---
title: "The NASDAQ Golden Dragon China Index preliminarily closed down 0.9%, with mixed performances among p"
description: "The NASDAQ Golden Dragon China Index preliminarily closed down 0.9%, with mixed performances among popular Chinese concept stocks. Daqo New Energy fell 5.6%, Bilibili dropped 4%, Alibaba decreased by "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274708452.md"
published_at: "2026-02-03T21:02:15.000Z"
---

# The NASDAQ Golden Dragon China Index preliminarily closed down 0.9%, with mixed performances among p

> The NASDAQ Golden Dragon China Index preliminarily closed down 0.9%, with mixed performances among popular Chinese concept stocks. Daqo New Energy fell 5.6%, Bilibili dropped 4%, Alibaba decreased by 2.9%, while Nio and XPeng saw some gains. In terms of ETFs, KWEB and CQQQ fell by 1.8% and 1.2%, respectively, while ASHR and ASHS rose by 0.5% and 1.9%

The NASDAQ Golden Dragon China Index initially closed down 0.9%, showing a V-shaped trend after gapping down. Among popular Chinese concept stocks, Daqo New Energy initially closed down 5.6%, Bilibili down 4%, Kingsoft Cloud down 3.5%, Alibaba down 2.9%, Baidu, Trip.com, Boss Zhipin, and Beike down over 2%, Nio up 0.8%, Pony.ai up 2%, Huazhu up 2.2%, New Oriental up 2.3%, Li Auto up 2.7%, Canadian Solar up 4.1%, and XPeng up 4.3%. In ETFs, KWEB down 1.8%, CQQQ down 1.2%, ASHR up 0.5%, ASHS up 1.9%

### Related Stocks

- [KWEB.US - Krne Csi China Internet](https://longbridge.com/en/quote/KWEB.US.md)
- [BABX.US - BABA 2x Long Daily ETF - GraniteShares](https://longbridge.com/en/quote/BABX.US.md)
- [CQQQ.US - Invesco China Tech](https://longbridge.com/en/quote/CQQQ.US.md)
- [KBAB.US - KraneShares 2x Long BABA Daily ETF](https://longbridge.com/en/quote/KBAB.US.md)
- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
- [.HXC.US - NASDAQ Golden Dragon China Index](https://longbridge.com/en/quote/.HXC.US.md)
- [PGJ.US - Invesco Golden Dragon China](https://longbridge.com/en/quote/PGJ.US.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)

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