2 1 Shi Ji Jing Ji Bao Dao·2025-09-15 15:57Market Overview - The US stock market opened higher with the Dow Jones up 0.27%, Nasdaq up 0.72%, and S&P 500 up 0.52% as of the report time [1] - The Nasdaq Golden Dragon China Index rose over 1.4%, approaching 8500 points, while the Wind China Concept Stock Index surged 1.79% [1] Key Stock Performances - Tesla's stock increased by over 6% after Elon Musk purchased approximately $1 billion worth of Tesla shares [2] - Nvidia's stock fell by 1.5%, while Oracle's stock rose over 4% [2] - Coreweave announced a new order worth $6.3 billion with Nvidia, leading to a stock increase of over 6% [2] Chinese Concept Stocks - Several Chinese concept stocks saw significant gains, with ROBO.AI up over 41% and Guanke Meibo up over 30% [5] - Notable increases included Bilibili up over 8%, and several electric vehicle companies like Li Auto and NIO rising over 7% [5] Gold and Bonds - US Treasury prices rose slightly, with the 10-year Treasury yield decreasing by one basis point to 4.06% [6] - Spot gold reached $3663 per ounce, up 0.56% for the day [6] Cryptocurrency Market - Bitcoin fell to $114,528.1, down 0.69%, while Ethereum dropped to $4,499.02, down 2.31% [8] Chinese Market Dynamics - The Nasdaq Golden Dragon China Index has increased by 25% year-to-date, reflecting a recovery in Chinese assets [9] - Factors contributing to this rebound include a weaker dollar, anticipated Fed rate cuts, and supportive Chinese policies for the tech sector [10][11] - The current valuation of the Nasdaq China Golden Dragon Index remains attractive compared to historical averages, with a forward P/E ratio of 15.58, below the historical average of 17.68 [11]