Zheng Quan Shi Bao·2025-12-05 15:55Market Performance - US stock indices opened slightly higher on December 5, with the Dow Jones up 0.37%, Nasdaq up 0.36%, and S&P 500 up 0.32% [1] - The Dow Jones Industrial Average reached 48,028.89, gaining 177.95 points [2] - Nasdaq Composite Index stood at 23,588.84, increasing by 83.69 points [2] - S&P 500 Index was at 6,879.39, rising by 22.27 points [2] Chinese Concept Stocks - Chinese concept stocks showed strong performance, with the Nasdaq Golden Dragon China Index rising by 1.4% at one point and currently up about 1.2% [2] - Major Chinese tech stocks saw significant gains, including Baidu Group up nearly 4%, Xiaomi Group ADR up over 2%, and Meituan ADR up over 1% [2] - Other notable Chinese stocks included Dingdong Maicai up over 8%, Huya up over 4%, and ZTO Express, Global Data, New Oriental, among others, up over 3% [2] US-China Economic Relations - On December 5, Chinese and US economic leaders held a video call to discuss the implementation of agreements from previous high-level meetings [4] - Both sides positively evaluated the outcomes of the Kuala Lumpur economic consultations and expressed commitment to continue pragmatic cooperation [4] - The discussions aimed to expand the cooperation list and address concerns in the economic field, promoting stable and positive US-China economic relations [4]