Zhi Tong Cai Jing·2025-08-13 14:56Core Viewpoint - The Nasdaq China Golden Dragon Index opened with over a 2% increase, indicating a strong performance of Chinese concept stocks, driven by positive sentiment from the U.S. inflation report and expectations of potential interest rate cuts by the Federal Reserve [1] Group 1: Market Performance - Chinese concept stocks collectively surged, with notable gains from Bilibili (BILI.US) and NetEase (NTES.US) both rising over 6%, Alibaba (BABA.US) increasing over 3%, Futu Holdings (FUTU.US) up over 4%, and Li Auto (LI.US) also gaining over 3% [1] - The Shanghai Composite Index rose by 0.48%, surpassing 3674.4 points, breaking the previous high from October 8, 2024 [1] Group 2: Economic Indicators - The U.S. July inflation report was described as generally mild, which has bolstered traders' confidence in the likelihood of imminent interest rate cuts by the Federal Reserve [1] - The narrative surrounding the Federal Reserve's September meeting has shifted from "whether to cut rates" to "how much to cut rates" [1] Group 3: Foreign Investment - Chinese assets continue to attract foreign investment, with data showing that ETFs related to Chinese assets listed in the U.S. saw a net inflow of $5.04 million last week, primarily driven by funds like American Century Avantis Emerging Markets Equity [1]