---
title: "The China Concept Index fell over 1% in early trading of US stocks, Vnet dropped 7%, GDS fell about 3%, XPeng rose about 3%, and the FTSE A50 gave back its gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272713763.md"
description: "Chinese concept stocks generally fell in the early trading of U.S. stocks, with the Nasdaq Golden Dragon China Index's decline widening to 1.1%. Vnet fell 7%, Kingsoft Cloud fell 6.5%, Tencent Music fell 6%, Zai Lab fell 4.7%, Bilibili fell 3.1%, and GDS fell 2.8%. XPeng rose about 3%, and the FTSE A50 night futures' increase narrowed to less than 0.3%"
datetime: "2026-01-15T14:43:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272713763.md)
  - [en](https://longbridge.com/en/news/272713763.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272713763.md)
generator: "portal-rs"
---

# The China Concept Index fell over 1% in early trading of US stocks, Vnet dropped 7%, GDS fell about 3%, XPeng rose about 3%, and the FTSE A50 gave back its gains

The Nasdaq Golden Dragon China Index's decline has widened to 1.1%.

Popular Chinese concept stocks: Vnet fell 7%, Kingsoft Cloud fell 6.5%, Tencent Music fell 6%, Zai Lab fell 4.7%, Bilibili fell 3.1%, GDS fell 2.8%, NetEase and JD.com fell 1.9%, Baidu fell 1.2%, New Oriental fell 1.1%, Alibaba fell 0.9%, XPeng fell 0.2%.

WeRide is currently up 1%, Canadian Solar is up 1.4%, Li Auto is up 1.6%, Pony.ai is up 2.8%.

In ETFs, KWEB fell 1.9%, CQQQ fell 0.6%, ASHR rose 0.5%.

The FTSE A50 night futures' gains have quickly narrowed to less than 0.3%

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