On October 27, most popular Chinese concept stocks rose;贝壳上涨 over 3%, Futu rose over 2%, and Pinduoduo fell over 1%.
The Block
1h ago
Ai Focus
On October 27th, most of the popular Chinese concept stocks rose, with the NASDAQ China Golden Dragon Index closing up 0.63%. Beike, Futu, Yaduo Group, and HSAI led the gains, while Pinduoduo, iQiyi, and Weiniu saw declines. U.S. stocks generally moved higher on Monday, and market enthusiasm for artificial intelligence trading, driven by Anthropic submitting IPO documents, increased, leading to rises in chip stocks and other AI related stocks.
Helpful
No.Help

On October 27th, most of the popular Chinese concept stocks rose in value, with the NASDAQ China Golden Dragon Index ( HXC ) closing up 0.63%.

Upward-moving stocks (in descending order of market value): TSMC rose 1.40%, Alibaba rose 0.61%, UMC Semiconductor rose 3.15%, United Microelectronics rose 1.54%, Baidu rose 0.84%, Ctrip rose 0.33%, Beike rose 3.10%, Zhongtong rose 0.65%, Huazhu Hotel Group rose 2.42%, Futu Holdings rose 2.17%, Manbang rose 0.72, BOSS Zhipin rose 1.22%, Huirong Technology rose 0.96, Vipshop rose 0.72, WSP Holdings rose 0.59%, WanGuo Data rose 2.54, Yaduo Group rose 3.62, Kingsoft Cloud rose 2.18, Autohome rose 0.20, NetEase Youdao rose 0.47, HSAI rose 4.27, Dajian Yuncang rose 1.99, Mistech rose 2.48%.

Declining stocks (in descending order of market value): Pinduoduo fell 1.15%, NetEase fell 0.24%, China Telecom fell 0.76%, JD.com fell 0.47%, Tencent Music fell 0.35%, Li Auto fell 0.35%, New Oriental fell 0.05%, Xpeng Motors fell 0.98%, NIO fell 0.91%, Bilibili fell 1.04%, China New Town Rural fell 3.94%, Huanyu fell 0.43, Mingchuang Youpin fell 0.60%, Weiniu fell 3.19, Pony.ai fell 1.75%, Zhongyang Finance fell 0.26, Tuocha Intelligence fell 0.61%, iQiyi fell 4.80%.

U.S. stocks rose on Monday. Previously, Anthropic submitted the IPO document, which reignited market enthusiasm for artificial intelligence trading, and semiconductor manufacturers' stock prices soared as a result. The Dow Jones Industrial Average rose by 146.36 points, an increase of 0.28%. The S&P 500 Index rose by 0.7%, and the Nasdaq Composite Index rose by 0.82%.

After Anthropic publicly submitted the application for IPO, chip stocks and other AI-related stocks rose. Investors are betting that this issuance will inject new vitality into the weak tech sector. The AI company, which develops Claude, reported revenue of $16.29 billion for the six months ending June, a 1304% increase from $1.16 billion in the same period last year. The company plans to list on NASDAQ, with the stock code " ANT ".

Tip
$0
Like
0
Save
0
Views 42
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
BlackBerry Reshaping Business: CEO Sees Great Opportunities Brought by AI Driven Robots
BlackBerry CEO John Giamatteo indicates that the robots driven by AI are becoming a new important growth point for the company. The company's QNX operating system has been embedded in over 275 million vehicles worldwide, and BlackBerry is also expanding its business into the physical AI sector, stating that the backlog of QNX franchise fees has exceeded $1.2 billion.
CNBC
·2026-10-27 06:58:03
24
Jim Cramer warns: This overlooked risk could threaten the market's upward trend
CNBC Host Jim Cramer warned on Monday that a large-scale IPO and fundraising boom could threaten the bull market. He stated that the submission of Anthropic's IPO prospectus is just the beginning, and if more companies raise funds through equity and debt markets, it could draw away investors' money and put pressure on the broader market.
CNBC
·2026-10-27 06:58:02
23
BNC stock price rises by 14%, BNB reserve transformation drives NASDAQ to change its name
CEA has been renamed BNB Standard Corporation, marking a shift in its financial focus towards the reserve operations of BNB while maintaining its original agricultural business. The company currently holds 515,544 units of BNB, making it the world's largest holder of corporate BNB reserves; as of press time, BNC has risen by 14.49% in the past 5 days, and BNB is trading at $740.22.
Coinpedia
·2026-10-27 06:48:54
30
Canadian stablecoin draft limits redemption fee to 1% and prohibits payment of yields
On October 24th, Canada announced draft regulations for stablecoins, proposing that issuers maintain a one-to-one reserve with Canadian custodian institutions, allow redemptions within three days at a fee not exceeding 1%, and prohibit the payment of interest or returns to token holders.
Decrypt
·2026-10-27 06:38:38
28
OpenAI Launches GPT-6.1 and Terra: Mid-range AI models with halved prices
OpenAI released on Monday GPT-6.1 Terra, stating that its standard API price is 50% lower than GPT-5.6 Terra. During internal testing, it improved the speed and accuracy of computer task processing. This model is now available to users in ChatGPT Work and Codex who are Plus, Pro, Enterprise, and Edu. Developers can invoke it through gpt-6.1-terra.
Decrypt
·2026-10-27 06:38:36
30
View More