Chinese stocks listed in the U.S. showed mixed results. The Nasdaq Golden Dragon China Index (HXC) fell slightly by 0.07%. Among the gainers, Taiwan Semiconductor Manufacturing Company (TSMC, Financial) rose by 3.75%, JD.com increased by 3.33%, and Pinduoduo saw a 2.64% rise. Other notable gainers included Tencent Music with a 2.58% increase and Ctrip, which went up by 1.10%.
On the losing side, Alibaba fell by 0.72%, NIO dropped by 1.79%, and Bilibili experienced a 2.44% decline. Notably, Pony.ai saw a significant drop of 10.56%, and Miniso Group lost 3.97%.
In the broader U.S. market, stocks closed mixed. The Nasdaq surged over 300 points, driven by a tech rally following the U.S. Commerce Department's reversal of AI diffusion regulations. The S&P 500 slightly increased, erasing its year-to-date losses. Meanwhile, the Dow Jones Industrial Average fell by 269.67 points, or 0.64%.
