Most of the popular Chinese concept stocks fell, with Baidu falling more than 4%. Most of the popular Chinese concept stocks fell, with Baidu falling more than 4%, JD.com falling more than 3%, iQiyi, Tencent Music, and NetEase falling more than 2%, Bilibili falling more than 1%, and Weibo, Alibaba, and Ideal Automobile slightly falling. Futu Holdings, Xiaopeng Motors, and NIO slightly increased.