Late at night, Chinese concept stocks experience another surge! The market was driven by strong buying activity, with many stocks hitting new highs. Investors remain optimistic about the economic recovery and government policies supporting the tech and education sectors. Despite some concerns over regulatory changes, the overall sentiment continues to be positive, leading to significant gains across major indices. Market analysts suggest that this upward trend may persist in the short term as confidence among investors remains high.

Chinese concept stocks surge again.

On February 6th, local time, the three major U.S. stock indices opened higher collectively, then the Dow Jones continued to rise. As of the time of writing, the Dow is up 1.75%, the S&P 500 is up 1.07%, and the Nasdaq is up 0.78%.

Chinese concept stocks performed strongly. As of the time of writing, the Nasdaq Golden Dragon China Index rose over 2%. On the previous trading day, amid a broad decline in the three major U.S. stock indices, the Nasdaq Golden Dragon China Index closed up 0.9%.

Among popular Chinese concept stocks, NIO rose over 9%, So-Young (Xinyang) rose over 6%, Huya, Li Auto, Century Internet, GDS Holdings, and others rose over 5%, while Niu Technologies and Pony.ai rose over 4%.

On February 5th, NIO announced its Q4 2025 earnings forecast, expecting to record its first quarterly adjusted operating profit. On the same day, NIO’s U.S. stock surged over 5%.

The announcement shows that, based on an initial assessment of unaudited consolidated management accounts and existing data, NIO’s adjusted operating profit for Q4 2025 (non-GAAP, excluding stock-based compensation) is expected to be between 700 million and 1.2 billion RMB, approximately $100 million to $172 million. In the same period in 2024, NIO reported an adjusted operating loss of 5.5436 billion RMB, marking a transition from loss to profit.