In pre-market trading in the United States, popular Chinese concept stocks experienced a broad-based decline. Notably, Bilibili and XPeng Group saw their stock prices tumble by more than 5%. Li Auto and Nio weren't far behind, with drops exceeding 3%. Meanwhile, industry giants like Alibaba, Weibo, and Pinduoduo also witnessed declines of over 2%. JD.com, although relatively more resilient, still registered a 0.37% decrease.
