Popular Chinese concept stocks fell more than 4% on JD.com, with JD.com falling more than 4%, Alibaba falling more than 3%, Vipshop and iQiyi falling more than 2%, Baidu, Tencent Music, Pinduoduo, and NetEase falling more than 1%, while Futu Holdings, NIO, Xiaopeng Motors, and Bilibili fell slightly. Ideal cars saw a slight increase.