Nasdaq Golden Dragon China Index Closes Up 0.9% on July 20, Alibaba Surges 4.7%

BABA-1.48%
TENCENT-0.79%
BIDU-1.18%
PDD-1.46%
The Nasdaq Golden Dragon China Index (NQQHK-equivalent representation of top Chinese tech stocks) rose 0.9% on July 20. Among leading Chinese tech stocks, Alibaba gained 4.7%, Tencent advanced 3.6%, Baidu climbed 2.4%, Pinduoduo increased 2.3%, and NetEase rose 2.2%. XPeng Motors fell 2.6% and MediaTek subsidiary Unimicron Technology dropped 3.7%.
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