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Popular Chinese concept stocks fluctuate, with Ideal Automobile rising more than 3%. Ideal Automobile rose more than 3%, Vipshop rose more than 1%, and iQiyi, Weibo, JD.com, Alibaba, and Futu Holdings slightly rose. NetEase fell 5%, while Xiaopeng Motors and NIO fell more than 2%. Bilibili, Pinduoduo, Tencent Music, and Baidu saw a slight decline.
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