The Nasdaq Golden Dragon China Index preliminarily closed up 5.1%. 
Popular Chinese concept stocks: Xiaomi ADR preliminarily closed up 2.3%, NetEase down 1.4%, JD down 2.6%, Tencent ADR down 3.3%, Baidu down 4%, Bilibili down 5.5%, Pinduoduo down 6.1%, Alibaba down 6.3%, Nio down 7.6%, XPeng down 8%, Li Auto down 9.2%, Pony.ai down 11.5%. 
Chinese concept ETFs KWEB down 3.9%, CQQQ down 3.4%, while YANG rose 4.9%

The Nasdaq Golden Dragon China Index preliminarily rose by 5.1%. The performance of popular Chinese concept stocks was mixed, with Xiaomi ADR rising by 2.3%, while NetEase, JD, Tencent ADR, Baidu, Bilibili, Pinduoduo, Alibaba, Nio, XPeng, Li Auto, and Pony.ai all experienced varying degrees of decline, with the largest drop reaching 11.5%. The Chinese concept ETFs KWEB and CQQQ fell by 3.9% and 3.4%, respectively, while YANG rose by 4.9%

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