On October 15th local time, the US stock market closed with popular Chinese concept stocks falling, and the Nasdaq China Golden Dragon Index fell by 5.92%. Futu Holdings and JD.com fell over 9%, Bilibili, Vipshop, and Manbang fell over 6%, Pinduoduo, Ideal Auto, iQiyi, Alibaba, and Baidu fell over 5%, Xiaopeng Motors fell over 4%, Weibo, NetEase, and Tencent Music fell over 3%, and NIO fell over 2%.