On March 28, popular Chinese concept stocks mostly declined. TSMC rose 0.21%, while Pony.ai dropped 5.97%.

MaticHoleFiller · 2026-03-28T00:02:54+00:00

On March 28, Chinese concept stocks generally declined, with the NASDAQ China Golden Dragon Index falling by 1.9%. Several stocks such as Alibaba, Pinduoduo, and NetEase declined, with NIO experiencing the largest drop of 4.32%. The U.S. stock market also continued to decline, with the S&P 500 and NASDAQ both recording their fifth consecutive week of decline.

MaticHoleFiller

2026-03-28 00:02:54

Abstract generation in progress

On March 28, popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index (HXC) closing down 1.9%.

Among the rising stocks (listed by market capitalization from high to low), the stocks that rose include: TSMC up 0.21%, ASE Technology up 0.42%, ZTO up 0.12%, and China New Town Rural up 4.26%.

Among the falling stocks (listed by market capitalization from high to low), Alibaba down 2.18%, Pinduoduo down 0.81%, NetEase down 0.62%, JD down 1.64%, Baidu down 1.63%, Chunghwa Telecom down 1.20%, Trip.com down 3.44%, UMC down 1.66%, Futu Holdings down 1.76%, Li Auto down 0.68%, Beike down 0.07%, XPeng down 3.89%, Huazhu Group down 2.50%, Tencent Music down 0.47%, NIO down 4.32%, Bilibili down 1.54%, New Oriental down 2.35%, Manbang down 0.98%, GDS Holdings down 3.79%, Vipshop down 0.40%, BOSS Zhipin down 3.10%, WSP Holdings down 1.39%, Tuozhen Bio down 0.47%, Atour Group down 3.11%, Miniso down 0.81%, Kingsoft Cloud down 5.63%, Pony.ai down 5.97%, Hynix down 1.05%, Hesai Technology down 4.90%, Huya down 2.51%, and Wuxi AppTec down 3.41%.

U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average plunging over 790 points, entering the correction zone. All three major indexes recorded a fifth consecutive week of declines. U.S. WTI crude oil reached the highest level since 2022 due to escalating tensions in the Strait of Hormuz raising investor concerns about energy supply, and the latest comments from U.S. President Trump failed to encourage traders to buy the dip.

The Dow fell 792.67 points, a decline of 1.72%, closing at 45167.44 points; the Nasdaq fell 459.72 points, a decline of 2.15%, closing at 20948.36 points; the S&P 500 index fell 108.31 points, a decline of 1.67%, closing at 6368.85 points.

List of leading Chinese concept stocks:

List of lagging Chinese concept stocks:

(Screenshots from Sina Finance APP Market - U.S. Stocks - Popular Chinese Concept Stocks Sector) Download the Sina Finance APP

A wealth of information and precise interpretation can be found in the Sina Finance APP

Editor: Zhang Jun SF065

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