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Popular Chinese concept stocks fluctuate, with Pinduoduo rising more than 4%, Tencent Music rising more than 2%, NIO rising more than 1%, and Baidu, NetEase, and Alibaba slightly rising. Weibo fell more than 10%, Bilibili fell more than 4%, Ideal Automobile and Xiaopeng Automobile fell more than 3%, Vipshop and Futu Holdings fell more than 1%, and JD.com fell slightly.
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