The China Concept Index erased a 0.7% decline and briefly turned positive, Xunlei rose over 51%, China Yuchai increased by about 7%, and Gaotu Techedu may continue yesterday's performance of over 31% increase
The Nasdaq Golden Dragon China Index stopped falling and rebounded. After a 0.7% decline in early trading of U.S. stocks, it turned around and rose over 0.1%.
Chinese concept stocks Xunlei rose 51.03%, Pupu Culture rose 19.81%, Quhuo rose 10.81%, China Yuchai rose 6.9%, Greenland Holdings rose 6.8%, and Gaotu Techedu rose 5.9%, expected to continue the performance of over 31% increase on February 26. Kingsoft Cloud, on the other hand, fell 7.15%, Huaxia Boya fell 15.55%, and Li Auto fell 26.88%