Chinese Stocks Surge: Nasdaq Golden Dragon China Index Jumps 4.26%, Alibaba Rises Over 10%

The Nasdaq Golden Dragon China Index surged 4.26% at the close, with major Chinese-listed stocks broadly advancing. Alibaba shares soared more than 10%, leading gains among key constituents. Bilibili and XPeng rose over 8% each, while Baidu and Weibo climbed more than 6%. NIO and JD.com gained over 4%, and Li Auto also posted a gain exceeding 2%. Market sentiment notably improved, driving a strong rebound in Chinese概念股.