
News
The Nasdaq Golden Dragon China Index closed down less than 0.1% preliminarily.
Popular Chinese concept stocks such as Xiaomi Group ADR closed down 4.9% preliminarily, Pony.ai fell 4%, Pinduoduo and Alibaba fell 2%, Nio fell over 1%, Tencent ADR, JD.com, and Li Auto fell at least about 0.4%. YUM China and XPeng rose at most about 0.9%, New Oriental rose 1.5%, and Bilibili rose 1.6%.
Atour rose 2.9%, Canadian Solar rose 3.3%, Qifu Technology rose 3.5%, GDS Holdings rose 4.3%, Kingsoft Cloud rose 4.7%, and DaShu Cloud rose 25.6%.
Chinese concept ETF DRAG fell 1.8%, YINN fell 1.4%, KWEB fell 0.2%, while CQQQ rose 0.3%