On Wednesday, the Nasdaq Golden Dragon China Index climbed 2.76%, with popular US-listed Chinese stocks seeing widespread gains.
Alibaba (BABA) shares rose more than 10%, while Kingsoft Cloud Holdings Ltd (KC) advanced 10%.
VNET Group (VNET) gained more than 5%, and Baidu (BIDU) increased nearly 5%.
JD.com (JD) shares were up 4%, with iQiyi Inc. (IQ) and New Oriental Education & Technology (EDU) both climbing more than 3%.