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20:48
The Nasdaq Golden Dragon China Index closed down 2.80% at 6,839.65 points, with a cumulative decline of 2.22% this week.
Among popular Chinese concept stocks, Kingsoft Cloud closed down 9.4%, Alibaba fell 6.2%, Bilibili, Pony.ai, WeRide, and Baidu all dropped at least 5.6%. For ETFs, the China Internet Index ETF (KWEB) closed down 3.53%, with a weekly pullback of 4.67%; the China Technology Index ETF (CQQQ) closed down 3.06%, with a weekly pullback of 3.17%; Xtrackers Harvest CSI 50 (ASHS) closed down 2.05%, with a weekly pullback of 2.06%; Deutsche Bank Harvest CSI 300 Index ETF (ASHR) closed down 1.85%, with a weekly pullback of 0.73%, ending a previous six-week streak of gains.
20:32
On Friday, May 15th, U.S. sector ETFs suffered widespread losses: Semiconductor ETFs closed down 3.80%, Biotechnology Index ETFs, Global Aviation Industry ETFs, Global Technology Stock Index ETFs, and Utilities ETFs fell as much as 2.63%, Technology Sector ETFs and Banking Sector ETFs dropped up to 1.81%, while Energy Sector ETFs closed up 2.36%.
Since 2026, the semiconductor ETF has maintained a cumulative increase of 54.48%, the energy ETF has increased by 33.81%, the global technology stock index ETF has risen by 25.79%, while the global airline ETF has cumulatively fallen by 8.94%.
20:28
According to a filing with the US Securities and Exchange Commission (SEC), Advanced Micro Devices has entered into a new credit agreement.
The agreement provides the company with an unsecured revolving credit facility of up to $5 billion. This financing arrangement has a term of five years and is designed to enhance the company’s financial flexibility and liquidity reserves. The revolving credit mechanism allows Advanced Micro Devices to draw, repay, and redraw funds at any time during the effective period of the agreement according to its operating capital needs, offering strong financial support for its strategic investments and daily operations.
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