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Gelonghui March 7th｜Chinese concept stocks in the US stock market generally rose, with the Nasdaq Golden Dragon China Index expanding its gains to 1.3%. In terms of individual stocks, Shengda Technology rose nearly 15%, So-Young and JD.com rose over 6%, Qimengdao rose over 5%, GDS Holdings rose over 4%, ECARX, Gaotu, NetEase, and XPeng Motors rose over 3%, while iQIYI, ZTO Express, Li Auto, Kingsoft Cloud, and MINISO Group rose over 2%.

BlockBeats News, March 7 — CleanSpark, Cango, and BitFuFu disclosed their operational data, stating that the three companies collectively produced approximately 1,250 Bitcoin in February 2026, valued at about $86 million at current prices. Among them, CleanSpark produced 568 BTC in the month, the highest among the three companies, with peak hashrate around 50 EH/s, and sold 553 BTC, cashing out approximately $36.7 million; Cango produced 454.83 BTC in the month and held 3,313 BTC at the end of the period; BitFuFu produced 227 BTC in the month, of which 190 BTC came from cloud mining customers. At the same time, multiple mining companies are accelerating the expansion of their hashrate, power resources, and data center infrastructure into the AI and high-performance computing (HPC) sectors in search of more stable long-term revenue sources.

Because the fund prioritizes selling highly liquid public stocks when handling redemptions, the proportion of hard-to-liquidate SpaceX assets in the portfolio is passively increased. This phenomenon has once again sparked intense debate in the market about whether "daily liquidity" ETF products are suitable for holding non-listed assets. Industry experts point out that including assets that are difficult to trade and value in ETFs can intensify redemption pressure and valuation opacity risks for funds under extreme market conditions.