Most popular Chinese concept stocks are rising.
On Friday, most popular Chinese concept stocks rose, with the Nasdaq Golden Dragon Index closing up 0.74%. Nio rose more than 7%, Bilibili and Xiaomazhixing both rose more than 4%, Pinduoduo rose more than 3%, while Li Auto, XPeng, and Baidu each rose more than 1%. TSMC and Alibaba both fell nearly 1%.
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