Changes in US stocks | Popular Chinese securities rose strongly, Baidu (BIDU.US) surged more than 12%

The Zhitong Finance App learned that on Friday, the Nasdaq China Golden Dragon Index increased to 4%, with popular Chinese securities rising strongly. Baidu (BIDU.US) surged more than 12%, GDS.US (GDS.US) rose more than 8%, NetEase (NTES.US) rose more than 6%, BILI.US (BILI.US) rose nearly 6%, and Alibaba (BABA.US) rose more than 4%. Furthermore, Hong Kong stocks got off to a good start in 2026, with the Hang Seng Index rising by 2.76% and the Hang Seng Technology Index surging 4% during the day.

According to the news, on the morning of January 2, the RMB maintained its recent strong trend. The offshore RMB rose above 6.97 against the US dollar, reaching a high of 6.96755, a new high since May 2023, which is conducive to attracting the return of capital and beneficial to Chinese assets.