---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284439955.md"
description: "The Nasdaq Golden Dragon China Index initially closed down 0.4%. Among popular Chinese stocks, KINGSOFT CLOUD fell 6.4%, GDS-SW dropped 4.8%, VNET declined 3.7%, Xiaomi Corporation decreased 3.3%, XPeng fell 2.6%, BYD dropped 2.3%, while Alibaba and PDD each declined 1.2%. NIO rose 1.8%, New Oriental EDU & Tech gained 2.1%, and CSI Solar surged 6.6%"
datetime: "2026-04-28T20:02:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284439955.md)
  - [en](https://longbridge.com/en/news/284439955.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284439955.md)
---

# 

The Nasdaq Golden Dragon China Index initially closed down 0.4%. Among popular Chinese stocks, KINGSOFT CLOUD initially closed down 6.4%, GDS-SW fell 4.8%, VNET declined 3.7%, Xiaomi Corporation decreased 3.3%, XPeng fell 2.6%, BYD dropped 2.3%, Alibaba and PDD each declined 1.2%, NIO rose 1.8%, New Oriental EDU & Tech gained 2.1%, and CSI Solar surged 6.6%.

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