<p>The Nasdaq Golden Dragon China Index initially fell by 0.1%, with U.S. stocks showing a V-shaped reversal in early trading, followed by a slight increase. Among popular Chinese concept stocks, Kingsoft Cloud initially fell by 5.4%, Boss Zhipin dropped by 3.4%, Zai Lab decreased by 2.6%, XPeng fell by 2.4%, New Oriental EDU &amp; Tech dropped by 1.6%, Baidu rose by 1.5%, Nio increased by 1.7%, Vnet rose by 2.1%, Pony.ai increased by 3.1%, and Canadian Solar rose by 3.3%. In ETFs, CQQQ fell by 0.7%, and KWEB dropped by 0.6%</p>

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<p>The Nasdaq Golden Dragon China Index preliminarily closed down 0.1%, while U.S. stocks slightly rose after a V-shaped reversal in early trading. Among popular Chinese concept stocks, Kingsoft Cloud fell 5.4%, Boss Zhipin fell 3.4%, Zai Lab fell 2.6%, XPeng fell 2.4%, New Oriental fell 1.6%, Baidu rose 1.5%, Nio rose 1.7%, Vnet rose 2.1%, Pony.ai rose 3.1%, and Canadian Solar rose 3.3%. In ETFs, CQQQ fell 0.7% and KWEB fell 0.6%</p>

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