On May 2nd, popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.22%. Luckin Coffee rose over 4%, Bawang Tea Lady rose over 3%, Jinshan Cloud and Wanguo Data rose over 2%, Futu Holdings, Beike and others rose over 1%, while Alibaba, JD.com, Ctrip, Ideal Auto and others rose slightly; Qifu Technology fell more than 1%, while Tencent Music, Manbang, Vipshop, and others experienced slight declines.
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