Nasdaq Golden Dragon China Index Falls 2.95% as Tencent Music Drops 11.92%
The Nasdaq Golden Dragon China Index, which tracks US-listed Chinese companies, fell 2.95% on August 11, 2026. Tencent Music was the biggest decliner, dropping 11.92%. Other notable losers included 111 Inc. (down 8.05%), FinVolution Group (down 6.04%), Bilibili (down 5.21%), and Haitian Network (down 5.2%). The losses were widespread, with most components ending in negative territory, reflecting persistent selling pressure in the sector.
The Nasdaq Golden Dragon China Index closed down 2.95% on August 11, 2026. Among individual stocks, Tencent Music fell 11.92%, 111 Inc. dropped 8.05%, FinVolution Group declined 6.04%, Bilibili lost 5.21%, and Haitian Network slipped 5.2%.