<p>The Nasdaq Golden Dragon China Index initially closed down 1.3%.
Among popular Chinese concept stocks, Nio initially closed down 4.8%, Baidu fell 4.6%, JinkoSolar fell 3.9%, BYD fell 3.4%, Pony.ai fell 3.3%, PDD fell 3%, Kingsoft Cloud rose 1.5%, and Alibaba rose 1.8%.
Among ETFs, KWEB fell 1.1%, and CQQQ fell 0.9%.</p>

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<p>The Nasdaq Golden Dragon China Index initially closed down 1.3%. Among popular Chinese concept stocks, Nio fell 4.8%, Baidu fell 4.6%, JinkoSolar fell 3.9%, BYD fell 3.4%, Pony.ai fell 3.3%, and PDD fell 3%. Kingsoft Cloud rose 1.5%, and Alibaba rose 1.8%. In terms of ETFs, KWEB fell 1.1%, and CQQQ fell 0.9%</p>

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