News
The Nasdaq Golden Dragon China Index preliminarily closed down about 1.5%. Popular Chinese concept stocks Bilibili fell 5.4%, New Oriental fell 4%, ZEEKR and Yum China fell at least 3.5%, Baidu, XPeng, NetEase, and JD fell at least 1.2%, while Li Auto and Alibaba rose 0.1%, Nio rose 4%, and Fangdd Network rose 6.8%. Among ETFs, CHAU and YINN fell over 5%, ASHS, ASHR, and CQQQ fell at least 2.6%, KWEB, FXI, and MCHI fell at least 1.7%, while YANG rose 5%