On December 1, 2025, the pre-market trading of U.S.-listed Chinese concept stocks presented a varied picture. NetEase's stock price climbed by more than 2%, whereas Alibaba, iQIYI, and Weibo each witnessed an uptick of over 1%. In contrast, NIO's shares took a hit, plummeting by more than 3%. XPENG Motors also saw a decline, with its stock price dropping over 2%, while Li Auto and Futu Holdings both experienced a fall of more than 1%.
