Popular Chinese concept stocks mostly closed higher in the closing session.

On Tuesday, most popular Chinese concept stocks closed higher, with the Nasdaq Golden Dragon Index rising by 0.42%. iQIYI rose by more than 7%, Baidu, Huya, and Kingsoft Cloud rose by more than 2%, Alibaba, NetEase, and Xiaopeng Motors rose by more than 1%, while NIO fell by over 1%. XPeng Motors and JD experienced a slight decline.