According to Futu News on September 28, the three major indexes of US stocks are all up more than 1% today, the Dow is up 1.37%, the S & P 500 is up 1.21%, and the NASDAQ is up 1.14%.

Hot Chinese stocks generally rose, Weibo Corp rose 6.59%, second-quarter revenue and net profit were better than market expectations.

XPeng Inc. rose 6.25% to 4 billion financing to build a factory in Guangzhou, and was given a "buy" rating by Xiaomo, with a target price of $27.

Sina rose more than 5% and agreed to be privatized by NEW WAVE at $43.30 a share.

KE Holdings Inc. rose by more than 5% and Trip.com by more than 3%.

BABA rose more than 2%. At BABA's global investor conference, Jiang Fan, president of Taobao Tmall, revealed that BABA's annual active consumers in China's retail market has reached 742 million, and the number of mobile monthly active users has increased by 119 million. 70% of the new users come from the sinking market, and it is expected that there is still a lot of room for growth in the next two to three years.

NIO Inc. rose 2.1% to sign a US $600 million agreement to subscribe for new registered capital of NIO Inc. (Anhui) Holdings Co., Ltd.

NetEase, Inc and Vipshop Holdings Limited performed poorly. NetEase, Inc fell by more than 2% and Vipshop Holdings Limited by more than 4%. Morgan Stanley downgraded Vipshop Holdings Limited's ADR rating to low, with a target price of $13.