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The Nasdaq Golden Dragon China Index initially fell by 3.8%, and the FTSE A50 night futures are currently down 0.4%. Popular Chinese concept stocks Nio fell by 8.8%, XPeng fell by 7.2%, Bilibili fell by 5.2%, Tencent fell by 5%, Alibaba fell by 4.5%, while Pinduoduo rose by 3.9%. Chinese concept ETFs YINN fell by 8.4%, CQQQ fell by 3.5%, and KWEB fell by 3.4%