Prime Medicine, MINISO Group, Li Auto, Weibo And Other Big Stocks Moving Higher On Monday

U.S. stocks were slightly lower, with the Dow Jones index falling around 0.1% on Monday.

Shares of Prime Medicine, Inc. PRME rose sharply during Monday's session after the company announced a strategic research collaboration and license agreement with Bristol Myers Squibb to develop reagents for the next generation of ex vivo T-cell therapies. Also, it announced that it is focusing its pipeline on a set of high value programs.

Prime Medicine shares jumped 39.6% to $4.8317 on Monday.

Here are some other big stocks recording gains in today's session.

• Uxin Limited UXIN gained 28% to $6.68.
• UP Fintech Holding Limited TIGR gained 26% to $5.80.
• Capricor Therapeutics, Inc. CAPR shares jumped 25% to $12.43.
• LexinFintech Holdings Ltd. LX rose 20% to $2.8750.
• Futu Holdings Limited FUTU gained 18% to $101.15.
• iQIYI, Inc. IQ gained 14% to $3.2250.
• NIO Inc. NIO rose 13.8% to $7.42 after investors agreed to invest an aggregate of 3.3 billion yuan in its Nio China subsidiary while the company agreed to invest 10 billion yuan.
• ZEEKR Intelligent Technology Holding Limited ZK gained 12.4% to $23.71. Shares of US-listed Chinese companies traded higher on continued strength amid stimulus efforts. September PMI data beat estimates but factory activity fell, which may raise stimulus hopes.
• MINISO Group Holding Limited MNSO climbed 9.5% to $18.76. Shares of US-listed Chinese companies traded higher on continued strength amid stimulus efforts. September PMI data beat estimates but factory activity fell, which may raise stimulus hopes.
• RLX Technology Inc. RLX gained 8.6% to $1.8250.
• New Oriental Education & Technology Group Inc. EDU gained 7.8% to $79.24.
• Li Auto Inc. LI gained 7.4% to $27.69. Shares of US-listed Chinese companies traded higher on continued strength amid stimulus efforts. September PMI data beat estimates but factory activity fell, which may raise stimulus hopes.
• Structure Therapeutics Inc. GPCR gained 6.5% to $44.45.
• Weibo Corporation WB gained 6.2% to $10.52.

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