Chinese Concept Stocks | Nasdaq Golden Dragon Index Drops 3.11%, Major Chinese Stocks Decline

On Eastern Time, March 28th (Friday), the three major U.S. stock indexes all fell more than 1%. The S&P 500 Index fell by 1.97% to 5580.94 points, the Dow Jones Index dropped by 1.69% to 41583.90 points, and the Nasdaq Index decreased by 2.70% to 17322.99 points.

On March 28th, the Nasdaq Golden Dragon China Index dropped by 3.11%.

Regarding popular Chinese concept stocks, NIO fell by 5.65%, Baidu by 5.13%, Bilibili by 4.66%, Pinduoduo by 3.14%, JD.com by 3.05%, XPeng Motors by 2.43%, Alibaba by 2.37%, TSMC by 1.78%, and NetEase by 1.01%.

For Chinese stocks on a consecutive rise, the performances are as follows: Jinsheng Amusement rose by 8.94% over 8 consecutive days, with a total increase of 324.11% during the period. LightInTheBox rose by 10.23% over 6 consecutive days, with a total increase of 36.86%. Jiayuda rose by 5.36% over 4 consecutive days, with a total increase of 48.98%. Quantum Song rose by 11.76% over 4 consecutive days, with a total increase of 26.67%. Gongwuyuan rose by 12.36% over 4 consecutive days, with a total increase of 73.01%. Four Seasons Education rose by 4.73% over 4 consecutive days, with a total increase of 7.88%.

For Chinese stocks on a consecutive decline, the performances are as follows: Enjoy Holdings fell by 6.58% over 8 consecutive days, with a total decrease of 27.30% during the period. XPeng Motors fell by 2.48% over 7 consecutive days, with a total decrease of 17.23%. Jinko Solar fell by 2.54% over 7 consecutive days, with a total decrease of 17.55%. Thor Energy fell by 7.73% over 7 consecutive days, with a total decrease of 59.92%. Burning Rock Biotech fell by 3.83% over 6 consecutive days, with a total decrease of 21.53%. Yi Long Energy fell by 0.75% over 6 consecutive days, with a total decrease of 23.12%. Inleaf fell by 6.25% over 6 consecutive days, with a total decrease of 34.50%. Yidianhang fell by 2.88% over 6 consecutive days, with a total decrease of 15.69%.

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