---
title: "The China Concept Index closed down more than 1.4%, CQQQ fell about 0.8%, Pony AI dropped 3%, and Nio, XPeng, and Li Auto fell by up to 2.8%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265589871.md"
description: "The Nasdaq Golden Dragon China Index closed down 1.46%, at 8112.98 points. In the ETFs, the Invesco China Tech ETF (CQQQ) closed down 0.78%, and the KraneShares CSI China Internet ETF (KWEB) closed down 0.68%. Xtrackers Harvest CSI 50 (ASHS) closed down 0.60%, and the Deutsche Bank Xtrackers Harvest CSI 300 Index ETF (ASHR) closed down 0.12%"
datetime: "2025-11-12T21:36:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265589871.md)
  - [en](https://longbridge.com/en/news/265589871.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265589871.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265589871.md) | [繁體中文](https://longbridge.com/zh-HK/news/265589871.md)


# The China Concept Index closed down more than 1.4%, CQQQ fell about 0.8%, Pony AI dropped 3%, and Nio, XPeng, and Li Auto fell by up to 2.8%

The Nasdaq Golden Dragon China Index closed down 1.46%, at 8112.98 points.

In the ETFs, the Invesco China Tech ETF (CQQQ) closed down 0.78%, and the KraneShares CSI China Internet ETF (KWEB) closed down 0.68%.

Xtrackers Harvest CSI 50 (ASHS) closed down 0.60%, and the Deutsche Bank Xtrackers Harvest CSI 300 Index ETF (ASHR) closed down 0.12%

### Related Stocks

- [Pony AI Inc. (PONY.US)](https://longbridge.com/en/quote/PONY.US.md)
- [Invesco China Technology ETF (CQQQ.US)](https://longbridge.com/en/quote/CQQQ.US.md)

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