The Nasdaq Golden Dragon China Index fell more than 1.3% in early trading, to 7576.48 points.
Popular Chinese concept stocks such as Qifu Technology fell 4.75%, Zai Lab fell 4%, Alibaba and Miniso fell 2.9%, GDS Holdings and XPeng fell 2.7%, Li Auto fell 2.1%, Yum China fell 1.8%, Atour fell 1.7%, Century Internet fell 1.4%, and Daqo New Energy, New Oriental, and Pony.ai also fell over 1%

BABA

09988

MNSO

09896

XPEV

09868

The Nasdaq Golden Dragon China Index fell more than 1.3% at the beginning of trading, reaching 7576.48 points. Popular Chinese concept stocks such as Qifu Technology fell 4.75%, Zai Lab fell 4%, Alibaba and Miniso fell 2.9%, Global Data and XPeng fell 2.7%, Li Auto fell 2.1%, Yum China fell 1.8%, Atour fell 1.7%, Century Internet fell 1.4%, and Daqo New Energy, New Oriental, and Pony.ai also fell over 1%

Wallstreetcn

Alibaba

BABA-W

Miniso

XPeng

XPENG-W

The China Concept Index fell 1.3% in early trading, with Alibaba down 2.9% and XPeng down 2.7%