---
title: "The Nasdaq Golden Dragon China Index initially closed down 1.1%. Among popular Chinese concept stock"
description: "The Nasdaq Golden Dragon China Index initially closed down 1.1%. Among popular Chinese concept stocks, Nio initially closed down 7.3%, XPeng fell 4.7%, WERIDE fell 2.5%, and NetEase, Li Auto, Baidu, N"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/271244228.md"
published_at: "2025-12-31T21:00:49.000Z"
---

# The Nasdaq Golden Dragon China Index initially closed down 1.1%. Among popular Chinese concept stock

> The Nasdaq Golden Dragon China Index initially closed down 1.1%. Among popular Chinese concept stocks, Nio initially closed down 7.3%, XPeng fell 4.7%, WERIDE fell 2.5%, and NetEase, Li Auto, Baidu, New Oriental, and Pony.ai all fell over 1%

The Nasdaq Golden Dragon China Index initially fell by 1.1%. Among popular Chinese concept stocks, Nio initially fell by 7.3%, XPeng fell by 4.7%, WERIDE fell by 2.5%, and NetEase, Li Auto, Baidu, New Oriental EDU & Tech, and Pony.ai all fell by over 1%

### Related Stocks

- [EDU.US - New Oriental EDU & Tech](https://longbridge.com/en/quote/EDU.US.md)
- [09901.HK - NEW ORIENTAL-S](https://longbridge.com/en/quote/09901.HK.md)
- [00800.HK - WERIDE-W](https://longbridge.com/en/quote/00800.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Bank of China Sticks to Its Buy Rating for WeRide Inc. Class A (0800) | Bank of China analyst maintained a Buy rating on WeRide Inc. Class A yesterday and set a price target of HK$34.00.Valent | [Link](https://longbridge.com/en/news/275269567.md) |
| Pony AI Inc. - Sponsored ADR $PONY is IDG China Capital Fund III Associates L.P.'s 2nd Largest Position | IDG China Capital Fund III Associates L.P. reduced its stake in Pony AI Inc. by 28.5% in Q3, now holding 4,570,712 share | [Link](https://longbridge.com/en/news/275124329.md) |
| Pony AI (NASDAQ:PONY) Upgraded by Wall Street Zen to Hold Rating | Wall Street Zen upgraded Pony AI (NASDAQ:PONY) from a "sell" to a "hold" rating. Other analysts have varied opinions, wi | [Link](https://longbridge.com/en/news/275969038.md) |
| Nio to enhance power business operations for profitability, says William Li | Nio Inc. aims to enhance profitability in its power business after achieving a milestone of 100 million battery swap ser | [Link](https://longbridge.com/en/news/275255251.md) |
| CICC Reaffirms Their Buy Rating on NIO Inc. Class A (9866) | CICC analyst maintained a Buy rating on NIO Inc. Class A yesterday and set a price target of HK$50.00.Valentine's Day Sa | [Link](https://longbridge.com/en/news/275967598.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
