
News
The Nasdaq Golden Dragon China Index initially fell by 1.1%.
Popular Chinese concept stocks such as Bilibili fell over 3%, while NetEase, Nio, XPeng, Baidu, and JD.com dropped at least about 2%. Li Auto, New Oriental, Yum China, and Pinduoduo fell by up to about 0.7%.
Chinese concept ETFs YINN fell by 1.5%, KWEB fell by 1.1%, and CQQQ fell by 0.3%