The China Concept Index fell over 2%, Kingsoft Cloud dropped about 12%, Nio fell over 6%, while XPeng rose over 1%

Wallstreetcn
2025.09.26 14:37

The Nasdaq Golden Dragon China Index fell over 2.2%, refreshing the daily low to below 8,500 points.

Popular Chinese concept stocks: Kingsoft Cloud fell 11.7%, Daqo New Energy fell 8.2%, GDS fell 6.7%, Nio fell 6.6%, Bilibili fell 5.8%, Century Internet fell 4.7%, Li Auto fell 3.3%, Baidu fell 3.1%, Alibaba fell 2.8%; XPeng, Miniso, and ZTO Express rose by up to 1.79%.

In addition, Xiaomi Group ADR fell 7.13%, Ming Teng rose 5.3%, Diginex rose 9.09%, Thrive Capital rose 11.35%, Hang Feng rose 39.13%, and Tiancheng Technology rose 42.72%.

Among ETFs, YINN fell 4.1%, CQQQ fell 2.5%, and KWEB fell 2.2%