The majority of well-known Chinese concept stocks are experiencing a downturn in pre-market trading on U.S. exchanges, with NetEase witnessing a decline exceeding 2%. Other notable decliners include Bilibili, Tencent Music, Alibaba, JD.com, and Pinduoduo, all of which have seen their shares fall by more than 1%. Conversely, Pony.ai has bucked the trend, rising over 1%, while XPeng Motors has also posted a gain, albeit a more modest 0.82%.
