---
title: "Nasdaq China Golden Dragon Index Declines 3% Amid Tech Stock Slump"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286432429.md"
description: "The Nasdaq China Golden Dragon Index experienced a 3% decline, reflecting a downturn in Chinese tech stocks. According to NS3.AI, Kingsoft Cloud saw a significant drop of 9.1%. Other major companies, including Bilibili, XPeng, and Baidu, also faced declines, each falling more than 5%."
datetime: "2026-05-14T14:17:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286432429.md)
  - [en](https://longbridge.com/en/news/286432429.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286432429.md)
---

# Nasdaq China Golden Dragon Index Declines 3% Amid Tech Stock Slump

The Nasdaq China Golden Dragon Index experienced a 3% decline, reflecting a downturn in Chinese tech stocks. According to NS3.AI, Kingsoft Cloud saw a significant drop of 9.1%. Other major companies, including Bilibili, XPeng, and Baidu, also faced declines, each falling more than 5%.

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