The China Concept Index fell by 1.5%, KWEB and YINN fell by more than 1%, and Li Auto and Alibaba fell by more than 1%

Wallstreetcn
2025.01.31 15:01

The Nasdaq Golden Dragon China Index's decline has widened to 1.5%, giving back some gains after rising over 4% on Thursday.

The China concept ETF KWEB fell 1.3% in early U.S. trading, YINN dropped 1.2%, and CQQQ decreased by 0.6%.

Popular Chinese concept stocks such as Fangduoduo, JD.com, Bilibili, Alibaba, Pinduoduo, Yum China, and Li Auto all fell by at least 1%, while NetEase, Baidu, Tencent Holdings, New Oriental, and XPeng dropped by more than 0.8%, with Nio remaining flat

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