---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290240071.md"
description: "The NASDAQ Golden Dragon China Index initially closed down 0.7%. Performance among popular Chinese concept stocks was mixed: Advanced Semiconductor Engineering rose 8.7%, Youdao gained 4%, and Canadian Solar increased by 1.3%; Vnet fell 4.8%, GDS dropped 4.3%, and Kingsoft Cloud declined 3.1%. In terms of ETFs, CQQQ rose 2.6%, while KWEB fell 0.4%"
datetime: "2026-06-18T20:00:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290240071.md)
  - [en](https://longbridge.com/en/news/290240071.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290240071.md)
---

# 

The NASDAQ Golden Dragon China Index initially closed down 0.7%. Among popular Chinese concept stocks, Vnet initially closed down 4.8%, GDS fell 4.3%, Kingsoft Cloud dropped 3.1%, New Oriental declined 1.3%, Alibaba fell 0.2%, Baidu rose 0.1%, NetEase gained 0.5%, Tencent increased 0.6%, Canadian Solar rose 1.3%, Youdao gained 4%, and Advanced Semiconductor Engineering surged 8.7%. In terms of ETFs, KWEB fell 0.4%, while CQQQ rose 2.6%.

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