On Thursday, major Chinese stocks showed mixed performance. The Nasdaq Golden Dragon China Index (HXC) closed down by 0.42%. Among the gainers, Alibaba (BABA, Financial) rose by 2.02%, Pinduoduo increased by 1.45%, and NetEase was up by 1.36%. Other notable risers included Li Auto with a gain of 1.78%, and New Oriental Education which climbed by 1.43%.
On the losing side, JD.com (JD) fell by 1.77%, Ctrip declined by 1.26%, and Beike dropped by 1.83%. Xpeng Motors saw a decrease of 2.62%, and WeBull experienced a significant drop of 27.31%.
In the broader U.S. market, stocks closed with mixed results. The Dow Jones Industrial Average fell by 527.16 points or 1.33%, marking its third consecutive day of declines. The Nasdaq Composite decreased by 0.13%, while the S&P 500 Index slightly increased by 0.13%. The uncertainty surrounding tariffs continued to weigh on the indices. U.S. markets will be closed on Friday for Good Friday.
