Nasdaq Golden Dragon China Index Rises, YINN and Yum China Gain

Dec 12, 2024

The Nasdaq Golden Dragon China Index increased by 1%. The Direxion Daily FTSE China Bull 3X Shares ETF (YINN) rose 1.6%, while popular Chinese stocks like Yum China Holdings, Inc. saw a 2.8% increase. Additionally, both Bilibili Inc. and Baidu, Inc. gained over 1.2%. Other notable stocks, including Alibaba Group Holding Limited, New Oriental Education & Technology Group Inc., Li Auto Inc., Pinduoduo Inc., and NetEase, Inc., experienced gains of up to 1%.

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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.

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