
News
The Nasdaq Golden Dragon China Index preliminarily closed down 0.6%. Among popular Chinese concept stocks, NetEase, Bilibili, and Pony AI preliminarily closed down over 2%, while YUM China, Nio, Baidu, Pinduoduo, Li Auto, and TSMC fell over 1%. New Oriental and Alibaba, on the other hand, rose at least 1.5%. The Chinese concept ETFs YINN fell 1.5%, CQQQ fell 0.9%, and KWEB fell 0.8%