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The Nasdaq Golden Dragon China Index Initially Closed Up 0.3%. Popular Chinese Stocks NIO Initially Closed Up 5.4%, New Oriental Rose 2.5%, Yum China And Xpeng Rose More Than 1%, Pinduoduo, NetEase, And Alibaba Rose Up To 0.8%, While Tencent Fell 0.6%, Xiaomi Fell 0.9%, Baidu Fell 1.2%, WeRide Fell 2.4%, Ideal Fell 3.6%, Pony.ai And Fangdd Fell More Than 5%. Chinese ETF Yinn Rose 1.2%, Drag Rose 0.4%, Kweb Fell 0.3%, And Cqqq Fell 1.2%

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