Popular Chinese concept stocks have mixed ups and downs, with Xiaopeng Automobile falling more than 4%. Popular Chinese concept stocks have mixed ups and downs, with Futu Holdings and Vipshop up more than 1%, while NetEase, Baidu, JD.com, and Alibaba have slightly increased. Xiaopeng Automobile fell more than 4%, NIO fell more than 3%, Ideal Automobile and Weibo fell more than 1%, while Tencent Music, iQiyi, Bilibili, and Alibaba slightly declined.