March 2, 2015 (Chinavestor) The NASDAQ Composite Index closed above 5,000 for the first time since May of 2000. I'm sure there are investors who want to know what Chinese stocks moved the market, if any... Bad news is that neither Alibaba (NYSE:BABA) nor Baidu.com (NASDAQ:BIDU) did anything remarkable. BABA actually fell while BIDU advanced a mere $1.29 or 0.63% on Monday.
Instead, smaller Chinese NASDAQ names advanced such as CNinsure (NASDAQ:CISG) and Momo Inc. (NASDAQ:MOMO). Among all larger Chinese listings, 500.com Ltd. (NYSE:WBAI) rose the most. See chart below for details.