On October 22, 2025, during the pre-market trading session of U.S. stocks, a majority of the well-known Chinese concept stocks witnessed a downturn. Specifically, NetEase's stock price plummeted by more than 3%. Bilibili saw a decline exceeding 1%, while XPeng's shares dropped by 0.98%. Baidu's stock fell by 0.67%, Pinduoduo's by 0.54%, and JD.com's by 0.46%. In contrast, NIO's stock surged by over 1%, Alibaba's rose by 0.23%, and Li Auto's experienced a modest increase of 0.05%.
