
News
The Nasdaq Golden Dragon China Index initially rose by 1.7%, with a cumulative decline of about 5.2% this week.
Popular Chinese concept stocks XPeng initially rose by 11.4%, NIO rose by 6.7%, NetEase and Baidu rose over 5%, Xiaomi ADR, Bilibili, and Li Auto rose over 4%, Alibaba rose by 3.3%, Tencent ADR rose by 2.4%, Pinduoduo rose by 2.2%, while Pony.ai fell by 8.6%.
Chinese concept ETFs YINN rose by 12.5%, CQQQ rose by 4.56%, and KWEB rose by 3%