The NASDAQ Golden Dragon China Index initially closed up 0.5%. Performance among popular Chinese concept stocks was mixed: Advanced Semiconductor Engineering rose 8.6%, while Alibaba, PDD, and NetEase saw slight gains; Tencent fell 1.8%, and XPeng, BYD, and NIO each dropped more than 2%. In terms of related ETFs, CQQQ rose 4.3% and KWEB rose 0.2%
The NASDAQ Golden Dragon China Index initially closed up 0.5%. Among popular Chinese concept stocks, Advanced Semiconductor Engineering rose 8.6%, Alibaba rose 2%, PDD rose 1.2%, NetEase rose 0.2%, Tencent fell 1.8%, and XPeng, BYD, and NIO each fell more than 2%. Among ETFs, CQQQ rose 4.3% and KWEB rose 0.2%.