The Nasdaq China Golden Dragon Index fell by 3%, with Baidu (BIDU.O) down more than 9%, GDS (GDS.O) down more than 6%, Kingsoft Cloud (KC.O) down 5.7%, NIO (NIO.N) and XPeng (XPEV.N) down more than 4%, and Li Auto (LI.O) down more than 3%.

2026-06-05

The Nasdaq China Golden Dragon Index fell by 3%, with Baidu (BIDU.O) down more than 9%, GDS (GDS.O) down more than 6%, Kingsoft Cloud (KC.O) down 5.7%, NIO (NIO.N) and XPeng (XPEV.N) down more than 4%, and Li Auto (LI.O) down more than 3%.