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March 20: Chinese Stocks Mixed, Alibaba Down 7.07%, Atour Lifestyle Down 4.11%
On March 20, Chinese concept stocks experienced mixed gains and losses, with the NASDAQ Golden Dragon China Index (HXC) closing down 1%.
Among the gainers (by market cap), Taiwan Semiconductor Manufacturing Company (TSMC) rose 1.15%, XPeng Motors increased 2.08%, Li Auto gained 0.29%, Huazhu Hotels Group rose 0.70%, NIO increased 1.20%, China New Town Rural rose 5.38%, New Oriental gained 0.57%, GDS Holdings increased 0.13%, Manbang rose 2.02%, Huaneng Power gained 0.00%, WSP Holdings increased 0.74%, Zhaopin Biological rose 2.68%, Atour Group gained 4.11%, Huirong Technology increased 1.67%, China Vision Media rose 0.96%, and WeBull increased 0.76%.
Among the decliners (by market cap), TSMC fell 0.24%, Alibaba dropped 7.07%, Pinduoduo declined 3.27%, NetEase decreased 0.57%, Baidu fell 2.35%, JD.com dropped 0.64%, Ctrip declined 0.44%, Chunghwa Telecom fell 0.07%, United Microelectronics Corporation decreased 0.48%, Futu Holdings dropped 3.59%, Zhongtong Logistics declined 1.00%, KE Holdings fell 2.45%, Tencent Music decreased 0.05%, Bilibili declined 1.45%, BOSS Zhipin dropped 2.12%, Siliconware Precision Industries (SPIL) remained unchanged at 0.00%, Miniso declined 1.58%, Pony.ai fell 2.09%, Kingsoft Cloud decreased 1.22%, Hesai Technology fell 0.25%, Joyy dropped 3.18%, and Wuxi Chip Technology declined 4.26%.
On Thursday, U.S. stocks recorded a second consecutive day of decline. However, driven by falling oil prices, major indices moved away from their intraday lows. Wall Street continues to monitor the latest developments in the Iran conflict.
The Dow Jones Industrial Average fell 203.20 points, or 0.44%, to 46,021.95; the Nasdaq declined 61.73 points, or 0.28%, to 22,090.69; and the S&P 500 decreased 18.21 points, or 0.27%, to 6,606.49.
Top gaining Chinese concept stocks:
Top losing Chinese concept stocks:
(Screenshots from Sina Finance APP Market - U.S. Stocks - Popular Chinese Concept Stock Sectors) Download Sina Finance APP
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Editor: Zhang Jun SF065