Nasdaq Golden Dragon China Index drops 3.55% at market open
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Chinese concept stocks Kingsoft Cloud fell by 9.44%, XPeng dropped by 7.42%, Zai Lab, JinkoSolar, and NIO fell by at least 5.02%, New Oriental, Daqo New Energy, and Alibaba dropped by at least 4.83%. Among ETFs, ASHS fell by 5.64%, CQQQ dropped by 5.39%, KWEB fell by 3.21%, and ASHS dropped by 3.02%.
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