U.S. Stocks of Chinese Companies Surge, China Golden Dragon Index Jumps 4%

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On May 13, market data indicated that the Nasdaq China Golden Dragon Index continued to rise, expanding its gains to 4%, possibly influenced by Trump’s visit to China today. Chinese concept stocks saw widespread increases, including: Kingsoft Cloud (KC) up 18.45%, Meituan ADR (MPNGY) up 9.72%, JD (JD) up 8.26%, Alibaba (BABA) up 8.11%, NIO (NIO) up 7.48%, Baidu (BIDU) up 7.32%, Brain Rejuvenation Technology (RGC) up 6.91%, Pinduoduo (PDD) up 5.35%, Bilibili (BILI) up 5.23%, and Li Auto (LI) up 4.46%.

MEITUAN-3.72%
JD-2.88%
BABA-6.27%
NIO-2.55%
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