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The Nasdaq Golden Dragon China Index preliminarily closed down 0.7%. Among popular Chinese concept stocks, Pinduoduo fell 3.7%, Nio and Li Auto fell 3.3%, Pony.ai fell 3%, Alibaba fell 1.5%, New Oriental rose 0.6%, and Yum China rose 0.7%

The Nasdaq Golden Dragon China Index preliminarily closed down 0.7%. Among popular Chinese concept stocks, Pinduoduo fell 3.7%, Nio and Li Auto fell 3.3%, Pony.ai fell 3%, Alibaba fell 1.5%, New Oriental rose 0.6%, and Yum China rose 0.7%