STOCKS | Chinese ADRs Mixed on September 4 as Hesai Gains Over 11% and Trip.com Falls 5%

Chinese ADRs were mixed on September 4, with the Nasdaq Golden Dragon China Index (HXC) closing down 0.81%. According to Sina Finance, among the gainers by market value, TSMC rose 0.36%, Alibaba was unchanged, ASE Technology rose 0.94%, Chunghwa Telecom rose 0.64%, Baidu rose 1.31%, Futu Holdings rose 3.33%, Li Auto rose 0.42%, XPeng rose 0.54%, Bilibili rose 0.32%, GDS Holdings rose 0.99%, Vipshop rose 0.46%, Webull rose 11.11%, JOYY rose 0.04%, Kingsoft Cloud rose 2.24%, Pony AI rose 2.56%, MINISO rose 0.52%, Hesai Technology rose 11.27%, Himax Technologies rose 0.48%, Nan Ya Technology rose 0.41%, WeRide rose 2.08%, and NetEase Youdao rose 4.77%. Among the decliners by market value, PDD Holdings fell 0.75%, NetEase fell 1.63%, United Microelectronics fell 0.55%, JD.com fell 0.32%, Trip.com fell 5.11%, KE Holdings fell 0.17%, ZTO Express fell 0.24%, Huazhu Group fell 0.86%, Tencent Music fell 2.26%, New Oriental fell 1.57%, Full Truck Alliance fell 0.58%, Silergy fell 2.81%, Kanzhun fell 2.66%, WSP Holdings fell 0.41%, Atour Lifestyle fell 1.23%, Autohome fell 1.73%, and Smoore International fell 3.26%.