
News
The Nasdaq Golden Dragon China Index preliminarily closed down 2.6%.
Popular Chinese concept stocks Pony AI fell 10%, XPeng and JD.com fell over 5%, Alibaba and Xiaomi ADR fell over 4%, Bilibili, Li Auto, Nio, New Oriental, and Baidu all fell at least over 2%, Tencent ADR, Pinduoduo, and Yum China fell over 1%.
Chinese concept ETF YANG rose 6.6%, CQQQ fell 2.1%, KWEB fell 2.8%