Popular Chinese concept stocks mostly fell on Thursday.

On Thursday, most popular Chinese concept stocks fell, with the Nasdaq Golden Dragon Index dropping by 3.26%. Alibaba fell by over 3%, Pinduoduo fell by over 4%, Ctrip fell by over 3%, JD.com fell by over 1%, Baidu fell by over 4%, Tencent Music fell by over 5%, Xiaopeng fell by over 4%, Ideal fell by over 2%, Nio fell by over 6%, Full Truck Alliance fell by over 7%, and Bilibili fell by over 4%.