On September 2, during the pre-market trading session in the United States, a majority of the highly sought-after Chinese concept stocks witnessed a downward trend. Specifically, NIO experienced a significant drop of over 3%. Bilibili's stock also fell, albeit by a slightly lesser margin of over 1%. XPeng's shares decreased by 0.88%, while Li Auto's stock declined by 0.84%. JD.com's shares fell by 0.75%, Pinduoduo's by 0.44%, and Alibaba's by 0.35%. In contrast, UP Fintech's stock rose by over 1%, and iQIYI's shares increased by 0.98%.
