On January 22nd, the Nasdaq China Golden Dragon Index closed down 0.36%, with popular Chinese concept stocks experiencing mixed gains and losses. Xiaopeng Motors rose over 6%, Ideal Motors rose over 5%, Futu Holdings rose over 4%, and iQiyi rose over 2%; New Oriental fell over 23%, TAL Education has fallen over 6%, NIO has fallen over 4%, and JD.com and Pinduoduo have fallen over 1%.
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