Popular Chinese concept stocks mostly closed lower on Tuesday.

On Tuesday, most popular Chinese concept stocks closed lower, with the Nasdaq Golden Dragon Index falling by 1.23%. Alibaba, Ctrip, and Baidu fell by over 1%, Futu rose by over 3%, Xpeng rose by over 1%, Li Xiang fell by over 1%, Manbang fell by over 1%, and New Oriental fell by over 3%.