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The Nasdaq Golden Dragon China Index initially fell by about 1.3%, roughly flat for the week. On Friday, popular Chinese concept stock Fangdd Network initially fell by about 8%, Pinduoduo, Bilibili, and XPeng fell over 3%, Alibaba fell by 2.8%, NetEase fell by 2.4%, while ZEEKR rose by 1.1% and Nio rose by 3.1%