Major Gains in Chinese Stocks: Li Auto (LI) and Alibaba (BABA) Among Top Performers

Chinese stocks surged, with the Nasdaq Golden Dragon China Index (HXC) closing up by 4.93%. Major gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose by 2.17%, Alibaba (BABA, Financial) by 2.23%, Pinduoduo (PDD) by 4.85%, and JD.com (JD) by 4.36%. NetEase (NTES) saw a significant increase of 7.88%, while Trip.com (TCOM) climbed 7.05%, and Baidu (BIDU) advanced 4.40%. Li Auto (LI) was up by 4.55%, KE Holdings (BEKE) by 5.22%, and Tencent Music (TME) by 7.57%. Other notable risers in ...