The Nasdaq Golden Dragon China Index initially fell by 0.9%. 
Popular Chinese concept stocks Fangdd Network initially fell by 7.6%, Pony AI fell by 7.3%, Li Auto fell by 3%, Bilibili fell by 2.1%, Alibaba fell by 1.77%, New Oriental EDU &amp; Tech fell by 1.4%, Tencent and Pinduoduo fell by 0.8%, and Xiaomi ADR fell by 0.3%. 
Chinese concept ETFs YINN fell by 2.2%, CQQQ fell by about 2%, and KWEB fell by 1.3%

PONY

TCEHY

TCTZF

00700

09901

BABA

09988

The Nasdaq Golden Dragon China Index preliminarily closed down 0.9%. Popular Chinese concept stocks generally fell, with Fangdd Network down 7.6%, Pony AI down 7.3%, Li Auto down 3%, Bilibili down 2.1%, Alibaba down 1.77%, New Oriental EDU & Tech down 1.4%, Tencent and Pinduoduo down 0.8%, and Xiaomi ADR down 0.3%. The Chinese concept ETF YINN fell 2.2%, CQQQ dropped about 2%, and KWEB decreased by 1.3%

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