"},{"content":"As of the latest market update, a broad downturn has hit popular Chinese concept stocks during pre-market trading in the United States. Notably, XPeng has witnessed a steep decline, with its stock value plummeting by more than 4%. Alibaba and Bilibili have also experienced notable drops, each falling over 2%. Meanwhile, Futu Holdings, JD.com, NIO, and Li Auto have not been spared from the downturn, with their shares declining by more than 1% each.
