During pre-market trading, popular Chinese stocks on the US market experienced notable declines. XPeng fell by more than 7%, while Li Auto and Gaotu both dropped over 5%. Alibaba, TAL Education, and Futu Holding each lost more than 4%. JD.com, Pinduoduo, iQIYI, Bilibili, Tencent Music, Weibo, and NIO all declined by over 3%. Baidu slipped by more than 2%, and NetEase saw a modest decrease of 0.54%.
