Popular Chinese concept stocks are, on the whole, witnessing a downward trend in U.S. pre-market trading. As of the moment of this report, Bilibili's stock has taken a significant hit, with a decline nearing 6%. Other notable players have also faced losses: Alibaba, Baidu, and iQIYI have all seen their stock values drop by more than 3%. Meanwhile, JD.com, Pinduoduo, NetEase, and XPeng have not fared much better, with each experiencing a decline exceeding 2%. Additionally, NIO and Li Auto have both seen their stocks dip by more than 1%.
