During the pre-market trading session of US stocks, a significant majority of sought-after Chinese concept stocks witnessed an uptick. As of the latest update, Alibaba and Li Auto both experienced a notable surge, each climbing more than 3%. Pinduoduo, Baidu, iQIYI, and NetEase also posted gains, with each stock rising over 1%. NIO saw a modest increase of 0.45%. Conversely, Dingdong Maicai faced a downturn, dropping more than 3%, while XPeng also slipped, albeit by a smaller margin of over 1%.
