On Monday, the Nasdaq Golden Dragon China Index climbed more than 3%, with US-listed Chinese stocks broadly advancing. Zhihu (ZH.US) skyrocketed 22%, Kingsoft Cloud Holdings (KC.US) surged over 20%, and GDS Holdings (GDS.US) gained more than 9%. Tuya Smart (TUYA.US) rose nearly 9%, Alibaba (BABA.US) increased 8%, and 21Vianet Group (VNET.US) advanced more than 7%.
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