On October 23rd local time, most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 0.93%. Xiaopeng Automobile rose by over 3%, Tencent Music rose by over 2%, Ideal Automobile, JD, Pinduoduo rose by over 1%, and Bilibili, Baidu, Alibaba, NetEase, and NIO rose slightly. Manbang and iQiyi fell by over 1%, while Vipshop, Futu Holdings, and Weibo slightly declined.