Most popular Chinese stocks fell Thursday, and the Nasdaq Golden Dragon China Index initially closed down 4.7%. Daily Youxian fell by more than 18%, Weilai by more than 10% and Xiaopeng Motors by more than 9%.
Zhihu lost over 8%, Lili Auto lost over 6%, Bilibili and Futu Holdings lost over 5%, iQiyi, Manbang, Vipshop, Weibo lost over 4%, NetEase, Qudian, Pinduoduo, Tencent Music, and JD.com fell more than 3%, while Baidu and Alibaba fell more than 2%.
The group car grew by more than 25% and the medical beauty international grew by more than 16%.golden sunEducation increased by more than 13%, Lantingji grew by more than 11%, Uxin grew by more than 8%, Mogujie grew by more than 5%, Haiyin Wealth increased by more than 4%, Taihecheng Medical, Qilian International, Fanhua Financial Holdings, Germany Wei and others increased by more than 3%, Ucommune, Fuwei Film, China Natural Resources, Mingchuang Youpin, Haichuan Securities, etc. increased by more than 2%, Baosheng Technology, China Global Shipping, Luokung Technology, Juhao Mall, Secoo, Tuniu and others increased by more than 1%.
Pintec fell more than 22%, Daily Youxian fell more than 18%, Qutoutiao fell more than 17%, Asia Pacific Wire and Cable fell more than 14%, EHang, Lufax Holdings fell more than the 13%, China Green Forest Agriculture, BOSS Direct Employment, Shuhai, Lizhi, etc. fell by more than 11%, Su Xuantang, Yuehang Sunshine, Weilai fell by more than 10%, Ronglian Cloud Communication, Xpeng Motors fell by more than 9%, Eurofins, Zhihu, Yingxi Group, Nine Fortune, etc. decreased by more than 8%, Ninth City, All Things Reborn, Dingdong Shopping, 21Vianet, IWC, Cheetah Mobile, Jiuzi New Energy, AMTD Digital, Lexin,ORGThe seed industry has decreased by more than 7%.
New energy vehicles were mixed, with NIO down more than 10%, Xiaopeng Motors down more than 9% and Ideal Auto down more than 6%.
US equities closed lower on Thursday, with the S&P 500 hitting its lowest close of the year and an intraday low since 2020. The Dow fell 458.13 points, or 1.54%, to 29,225. 61 points; the Nasdaq fell 314.13 points, or 2.84%, to 10,737.51 points; the S&P 500 fell 78.57 points, or 2.11%, to 3,640.47 points.
The market push from the Bank of England emergency bailout gradually faded and risk aversion returned. Investors remained focused on the Federal Reserve’s aggressive policy and fears that it could lead to a rapid US recession.
List of main Chinese concept stocks:
List of main Chinese concept stocks:
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Responsible editor: Zhou Wei
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