Popular Chinese concept stocks rose by over 10%, with Xiaopeng Automobile rising by over 10%, Ideal Automobile and Bilibili rising by over 7%, NIO and Weibo rising by over 6%, Tencent Music and iQiyi rising by over 5%, NetEase rising by over 4%, Futu Holdings and Baidu rising by over 3%, Alibaba rising by over 2%, and JD and Vipshop rising by over 1%.