Shares of Daqo New Energy Corp. (DQ), a leading polysilicon manufacturer, are soaring 9.48% in intraday trading on Monday. The significant uptick comes as Asian equities traded as American Depositary Receipts (ADRs) in the US market show strong performance, with the S&P Asia 50 ADR Index surging 3.41%.

Daqo New Energy is among the top gainers in the North Asian segment, with earlier reports indicating an 8.3% advance. The company's stock is benefiting from the overall positive sentiment surrounding Asian technology and energy stocks trading in the US market. Other notable gainers in the sector include education company 17 Education & Technology Group and computer hardware maker Canaan.

Adding to the positive momentum, Daqo New Energy has announced that it will release its third quarter 2025 financial results on October 27, 2025, before US markets open. The upcoming earnings report may be fueling investor optimism and contributing to the stock's impressive rise. The company has scheduled a conference call to discuss the results on the same day, indicating its readiness to provide insights into its financial performance and future outlook.