---
title: "The China concept index fell over 1%, and KINGSOFT CLOUD dropped over 6%"
description: "Chinese concept stocks performed poorly overall, with the NASDAQ Golden Dragon China Index falling by 1.14%. KINGSOFT CLOUD had the largest decline, reaching 6.4%. Other popular Chinese concept stocks"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274329490.md"
published_at: "2026-01-30T15:11:19.000Z"
---

# The China concept index fell over 1%, and KINGSOFT CLOUD dropped over 6%

> Chinese concept stocks performed poorly overall, with the NASDAQ Golden Dragon China Index falling by 1.14%. KINGSOFT CLOUD had the largest decline, reaching 6.4%. Other popular Chinese concept stocks such as GDS-SW, Century Internet, and CSI Solar also experienced significant declines, all exceeding 4%. In terms of ETFs, FXI, ASHS, and KWEB all saw varying degrees of decline

The NASDAQ Golden Dragon China Index's decline has widened to 1.14%.

Popular Chinese concept stocks: KINGSOFT CLOUD fell 6.4%, GDS fell 5.9%, Century Internet and CSI Solar fell 4.7%, Pony.ai, DAQO New Energy, and Zai Lab fell over 3%, Li Auto fell 2.3%, XPeng fell 1.8%, Tencent fell 1.8%, Alibaba fell 0.9%, Nio rose 0.7%, and New Oriental rose 1.4%.

Among ETFs, FXI fell 1.9%, ASHS fell 1.6%, KWEB fell 1.2%, and CQQQ fell 0.99%.

The FTSE A50 night futures' increase has narrowed to less than 0.2%

### Related Stocks

- [.HXC.US - NASDAQ Golden Dragon China Index](https://longbridge.com/en/quote/.HXC.US.md)
- [ASHS.US - Xtrk Hrvt Csi 500 Chn A S-Cp](https://longbridge.com/en/quote/ASHS.US.md)
- [09698.HK - GDS-SW](https://longbridge.com/en/quote/09698.HK.md)
- [CLOU.US - Global X Cloud Computing ETF](https://longbridge.com/en/quote/CLOU.US.md)
- [DRAG.US - Roundhill China Dragons ETF](https://longbridge.com/en/quote/DRAG.US.md)
- [MCHI.US - iShares MSCI China](https://longbridge.com/en/quote/MCHI.US.md)
- [PGJ.US - Invesco Golden Dragon China](https://longbridge.com/en/quote/PGJ.US.md)
- [688472.CN - CSI Solar](https://longbridge.com/en/quote/688472.CN.md)
- [03896.HK - KINGSOFT CLOUD](https://longbridge.com/en/quote/03896.HK.md)
- [KWEB.US - Krne Csi China Internet](https://longbridge.com/en/quote/KWEB.US.md)

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