---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293513593.md"
description: "The NASDAQ Golden Dragon China Index initially closed down 1.8%. Popular Chinese stocks generally declined, with NetEase falling 6.6%, Tencent dropping 6%, XPeng and Bilibili each down more than 3%, and Alibaba declining 1.4%. A few individual stocks, such as H World and Daqo New Energy, rose more than 1%. Among related ETFs, KWEB fell 2.2% and CQQQ dropped 1.7%"
datetime: "2026-07-22T20:00:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293513593.md)
  - [en](https://longbridge.com/en/news/293513593.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293513593.md)
---

# 

The NASDAQ Golden Dragon China Index initially closed down 1.8%. Among popular Chinese stocks, NetEase initially closed down 6.6%, Tencent fell 6%, XPeng, Bilibili, Beike, and Kingsoft Cloud each dropped more than 3%, Trip.com Group declined 2.5%, Alibaba fell 1.4%, while H World, VNET, and Daqo New Energy each rose at least 1%. Among ETFs, KWEB fell 2.2% and CQQQ dropped 1.7%.

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