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NASDAQ Golden Dragon CN Index Up 6.4%; Alibaba (BABA.US) Jumps Up 8%+
The Chinese government work report propounded an economic growth target of around 5% for this year. Correspondingly, the NASDAQ Golden Dragon China Index surged 485 points, or 6.4%...
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NASDAQ Golden Dragon CN Index Up 6.4%; Alibaba (BABA.US) Jumps Up 8%+
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The Chinese government work report propounded an economic growth target of around 5% for this year. Correspondingly, the NASDAQ Golden Dragon China Index surged 485 points, or 6.4%, to 8,073.

Chinese ADRs mushroomed, with Alibaba (BABA.US)      up 8.6%; Baidu (BIDU.US)      , Bilibili (BILI.US)      , Vipshop (VIPS.US)      , and Pinduoduo (PDD.US)      climbing between 5.4% and 6%. New Oriental Education (EDU.US)      , Kingsoft Cloud (KS.US), and Trip.com (TCOM.US)      soared 6.4%, 7.4%, and 7.8%, respectively, while GDS (GDS.US)      swelled 10.2%. Tencent (TCEHY.US)      rallied 6.5%.

Related NewsG Sachs Drops BYD COMPANY's TP to $428, Predicts Intensified Competition to Drag 2Q25 GPM Down by 3 ppts
In the auto sector, XPeng (XPEV.US)      leaped 7.1%, Geely's Zeekr (ZK.US)      jumped up 10.2%, Nio (NIO.US)      and Li Auto (LI.US)      advanced 3.1% and 3.6%, respectively, and BYD (BYDDY.US)      swelled 2.5%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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