Since last week, the performance of Chinese concept stocks has been more impressive than that of $S&P 500(.SPX)$ . Some Chinese stock assets continued to rise. $FTSE China Bull 3X Shares(YINN)$ $CSI China Internet ETF(KWEB)$ Monthly ChartBelow are top 10 Chinese ADRs list by July performances(20 Trading days): Inside which:$NIO Inc.(NIO)$ , $XPeng Inc.(XPEV)$ , $Futu Holdings Limited(FUTU)$ rise over 50%。$EHang Holdings Ltd(EH)$ , $Gaotu Techedu Inc.(GOTU

Chinese ADRs continued to be volatile for the past months. Until last week, we see many of these stocks start to pick up and rebound strongly, after the good stimulus news from the Chinese government.  Some hot counters Let's look into some popular Chinese hot ADRs. First and foremost, the famous BABA. It showed a strong breakout from its parallel uptrend tunnel, which may lead the stock to continue its bullish movement next week, therefore $Alibaba(BABA)$ . Nice breakout Next will be $Bilibili Inc.(BILI)$ , which also showed a double bottom pattern with a neckline breakout last Friday. The breakout was not firm yet as the closin

July 10th, $DiDi Global Inc.(DIDIY)$ released its first quarterly report (23Q1) after back to App store. In line with the previous Ant Group fine dicision $Alibaba(BABA)$ , it indicates that the regulation of the internet platform economy in the country has become more mature. More important than financial performance is the formation of regulatory standards, which signifies a reduction in regulatory risks. Therefore, although DiDi did not achieve profitability in 23Q1, the market still responded positively, with DIDIY's daily increase on the pink sheets exceeding 10%.Investment highlightsAfter two years of rectification, the platform's performance recovers and back to growth. By 23Q1, its revenue scale