Hot Chinese stocks were mixed on Wednesday, with the Nasdaq China Golden Dragon Index (HXC) closing down 0.Familyfeudcanada.71%.
Among the rising stocks (in descending order of market capitalization), TSMC rose 1.77%, pinduoduo 1.10%, Ctrip 1.17%, Chunghwa Telecom 0.60%, Sun Moon Semiconductor 0.48%, United Power 0.63%, Baiji China 2.27%, New Oriental 0.80%, VIPSHOP 1.76%, famous quality products 1.76%, and Auto Home 5.35%.
Among the declining stocks (in descending order of market capitalization), Alibaba fell 1.13%, NetEase 0.29%, JD.com 0.56%, Baidu 0.86%, ideal car 4.25%, Tencent Music 0.64%, Shell 1.73%, Zhongtong 0.68%, Huazhu Hotel Group 0.70%, Weilai 5.28%, Futu Holdings 2.88%, Manbang 1.38%. BOSS direct employment fell 0.55%, Xiaopeng Motor fell 6.35%. Focus WSP Holdings fell 2.20%, bilibili fell 1.51%, iqiyi fell 2.19%, lufax Holdings fell 5.36%, Huirong Technology fell 0.66%, and Yaduo Group fell 2.53%.
U. S. stocks closed mixed on Wednesday, with the Dow closing higher for the sixth day in a row, the Nasdaq down slightly, and the S & P 500 basically flat. The market continues to pay attention to the results and the prospect of interest rate cuts by the Federal Reserve. Several Fed officials spoke, and the Boston Fed president hinted that high interest rates would be needed for longer to dampen demand and lower inflation.
The Dow closed up 172.13 points, or 0.44%, at 39056.39; the Nasdaq fell 29.80 points, or 0.18%, to 16302.76; and the S & P 500 fell 0.03 points to 5187.67.
Lead the list of Chinese stocksFamilyfeudcanada:
List of Chinese stocks leading the decline: