<p>The NASDAQ Golden Dragon China Index initially closed down 2.4%.
Among popular Chinese concept stocks, Advanced Semiconductor Engineering fell 4.5%, Pony AI and XPeng dropped over 4%, while Tencent, Meituan, NIO Inc., Baidu, and NetEase all declined more than 3%.
In terms of ETFs, KWEB fell 2.8%, CQQQ dropped 1.6%, and EMXC decreased by 1.5%.</p>

TCTZF

TCEHY

<p>The NASDAQ Golden Dragon China Index initially closed down 2.4%. Popular Chinese concept stocks generally declined, with Advanced Semiconductor Engineering falling 4.5%, Pony AI and XPeng dropping over 4%, and Tencent, Meituan, NIO Inc., Baidu, and NetEase all declining more than 3%. Among related ETFs, KWEB fell 2.8%, CQQQ dropped 1.6%, and EMXC decreased by 1.5%</p>

Wallstreetcn

Tencent Holdings Limited

Tencent

NIO Inc. USD OV

PONY-W

NASDAQ Golden Dragon China Index

Meituan

MEITUAN

XPENG-W

XPeng

Advanced Semiconductor Engineering

NTES-S

BIDU-SW

NIO Inc

Baidu

Pony AI

NIO-SW

TENCENT

iShares MSCI EM Ex-China

Krne Csi China Internet

Invesco China Tech

Direxion CSI China Internet Index Bull 2X

Kraneshares China Internet & Covered Call Strategy ETF

Tradr 2X Long PONY Daily ETF

NetEase

TENCENT-R

Tencent HK SDR 10to1

MEITUAN-WR

Meituan HK SDR 5to1

BIDU-SWR

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