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Popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising by over 1%. Manbang rose more than 12%, Pinduoduo rose more than 3%, Baidu, JD.com, and Futu Holdings rose more than 2%, NetEase rose more than 1%, and Alibaba and Weibo rose slightly. NIO fell more than 4%, Ideal Automobile, iQiyi, and Xiaopeng Automobile fell more than 3%, Bilibili fell more than 1%, Tencent Music and Vipshop slightly declined.
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