Chinese Concept Stocks | Nasdaq Golden Dragon Index Falls 2.24% Amid Mixed Performance of Chinese Tech Giants

On October 7th, Eastern Time (Tuesday), the three major U.S. stock indices collectively closed lower. The S&P 500 index fell by 0.38% to 6714.59 points; the Dow Jones index dropped by 0.20% to 46602.98 points; and the Nasdaq index decreased by 0.67% to 22788.36 points.

On October 7th, the Nasdaq Golden Dragon China Index fell by 2.24%.

Regarding popular Chinese concept stocks, XPeng Motors rose by 0.15%, Baidu fell by 4.12%, Alibaba dropped by 3.14%, Bilibili decreased by 2.97%, JD.com fell by 2.84%, TSMC dropped by 2.75%, NIO decreased by 1.25%, NetEase fell by 0.96%, and Pinduoduo dropped by 0.63%.

Among the Chinese concept stocks with consecutive gains, I-Mab rose by 0.46% over 6 consecutive days with a cumulative increase of 27.78%. Tenry Pharmaceutical rose by 7.88% over 5 consecutive days with a cumulative increase of 16.26%. ZK International rose by 8.63% over 5 consecutive days with a cumulative increase of 25.91%. Nature's Sunshine Products rose by 9.07% over 5 consecutive days with a cumulative increase of 23.10%. Onconova Therapeutics rose by 2.08% over 4 consecutive days with a cumulative increase of 20.99%. Global Mofy Metaverse rose by 0.50% over 4 consecutive days with a cumulative increase of 3.10%. Green Planet Bioengineering rose by 7.24% over 4 consecutive days with a cumulative increase of 12.17%.

Among the Chinese concept stocks with consecutive declines, Yatsen Holding fell by 5.71% over 6 consecutive days with a cumulative decrease of 16.65%. DouYu fell by 1.75% over 5 consecutive days with a cumulative decrease of 3.06%. Dragon Victory International fell by 1.42% over 5 consecutive days with a cumulative decrease of 11.28%. Golden Sun Education fell by 3.25% over 5 consecutive days with a cumulative decrease of 12.17%. Huazhu Group fell by 0.65% over 4 consecutive days with a cumulative decrease of 3.11%. Zai Lab fell by 1.26% over 4 consecutive days with a cumulative decrease of 4.50%. RLX Technology fell by 1.60% over 4 consecutive days with a cumulative decrease of 6.82%. JOYY fell by 0.98% over 4 consecutive days with a cumulative decrease of 2.30%. Sohu fell by 2.09% over 4 consecutive days with a cumulative decrease of 4.59%. Baozun fell by 2.60% over 4 consecutive days with a cumulative decrease of 9.66%. Haoxin Holdings fell by 6.85% over 4 consecutive days with a cumulative decrease of 11.69%. Lixiang Education fell by 9.90% over 4 consecutive days with a cumulative decrease of 75.25%. Pintec Technology fell by 1.51% over 4 consecutive days with a cumulative decrease of 13.14%.