On January 28th, popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.1%. Futu Holdings fell more than 3%, Ctrip fell more than 2%, and Manbang, NetEase, JD.com, and others fell more than 1%; New Oriental rose by over 3%, while TAL Education, Xiaopeng Motors, Baidu, Beike, and others rose by over 2%. Kingsoft Cloud, Tencent Music, and Ideal Auto rose by over 1%, while Alibaba and Bilibili saw slight increases.
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