Us-listed Chinese stocks posted their best monthly performance since the beginning of 2019. At a time when US stocks are stumbling over fears of a recession, investors in pursuit of high returns have poured into the US-listed market. The Nasdaq Golden Dragon China index rose 16 per cent in June for the first time since February 2021, following a 2.6 per cent rise in May. New Oriental Education & Technology Group was the top gainer, with a cumulative increase of 56 per cent, while both Li Auto Inc. and XPeng Inc. rose more than 30 per cent. BABA rose 18%.