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The Nasdaq Golden Dragon China Index initially rose by 0.5%. Among popular Chinese concept stocks, WeRide and Pinduoduo initially rose by 3%, Pony AI rose by 2.6%, Meituan rose by 1.9%, Li Auto, Tencent, JD.com, and Alibaba rose by less than 1%, while XPeng and NetEase fell by over 1%, YUM China fell by 2.8%, Xiaomi fell by 3%, and Nio fell by 5.1%
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