The Nasdaq Golden Dragon China Index initially closed down about 1.7%. 
Popular Chinese concept stocks Nio and XPeng initially closed down 6.8%, Fangdd Network fell 6.1%, Li Auto, Baidu, and Bilibili fell over 4%, JD.com fell 3.3%, while NetEase rose 0.4%, Pinduoduo rose 0.9%, Alibaba rose 1.2%, and New Oriental rose 9.1%. 
The Chinese concept ETF YINN fell 2.7%, KWEB, China Dragon DRAG, and CHAU fell over 1%, and CQQQ fell 0.8%

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The Nasdaq Golden Dragon China Index initially closed down about 1.7%. Among popular Chinese concept stocks, Nio and XPeng initially closed down 6.8%, Fangdd Network fell 6.1%, Li Auto, Baidu, and Bilibili fell over 4%, and JD.com fell 3.3%. NetEase rose 0.4%, Pinduoduo rose 0.9%, Alibaba rose 1.2%, and New Oriental rose 9.1%. The Chinese concept ETF YINN fell 2.7%, KWEB, China Dragon DRAG, and CHAU fell over 1%, and CQQQ fell 0.8%

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