Nasdaq Golden Dragon China Index fell by 1.81%

The Nasdaq Golden Dragon China Index fell by 1.81%. Among popular Chinese concept stocks, Wenyan Zhi Xing initially fell by 6.8%, New Oriental by 4.8%, Nio, Xiaoma Zhi Xing, and Li Xiang fell by over 3%, Xiaopeng and Pinduoduo fell by over 2%, Alibaba, JD.com, Tencent, Baidu fell by over 1%, while Yum China rose by 0.3%.