
News
The Nasdaq Golden Dragon China Index preliminarily closed down 5.2%.
Popular Chinese concept stocks such as Pony.ai preliminarily closed down 19.9%, Alibaba and Bilibili down 10%, Pinduoduo down over 8%, Tencent, JD.com, and New Oriental down over 7%, while YUM China rose 0.2%.
Chinese concept ETFs YINN fell about 10%, KWEB and DRAG fell over 6%, and CQQQ fell over 4%