As of the news release time on May 27, 2026, during pre-market trading in the United States, the majority of well-known Chinese concept stocks experienced a general downturn. Specifically, Pinduoduo witnessed a significant drop of over 8%. Bilibili and Li Auto also saw their stock prices decline by more than 3%. Meanwhile, Alibaba and XPeng Group's stocks fell by over 2%, and JD.com and iQIYI's shares decreased by more than 1%. In contrast, Baidu emerged as an outlier, with its stock price rising by over 2%.
