On Tuesday, the Nasdaq Golden Dragon China Index gained 1.4%, with popular Chinese concept stocks rising collectively. Big Tree Cloud Holdings Ltd (DSY.US) skyrocketed 200%, Kingsoft Cloud (KC.US) surged 15%, Bilibili (BILI.US) climbed over 7%, Weibo (WB.US) advanced over 6%, and Alibaba (BABA.US) rose over 3%. Additionally, the Hang Seng Index gained over 1% during the session, briefly breaking through the 26,000-point level.

On the news front, Neuberger Berman emphasized in its August market outlook that Chinese assets remain globally underallocated in the medium term, while new growth drivers continue to emerge across high-end manufacturing, digital economy, and green transformation sectors. Policymakers continue to roll out supportive measures for high-quality capital market development, combined with accommodative liquidity conditions, making A-shares increasingly attractive to foreign and long-term capital.