On Tuesday, the Nasdaq Golden Dragon China Index fell by more than 1%. Popular Chinese stocks mostly declined, with Futu Holdings (FUTU.US) dropping over 5%, XPeng (XPEV.US) down nearly 4%, UP Fintech Holding (TIGR.US) falling more than 3%, Li Auto (LI.US) slipping close to 2%, and Alibaba (BABA.US) declining over 1%.
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