On Monday, Chinese stocks showed mixed results. The Nasdaq Golden Dragon China Index (HXC) rose by 0.98%. Among the gainers, Taiwan Semiconductor Manufacturing Company (TSM, Financial) increased by 5.30%, Pinduoduo by 2.51%, and Miniso by a notable 14.04%. Other gainers included NetEase, JD.com, Ctrip, Baidu, and Tencent Music. Xpeng Motors also saw a rise of 5.31%.
Conversely, Alibaba fell by 1.61%, Li Auto by 3.72%, and BeiGene by 4.30%. Other decliners included NIO, Futu Holdings, and 360 DigiTech.
In broader U.S. markets, the Dow Jones Industrial Average slightly declined, while the Nasdaq and S&P 500 reached record highs. Investors are focusing on the upcoming U.S. non-farm payroll data and Federal Reserve interest rate decisions.
