Most popular Chinese concept stocks rose, with Tencent Music rising more than 4%. Ideal Automobile rose more than 2%, iQiyi, NetEase, Pinduoduo, Alibaba, Bilibili, and Baidu rising more than 1%. Futu Holdings, JD.com, and Vipshop saw a slight increase. Weibo fell more than 4%, while Xiaopeng Motors fell more than 1%.