The China Concept Index rose by over 1%, with Nio up about 3%
The Nasdaq Golden Dragon China Index rose more than 1.1% in early trading, with popular Chinese concept stocks New Oriental rising over 3.4%, Nio rising over 2.9%, XPeng rising over 1.3%, Alibaba, Pinduoduo, ZEEKR, JD.com, and NetEase rising at most over 0.7%, while Bilibili fell 2.1%