US Stock Market Move | Popular Chinese concept stocks generally rose, Kingsoft Cloud (KC.US) soared more than 15%.

date
21:58 13/05/2026
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GMT Eight
On Wednesday, the Nasdaq China Golden Dragon Index rose 2.70%, with popular Chinese concept stocks generally increasing. Kingsoft Cloud (KC.US) surged over 15%.
On Wednesday, the Nasdaq Golden Dragon Index in China rose by 2.70%, popular Chinese concept stocks rose across the board. Kingsoft Cloud (KC.US) surged by over 15%, Hesai (HSAI.US) rose by over 6%, Alibaba Group Holding Limited Sponsored ADR (BABA.US), Baidu Inc Sponsored ADR Class A (BIDU.US) rose by nearly 6%, NIO Inc. Sponsored ADR Class A (NIO.US) rose by over 5%, PDD Holdings Inc. Sponsored ADR Class A (PDD.US), and Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rose by over 3%.