---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265583023.md"
description: "The Nasdaq Golden Dragon China Index preliminarily closed down 1.4%. Among popular Chinese concept stocks, Daqo New Energy fell 10%, Tencent Music fell 8.4%, Century Internet fell 7.7%, GDS Holdings and Canadian Solar fell 4%, XPeng fell 3.2%, Nio fell 2.6%, Alibaba and Li Auto fell 1.8%. ZTO Express and KE rose over 1%. In terms of ETFs, CQQQ fell 0.8%, and KWEB fell 0.6%"
datetime: "2025-11-12T21:00:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265583023.md)
  - [en](https://longbridge.com/en/news/265583023.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265583023.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265583023.md) | [繁體中文](https://longbridge.com/zh-HK/news/265583023.md)


# 

The Nasdaq Golden Dragon China Index preliminarily closed down 1.4%. Among popular Chinese concept stocks, Daqo New Energy preliminarily closed down 10%, Tencent Music fell 8.4%, Century Internet dropped 7.7%, GDS Holdings and Canadian Solar fell 4%, XPeng dropped 3.2%, Nio fell 2.6%, Alibaba and Li Auto fell 1.8%, while ZTO Express and KE rose over 1%. In ETFs, CQQQ fell 0.8%, and KWEB fell 0.6%

### Related Stocks

- [ZTO Express (Cayman) Inc. (ZTO.US)](https://longbridge.com/en/quote/ZTO.US.md)
- [ZTO EXPRESS-W (02057.HK)](https://longbridge.com/en/quote/02057.HK.md)
- [Daqo New Energy Corp. (DQ.US)](https://longbridge.com/en/quote/DQ.US.md)
- [KE Holdings Inc. (BEKE.US)](https://longbridge.com/en/quote/BEKE.US.md)
- [BEKE-W (02423.HK)](https://longbridge.com/en/quote/02423.HK.md)

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