The China Concept Index fell over 2%, Fangdd Network dropped about 9%, and XPeng fell over 5%

Wallstreetcn
2024.12.27 15:25

The Nasdaq Golden Dragon China Index fell over 2%.

Among Chinese concept stocks, ZEEKR fell over 10.3%, Fangdd Network fell 8.8%—the company received a notification from Nasdaq for not meeting the minimum bid price requirement, XPeng fell 5.2%, Nio fell over 4%, JD.com and Bilibili fell over 3%, New Oriental, Baidu, and Pinduoduo fell over 2%, Alibaba, NetEase, Tencent Holdings, and Yum China fell over 1%.

In ETFs, YINN fell over 4%, KWEB, CQQQ, DRAG, CHAU, MCHI, and FXI fell over 1%, while YANG is currently up 4.21%

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