Strong Gains for Chinese ADRs as HXC Index Rises, JD.com Leads with 5.31% Increase

Group 1: Chinese ADRs Performance - Chinese ADRs experienced significant gains, with the Nasdaq Golden Dragon China Index (HXC) increasing by 3.05%, marking its fourth consecutive week of advances and a weekly increase of 11.85% [1] - Notable gainers by market capitalization included Alibaba (BABA) rising by 1.50%, JD.com (JD) surging by 5.31%, and Trip.com (TCOM) increasing by 5.88% [1] - Other significant performers included TSMC (TSM) up by 0.94%, Pinduoduo (PDD) increasing by 1.08%, and Baidu (BIDU) up by 1.13% [1] Group 2: Declines in Chinese Stocks - Certain Chinese stocks experienced declines, with Tencent Music (TME) decreasing by 0.22% and RLX Technology (RLX) dropping significantly by 6.88% [1] Group 3: U.S. Market Performance - U.S. markets ended the day higher, with the Dow Jones Industrial Average reaching a record closing high, rising by 341.16 points to 42,352.75 [2] - The Nasdaq gained 219.37 points, reaching 18,137.85, while the S&P 500 increased by 51.13 points to 5,751.07 [2] - Strong nonfarm payroll data for September eased concerns over an economic downturn and reduced the likelihood of a significant rate cut by the Federal Reserve in November [2]