On November 26, a selection of well-known Chinese American Depositary Receipts (ADRs) demonstrated a diverse range of pre-market performance trends in the U.S. market. Specifically, Alibaba, JD.com, Pinduoduo, and Weibo each witnessed an uptick of over 1%, while NIO registered a 0.75% increase. Conversely, Li Auto experienced a downturn, with its shares plummeting by more than 2%. XPeng and Bilibili also faced setbacks, with both companies' shares dropping by over 1%. NetEase's shares dipped by 0.96%, and Baidu's stock declined by 0.18%. Against this backdrop, the Nasdaq Golden Dragon China Index (HXC) managed a slight 0.35% gain. Notably, individual stocks within the index fared differently. Hesai Technology's shares skyrocketed nearly 11%, while Pony.ai's stock rose by 5.88%. Additionally, XPeng and Bilibili, despite their earlier declines, managed to climb over 3% at certain points. On the flip side, NIO's shares took a hit, falling 4.35%. Alibaba's stock dropped by 2.31%, Baidu's declined by 1.12%, and LexinFintech's shares plummeted by over 9%.