In pre-market trading, a broad array of popular Chinese stocks listed in the U.S. market experienced significant declines. As of this report, Li Auto saw a drop of over 5%, while JD.com and XPeng Motors fell more than 3%. Baidu, iQIYI, Bilibili, and NIO each declined by more than 2%. Alibaba, Pinduoduo, and NetEase each dipped by over 1%. Notably, Zhihu defied the downward trend, recording a gain of more than 6%.
