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The Nasdaq Golden Dragon China Index initially rose by 0.5%, with a cumulative decline of about 3.5% in November. Popular Chinese concept stocks Fangdd Network initially rose by 8.3%, ZEEKR rose by 4.1%, NIO rose by 2.4%, Bilibili, NetEase, and XPeng rose by up to 1.6%, while New Oriental fell by 2.1%, and Pinduoduo fell by 2.3%