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The Nasdaq Golden Dragon China Index closed down 0.5% at the beginning, with a cumulative decline of about 1.4% for the week. Popular Chinese concept stocks Xiaoma Zhixing closed up about 4.8%, New Oriental up 2%, Xiaomi up 1%, Alibaba, JD.com, Baidu, Tencent ADR, Bilibili, Li Xiang, NetEase down 0.3%-2.9%.
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