Hot Chinese concept stocks closed up and down on Friday.

On Friday, popular Chinese concept stocks closed with mixed gains and losses, with the Nasdaq Golden Dragon Index rising by 0.53%. Alibaba fell by over 2%, while Pinduoduo, JD.com, and Baidu dropped by nearly 1%. Futu rose by over 4%, Lixiang rose by over 1%, Nio rose by over 3%, Xiaopeng rose by over 2%, and Full Truck Alliance rose by over 2%.