<p>The Nasdaq Golden Dragon China Index opened high but closed down 0.2%. Among popular Chinese concept stocks, Baidu closed up 4.5%, XPeng rose 3.8%, Nio increased 3.2%, WeRide and Xiaomi rose over 1%, Li Auto rose 0.5%, Alibaba fell 0.6%, Yum China dropped 1.4%, Pony.ai decreased 1.7%, and JD.com fell 1.8%</p>

<p>The Nasdaq Golden Dragon China Index opened high and closed low, initially down 0.2%. The performance of popular Chinese concept stocks was mixed, with Baidu up 4.5%, XPeng up 3.8%, Nio up 3.2%, WeRide and Xiaomi up over 1%, and Li Auto up 0.5%. Alibaba fell 0.6%, Yum China fell 1.4%, Pony.ai fell 1.7%, and JD.com fell 1.8%</p>

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