On Wednesday, the Nasdaq Golden Dragon Index rose 0.7%, with popular Chinese stocks broadly advancing. Dingdong (Cayman) Limited (DDL.US) surged over 16%, while Pony.ai (PONY.US) gained more than 4%. Baidu (BIDU.US) climbed 3%, and Ctrip (TCOM.US) as well as Sohu (SOHU.US) rose over 2%.