---
title: "The China Concept Index gave back more than 1% of its gains and turned to a decline of 1%, with New Oriental dropping over 20%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225714001.md"
description: "The Nasdaq Golden Dragon China Index's decline widened to 1%, while U.S. stocks initially rose over 1.1%. Popular Chinese concept stocks saw New Oriental drop 24%, Nio down 3.2%, Bilibili down 2.6%, Pinduoduo down over 1%, Li Auto up 3.7%, and XPeng up 4.6%"
datetime: "2025-01-21T15:12:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225714001.md)
  - [en](https://longbridge.com/en/news/225714001.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225714001.md)
generator: "portal-rs"
---

# The China Concept Index gave back more than 1% of its gains and turned to a decline of 1%, with New Oriental dropping over 20%

The Nasdaq Golden Dragon China Index's decline widened to 1%, while U.S. stocks initially rose over 1.1%. Popular Chinese concept stocks saw New Oriental drop 24%, Nio down 3.2%, Bilibili down 2.6%, Pinduoduo down over 1%, Li Auto up 3.7%, and XPeng up 4.6%

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**