Nasdaq Golden Dragon China Index Declines 1.35% to 5,986.28 on June 22, Nearing 2024 Low

On June 22, the Nasdaq Golden Dragon China Index declined 1.35% to close at 5,986.28 points, approaching its September 23, 2024 close of 5,917.72 points. Among major Chinese tech stocks, Pony AI fell 5.5%, WeRide dropped 4.6%, Xiaomi declined 4.1%, and BYD slid 3.5%, while Alibaba, Pinduoduo, and Zhihu retreated more modestly at 2.1%, 1.8%, and 0.8% respectively. Ctrip rose 3%, and Zai Lab gained 1.6%.
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