U.S. Stock Market Update | Chinese concept stocks rise, YUM China up nearly 13%
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On Tuesday, Chinese concept stocks rose. As of the time of publication, the Nasdaq Golden Dragon Index surged by over 3%, with component stock YUM China up nearly 13%, New Oriental up over 11%, Daqo New Energy up over 8.7%, and Tencent Music up over 7%
According to the Zhitong Finance APP, on Tuesday, Chinese concept stocks rose. As of the time of publication, the Nasdaq Golden Dragon Index rose by over 3%, with component stocks Yum China (YUMC.US) up nearly 13%, New Oriental Education (EDU.US) up over 11%, Daqo New Energy (DQ.US) up over 8.7%, and Tencent Music (TME.US) up over 7%