Popular Chinese concept stocks fell by nearly 9%, with the Nasdaq China Golden Dragon Index down 1.58%. Douyu fell nearly 9%. On November 27, Douyu announced that on November 24, 2023, the company's board of directors will establish a temporary management committee, consisting of Mr. Su Mingming, the company's director and chief strategic officer, Mr. Cao Hao, the company's director and vice president, and Ms. Ren Simin, the company's director.