
News
The NASDAQ Golden Dragon China Index initially closed down 1.7%, with a cumulative decline of about 5.8% in February. Among popular Chinese concept stocks, Nio initially closed down 4%, Alibaba fell 2.6%, New Oriental, Li Auto, JD.com, WeRide, Pinduoduo, XPeng, Xiaomi, and others fell over 1%. Daqo New Energy rose 0.6%, and Kingsoft Cloud rose 7%

