Popular Chinese concept stocks have fluctuated, with JD.com rising more than 4%, Alibaba rising more than 2%, Pinduoduo, NIO, Vipshop, Baidu rising more than 1%, and iQiyi and Weibo slightly rising. Xiaopeng Motors fell more than 7%, Tencent Music and NetEase fell more than 1%, while Bilibili, Ideal Automobile, and Futu Holdings saw a slight decline.