Chinese Assets are experiencing a broad surge! Why have they frequently shown independent trends recently?

U.S. stock market close | The three major indices fell together, with the Dow Jones down more than 1%; Chinese concept stocks bucked the trend, with NIO rising over 17%, Xiaopeng nearly 15%, and Hesai surging over 50%.

U.S. stock market night session: Growth Tech stocks rose broadly, with Tesla up nearly 2%.

Top 20 by transaction volume | Cryptos Concept stocks rebounded, Strategy rose nearly 9%, Coinbase rose nearly 7%.

Hesai's stock surged over 50%! The company is reportedly set to supply Lidar Sensors to Mercedes.