In the Grid Report on October 11th, the top five stocks with the largest decline in Chinese concept stocks are: fangdd network, down 30.68%; ambow education, down 28.72%; luokung technology, down 21.14%; oriental culture, down 16.85%; xiao-i, down 16.67%. Among them, fangdd network has set the issue price at 88 cents per share, announcing the pricing of a direct issue of 4.5 million US dollars.