---
title: "The NASDAQ Golden Dragon China Index initially closed down 0.9%. Among popular Chinese concept stock"
description: "The NASDAQ Golden Dragon China Index initially closed down 0.9%. Among popular Chinese concept stocks, NetEase fell 1.7%, Baidu, Pony.ai, and New Oriental dropped about 1%, while Alibaba declined 0.8%"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276642534.md"
published_at: "2026-02-23T21:02:28.000Z"
---

# The NASDAQ Golden Dragon China Index initially closed down 0.9%. Among popular Chinese concept stock

> The NASDAQ Golden Dragon China Index initially closed down 0.9%. Among popular Chinese concept stocks, NetEase fell 1.7%, Baidu, Pony.ai, and New Oriental dropped about 1%, while Alibaba declined 0.8%. Tencent, Pinduoduo, Xiaomi, and Li Auto rose up to 0.9%, and BYD, Meituan, YUM CHINA, WeRide, and Nio increased by up to 4.5%

The NASDAQ Golden Dragon China Index initially closed down 0.9%. Among popular Chinese concept stocks, NetEase initially closed down 1.7%, Baidu, XPeng Motors, and New Oriental fell by at least 1%, Alibaba fell 0.8%, Tencent, Pinduoduo, Xiaomi, and Li Auto rose by up to 0.9%, while BYD, Meituan, YUM CHINA, WeRide, and Nio rose by up to 4.5%

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