---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295272105.md"
description: "The NASDAQ Golden Dragon China Index closed preliminarily up 0.8%, with a cumulative weekly gain of approximately 0.3%. Among popular Chinese stocks, Zai Lab rose 12.2%, Daqo New Energy gained 8.8%, Jinkosolar climbed 6%, Vnet advanced 5%, Tencent edged up 1.8%, and PDD and Alibaba each rose over 1%. Related ETFs such as ASHS, CQQQ, and KWEB all showed upward momentum"
datetime: "2026-08-07T20:00:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295272105.md)
  - [en](https://longbridge.com/en/news/295272105.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295272105.md)
---

# 

The NASDAQ Golden Dragon China Index closed preliminarily up 0.8%, with a cumulative weekly gain of approximately 0.3%. Among popular Chinese stocks, Zai Lab closed preliminarily up 12.2%, Daqo New Energy rose 8.8%, Jinkosolar gained 6%, Vnet advanced 5%, Tencent edged up 1.8%, PDD and Alibaba each rose over 1%, while ASE Technology Holding remained roughly flat. In the ETF space, ASHS closed preliminarily up 2.5%, CQQQ rose 1.7%, and KWEB gained 0.8%.

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- [PDD.US](https://longbridge.com/en/quote/PDD.US.md)
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- [ASHS.US](https://longbridge.com/en/quote/ASHS.US.md)
- [BABX.US](https://longbridge.com/en/quote/BABX.US.md)
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