In pre-market trading in the US, the performance of popular Chinese concept stocks displayed a mixed bag. At the time of writing, NIO witnessed a decline of more than 4%, while XPeng Motors, Alibaba, and Weibo each fell by over 2%. Li Auto, Tiger Securities, JD.com, iQIYI, and NetEase also experienced declines, each slipping by more than 1%. Conversely, Dingdong Maicai surged more than 2%, and Baidu stood out with a gain of over 1%.