Nasdaq Golden Dragon Index Rallies with Notable Gains in Chinese Stocks

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Nov 07, 2024
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The Nasdaq Golden Dragon China Index saw a rise of 3.7%. Among the standout performers, Fangdd Network Group (DUO) surged by 15.72%, showing significant investor interest. Another highlight was XPeng Inc. (XPEV, Financial), which experienced an impressive increase of 12.52%, reflecting strong market confidence. Additionally, Kingsoft Cloud Holdings (KC) rose by 10.61%, and EHang Holdings (EH) grew by 9.82%, indicating a positive trend in key Chinese stocks.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.