<p>The NASDAQ Golden Dragon China Index initially closed down 1%.
Among popular Chinese stocks, Vnet initially closed down 16.8%, Baidu fell 12.5%, ASE Technology Holding dropped 9.1%, GDS Holdings fell 5.1%, XPeng declined 3.6%, Li Auto dropped 2.3%, Tencent fell 0.8%, PDD Holdings rose 0.4%, New Oriental EDU &amp; Tech gained 2.3%, Alibaba rose 2.9%, Youdao increased 5.8%, and Wetour surged 38.9%.
Among ETFs, CQQQ fell 2.5%, and KWEB dropped 0.4%.</p>

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WETO

<p>The NASDAQ Golden Dragon China Index initially closed down 1%. Performance among popular Chinese stocks was mixed, with Vnet and Baidu leading the declines, dropping 16.8% and 12.5% respectively; Wetour surged 38.9%, and Youdao rose 5.8%. Alibaba and New Oriental EDU & Tech saw slight gains. Related ETFs such as CQQQ fell 2.5%, and KWEB dropped 0.4%</p>

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Baidu

Youdao

Wetour Robotics

Vnet

New Oriental EDU & Tech

Alibaba

KraneShares 2x Long BABA Daily ETF

NASDAQ Golden Dragon China Index

Invesco China Tech

Krne Csi China Internet

YieldMax BABA Option Income Strategy ETF

Direxion Daily BABA Bull 2X ETF

Roundhill BABA WeeklyPay ETF

BABA 2X Long ETF

Graniteshares YieldBOOST Baba ETF

Direxion CSI China Internet Index Bull 2X

Kraneshares China Internet & Covered Call Strategy ETF

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