The China Concept Index fell more than 1.6%, Bilibili fell more than 8%, Baidu fell more than 7%, while Alibaba and Pinduoduo still rose more than 2%

Wallstreetcn
2025.02.18 14:55

The Nasdaq Golden Dragon China Index fell over 1.6%, hitting a daily low. Popular Chinese concept stocks such as Kingsoft Cloud fell 8.15%, Bilibili is currently down 8.1%, Fangdd fell 7.7%, Baidu fell 7.1%, JD.com fell 5.3%, New Oriental fell 2.6%, Yum China, Li Auto, and NetEase rose at most 0.46%, Pinduoduo rose 2.2%, Alibaba rose 2.3%, Tencent Holdings and XPeng rose 4.6%, NetEase Youdao rose over 7%, DaShu Cloud rose over 9.9%, and ZaiDing Medicine rose 12.7%

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