The Nasdaq Golden Dragon China Index initially rose by 0.5%. 
Popular Chinese concept stocks Pinduoduo and NetEase rose over 3%, Yum China, Li Auto, Nio, XPeng, and Tencent rose at least 1%, Alibaba and JD.com rose 0.4%, while Baidu and Bilibili fell by up to 0.6%. Xiaomi Group ADR fell by 5.6%, and Pony.ai fell by 11%. 
Chinese concept ETFs YANG rose by 0.7%, KWEB rose by 0.4%, and CQQQ rose by 0.2%

YUMC

09987

XPEV

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The Nasdaq Golden Dragon China Index preliminarily rose by 0.5%. Popular Chinese concept stocks Pinduoduo and NetEase rose over 3%, while Yum China, Li Auto, Nio, XPeng, and Tencent rose at least 1%. Alibaba and JD.com rose by 0.4%, while Baidu and Bilibili fell by up to 0.6%. Xiaomi Group ADR fell by 5.6%, and Pony.ai fell by 11%. Chinese concept ETFs YANG rose by 0.7%, KWEB rose by 0.4%, and CQQQ rose by 0.2%