Market Performance - US stock market indices rose, with the Dow Jones increasing by 68.78 points (0.15%) to 46,316.07, the Nasdaq up by 107.08 points (0.48%) to 22,591.15, and the S&P 500 gaining 17.51 points (0.26%) to 6,661.21 [3][4] - The Nasdaq China Golden Dragon Index saw a strong performance, rising over 2% [1] Sector Performance - In the S&P 500, nine out of eleven sectors experienced gains, with the consumer discretionary and technology sectors leading with increases of 0.55% and 0.49%, respectively [4] - The energy and communication services sectors declined by 1.91% and 0.45% [4] Chinese Stocks - Notable gains were observed in popular Chinese stocks, with the Nasdaq China Golden Dragon Index closing up 2.03% [4] - Specific stocks such as Xunlei surged over 9%, while Bilibili, Alibaba, New Oriental, and Sohu rose over 4% [4] Alibaba's Performance - Alibaba's stock increased by 4.65%, with analysts from Morningstar projecting further growth in its cloud business due to increased data center investments and AI applications [5] - Morningstar raised Alibaba's valuation for its American Depositary Shares and H-shares by 49% to $267 and HK$260, respectively, citing stronger cloud business profits and AI-driven growth [5] - Jefferies also raised Alibaba's target price from $178.00 to $230.00 [6]
昨夜中国资产大涨， 美政府“停摆”倒计时
Zheng Quan Shi Bao·2025-09-30 00:20