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The Nasdaq Golden Dragon China Index fell by 2%, with Chinese concept stocks Pony AI down 6.7%, WeRide down 6.1%, XPeng down 6.1%, and Nio, Alibaba, Baidu, and Li Auto down over 4%

The Nasdaq Golden Dragon China Index fell by 2%, with Chinese concept stocks Pony AI down 6.7%, WeRide down 6.1%, XPeng down 6.1%, and Nio, Alibaba, Baidu, and Li Auto down over 4%