The NASDAQ Golden Dragon China Index initially closed down 0.1%. Performance among popular Chinese stocks was mixed: NetEase fell 4.5%, Tencent dropped 1.1%, and PDD declined 0.8%; Alibaba rose 1%, BYD gained 2.9%, and Xiaomi Group increased 3.4%. In terms of related ETFs, CQQQ fell 2.5% and KWEB dropped 0.3%

The NASDAQ Golden Dragon China Index initially closed down 0.1%. Among popular Chinese stocks, NetEase initially closed down 4.5%, ASE Technology Holding fell 1.2%, Tencent dropped 1.1%, PDD declined 0.8%, Alibaba rose 1%, BYD gained 2.9%, and Xiaomi Group increased 3.4%. CQQQ fell 2.5%, and KWEB dropped 0.3%.