Popular Chinese concept stocks fluctuated, with Pinduoduo rising over 18%. The Nasdaq China Golden Dragon Index fell 0.33%. Pinduoduo rose over 18%, Vipshop and Ideal Auto rose over 1%, while Xiaopeng Motors, NIO, and Manbang saw a slight increase. Baidu fell more than 3%, Bilibili and Weibo fell more than 2%, Futu Holdings, iQiyi, and Alibaba fell more than 1%, while JD.com and NetEase saw a slight decline.