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Most popular Chinese concept stocks rose by over 3% on Baidu. Weibo and Baidu rose by over 3%, Tencent Music and JD.com rose by over 1%, while Xiaopeng Motors, NIO, iQiyi, and Futu Holdings rose slightly. Pinduoduo fell more than 2%, NetEase, Bilibili, and Alibaba fell more than 1%, while Vipshop and Ideal Automobile saw a slight decline.
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