On July 2nd, during the pre-market trading session in the United States, a broad decline was observed among popular Chinese concept stocks. Notably, Baidu's stock price plummeted by more than 3%. Meanwhile, other prominent players such as Nio, Li Auto, and XPeng also experienced a downturn, with their stock prices falling by over 2%. Additionally, Pinduoduo, NetEase, and Alibaba saw their stock prices decline by more than 1%.
