Chinese-listed stocks in the U.S. rallied broadly on Wednesday, with the NASDAQ Golden Dragon China Index climbing more than 2.6%.
Kingsoft Cloud Holdings Ltd led the gains in early trading, soaring over 11%. Alibaba also saw a strong performance, rising nearly 10%, while Baidu advanced 5%. E-commerce and tech giants JD.com and NetEase both gained more than 3%, and PDD Holdings Inc, Bilibili Inc. each climbed over 2%.