The NASDAQ Golden Dragon China Index closed preliminarily up 0.6%. In individual stocks, Daqo New Energy rose 13.3%, Kingsoft Cloud gained 7%, Alibaba and Advanced Semiconductor Engineering each rose 4.1%, Jinkosolar climbed 3.9%, while Tencent, PDD, and Baidu all rose more than 1%; Xiaomi fell 2.5%, Li Auto dropped 3.7%, and XPeng declined 4.5%. Among ETFs, KWEB rose 0.9%, and CQQQ fell 0.1%

Wallstreetcn

Aug 3, 2026 at 03:02 PM

The NASDAQ Golden Dragon China Index closed preliminarily up 0.6%. Among popular Chinese concept stocks, Daqo New Energy closed preliminarily up 13.3%, Kingsoft Cloud rose 7%, Alibaba and Advanced Semiconductor Engineering each gained 4.1%, Jinkosolar climbed 3.9%, Tencent, PDD, and Baidu all rose more than 1%, while Xiaomi fell 2.5%, Li Auto dropped 3.7%, and XPeng declined 4.5%. Among ETFs, KWEB rose 0.9%, and CQQQ fell 0.1%.