US Stock Market Move | Popular Chinese concept stocks generally fell, XPeng Inc. ADR Sponsored Class A (XPEV.US) dropped more than 6%.

On Friday, the Nasdaq Golden Dragon Index fell by more than 2%, with popular Chinese concept stocks generally declining. XPeng, Inc. ADR Sponsored Class A (XPEV.US) fell by over 6%, UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US), New Oriental Education & Technology Group, Inc. Sponsored ADR (EDU.US) fell by over 3%, Sohu.com Limited Sponsored ADR (SOHU.US), and Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) fell by over 2%.