US Stock Market Move | Popular Chinese concept stocks rose across the board, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) up more than 3%.

22:53 20/07/2026

On Monday, the Nasdaq China Golden Dragon Index rose by 0.44%, with popular Chinese concept stocks generally rising. Alibaba (BABA.US) rose by over 3%.

On Monday, the Nasdaq China Golden Dragon Index rose by 0.44%. Popular Chinese concept stocks were generally up, with NTES Youdao Inc ADR Class A (DAO.US) rising by more than 5%, KINGOFT CLOUD (KC.US) rising by 5%, Alibaba Group Holding Limited Sponsored ADR (BABA.US) rising by over 3%, Baidu Inc Sponsored ADR Class A (BIDU.US), and Trip.com Group Ltd. Sponsored ADR (TCOM.US) rising by over 2%.

A-share closing review | Shanghai Composite Index closes up 1.79% Technology leaders rebound together, with stocks like Zhongji Innolight (300308.SZ) rising more than 10%.

New Stock News | It is reported that Zhongji Innolight (300308.SZ) has started a pre-IPO roadshow for its Hong Kong listing, with plans to raise up to $8 billion.

HK Stock Market Move | MeiG Smart Technology (03268) rose more than 6%, officially launched the MeiG MIND aggregation platform, efficiently empowering the large-scale landing of AI applications in multiple scenarios and terminals.

A-share closing review | Shanghai Composite Index closes up 1.79% Technology leaders rebound together, with stocks like Zhongji Innolight (300308.SZ) rising more than 10%.

New Stock News | It is reported that Zhongji Innolight (300308.SZ) has started a pre-IPO roadshow for its Hong Kong listing, with plans to raise up to $8 billion.