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Popular Chinese concept stocks fell by nearly 6% after Alibaba's performance fell

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The US stock market opened high and rose, with the Nasdaq up 0.95%, reaching a new high since January 2022; The S&P 500 index rose 0.82%, and the Dow Jones rose 0.4%, both hitting new historical closing highs. Popular Chinese concept stocks generally fell, with the Nasdaq China Golden Dragon Index falling 1.18%.
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