US Stock Market Move | Straight-line diving! Nasdaq China Golden Dragon Index drops 2.7%, popular Chinese concept stocks fell across the board.

23:19 10/10/2025

On Friday, the Nasdaq Golden Dragon Index in China plummeted 2.7% in intraday trading, marking the largest decline since August 27th.

On Friday, the NASDAQ Golden Dragon China Index plummeted 2.7% in intraday trading, marking the largest decline since August 27th. Popular Chinese concept stocks fell across the board, with UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US), XPeng, Inc. ADR Sponsored Class A (XPEV.US) dropping by over 6%, while Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell by over 5%.

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