
News
The NASDAQ Golden Dragon China Index initially closed down 0.9%, showing a V-shaped trend after gapping down. Among popular Chinese concept stocks, Daqo New Energy initially closed down 5.6%, Bilibili down 4%, Kingsoft Cloud down 3.5%, Alibaba down 2.9%, Baidu, Trip.com, Boss Zhipin, and Beike down over 2%, Nio up 0.8%, Pony.ai up 2%, Huazhu up 2.2%, New Oriental up 2.3%, Li Auto up 2.7%, Canadian Solar up 4.1%, and XPeng up 4.3%. In ETFs, KWEB down 1.8%, CQQQ down 1.2%, ASHR up 0.5%, ASHS up 1.9%

