slightly declined on Thursday. The U.S. Consumer Price Index (CPI) for September showed month-on-month and year-on-year increases that exceeded expectations, while initial jobless claims reached a one-year high. These indicators suggest persistent inflationary pressures and a weakening labor market, placing downward pressure on stock indices. The Dow Jones Industrial Average fell by 57.88 points or 0.14% to 42,454.12 points. The NASDAQ Composite declined by 9.57 points or 0.05% to 18,282.05 points, while the S&P 500 Index dropped 11.99 points or 0.21% to 5,780.05 points.
