Most of the popular Chinese stocks fell, with the Nasdaq China Golden Dragon Index falling 1.73%, falling for four consecutive days and accumulating a 2.31% drop this week. MINISO fell more than 8%, Kingsoft Cloud fell more than 6%, TAL fell more than 5%, NIO and Beike fell more than 4%, iQIYI, New Oriental, and Pinduoduo fell more than 3%, Li Auto, Xpeng Motors, and Bilibili fell more than 1%; ZEKR rose more than 3%, and Baidu rose slightly.