The Nasdaq Golden Dragon China Index initially closed down 1.1%, with a cumulative increase of 0.4% this week, overall "opening high" and closing low. Among popular Chinese concept stocks, Xiaomi initially closed down 3.5%, Alibaba down 3%, Meituan down 2%, Tencent, JD.com, and Li Auto down over 1%, Pinduoduo down 0.6%, NetEase up 1.3%, Nio up 1.4%, WeRide up 1.5%, Huazhu up 1.9%, and Pony.ai up 2.4%
