
News
The Nasdaq Golden Dragon China Index initially closed down 0.2%.
Popular Chinese concept stocks XPeng and JD.com initially closed up over 3%, while NetEase and Bilibili fell over 1%, Li Auto dropped over 3%, Pony.ai and Nio fell 6.9%.
Chinese concept ETFs YINN rose 2.1%, DRAG rose 1.3%, KWEB fell 0.1%, and CQQQ fell 1.4%