Shares of Daqo New Energy Corp. (DQ), a leading polysilicon manufacturer, soared 11.31% in Monday's trading session, outperforming the broader market and even surpassing earlier estimates. The significant uptick comes as Asian equities traded as American Depositary Receipts (ADRs) in the US market showed robust performance, with the S&P Asia 50 ADR Index surging 3.41%.

Daqo New Energy emerged as one of the top gainers among North Asian stocks, with its impressive rally exceeding initial reports of an 8.3% advance. The company's stock benefited from the overall positive sentiment surrounding Asian technology and energy stocks trading in the US market. Other notable gainers in the sector included education company 17 Education & Technology Group and computer hardware maker Canaan, which climbed 15% and 10%, respectively.

Adding to the positive momentum, Daqo New Energy announced that it will release its third quarter 2025 financial results on October 27, 2025, before US markets open. This upcoming earnings report appears to 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. The anticipation of these financial results may have prompted investors to position themselves ahead of the earnings release, further driving the stock's strong performance.