---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294862409.md"
description: "The NASDAQ Golden Dragon China Index initially closed down 0.2%. In terms of individual stocks, Kingsoft Cloud rose 10.4%, while Advanced Semiconductor Engineering and Canadian Solar gained 5.2% and 5.3%, respectively; XPeng fell 2.4%, and New Oriental EDU & Tech dropped 4.8%. Among ETFs, CQQQ rose 2.9%, and KWEB increased by 0.4%"
datetime: "2026-08-04T20:00:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294862409.md)
  - [en](https://longbridge.com/en/news/294862409.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294862409.md)
---

# 

The NASDAQ Golden Dragon China Index initially closed down 0.2%. Among popular Chinese concept stocks, Kingsoft Cloud initially closed up 10.4%, Advanced Semiconductor Engineering rose 5.2%, Canadian Solar gained 5.3%, GDS Holdings increased 2.1%, Zai Lab and JinkoSolar, along with Alibaba, each rose by at least 1.1%, VNET Group went up 0.8%, XPeng fell 2.4%, and New Oriental EDU & Tech dropped 4.8%. Among ETFs, CQQQ initially closed up 2.9%, and KWEB rose 0.4%.

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