The Nasdaq Golden Dragon China Index initially closed down 8.9%. 
Popular Chinese concept stocks: NetEase initially closed down 5.7%, New Oriental down 6.5%, Li Auto down 6.9%, Tencent ADR down 7%, Pony.ai down 7%, NIO down 7.6%, Xiaomi ADR down 7.7%, XPeng down 8.2%, Baidu down 8.3%, Pinduoduo down 8.4%, Alibaba down 9.8%, Bilibili down 13.7%. 
Chinese concept ETFs: KWEB down 9.3%, CQQQ down 7.7%, YANG up 21.1%

XPEV

09868

09901

BIDU

09888

09866

The Nasdaq Golden Dragon China Index preliminarily closed down 8.9%. Popular Chinese concept stocks generally fell, with NetEase down 5.7%, New Oriental down 6.5%, Li Auto down 6.9%, Tencent ADR down 7%, Pony.ai down 7%, NIO down 7.6%, Xiaomi ADR down 7.7%, XPeng down 8.2%, Baidu down 8.3%, Pinduoduo down 8.4%, Alibaba down 9.8%, and Bilibili down 13.7%. The Chinese concept ETF KWEB fell 9.3%, CQQQ fell 7.7%, while YANG rose 21.1%

News