On November 29th local time, popular Chinese concept stocks generally fell, with the Nasdaq China Golden Dragon Index falling 1.29%. Bilibili fell more than 11%, Ideal Automobile fell more than 5%, Xiaopeng Automobile fell more than 4%, iQiyi and Weibo fell more than 3%, Alibaba, JD, and Futu Holdings fell more than 2%, Baidu fell more than 1%, Tencent Music, Vipshop, NetEase, NIO, and Manbang slightly declined. Pinduoduo rose nearly 2%.