Nasdaq China Golden Dragon Index closed down 2.37%; NetEase rose more than 14% and approached a record high

2025-05-16 04:01:52

Most of the popular Chinese stocks fell, with the Nasdaq China Golden Dragon Index closing down 2.37%. Alibaba fell more than 7%, Futu Holdings fell more than 5%, JD.com, Baidu, and NIO fell more than 3%. Q1 revenue exceeded expectations, NetEase soared more than 14%, and its stock price approached a record high.

Nio JD NetEase Alibaba

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