U.S. stock market anomaly | Most popular Chinese concept stocks fell, with XPeng Inc. (XPEV.US) dropping nearly 5%

According to the Wise Financial App, on Thursday, most popular Chinese concept stocks fell, with the Nasdaq Golden Dragon Index's decline reaching 1%. Alibaba (BABA.US) and Futu Holdings (FUTU.US) both fell by about 2%, while Li Auto (LI.US) fell by over 1% and XPeng (XPEV.US) fell by nearly 5%. On the news side, after opening higher, the three major Hong Kong stock indices fell back this morning, with the Hang Seng Index turning lower in the afternoon. As of the close, the Hang Seng Tech Index fell by 0.4% to 4454.28 points.