On September 27, U.S. time, Chinese stocks listed on Nasdaq saw significant gains, pushing the Nasdaq Golden Dragon China Index up by 4%.
NIO (NIO, Financial) led the surge with a rise of more than 10%, while XPeng (XPEV) increased by over 6%. Travel service provider Trip.com (TCOM) climbed more than 5%. Baidu (BIDU) and New Oriental Education (EDU) both saw gains exceeding 4%. Alibaba (BABA), NetEase (NTES), JD.com (JD), Yum China (YUMC), Huazhu Group (HTHT), and Full Truck Alliance (YMM) each rose over 3%. Li Auto (LI) also had an impressive day, increasing over 2%.