Popular Chinese concept stocks mostly rose on Thursday, with Xiaopeng Motors rising more than 11%.

On Thursday, most popular Chinese concept stocks rose, with the Nasdaq Golden Dragon China rising 1.35%. Pinduoduo rose more than 4%, NetEase rose more than 1%, XPeng Motors rose more than 11%, Manbang rose more than 10%, and NIO rose more than 9%. Alibaba fell more than 1%, and Bilibili fell more than 6%.