Popular Chinese Stocks Decline Pre-Market: BILI, FUTU, XPEV Suffer Major Losses
Group 1 - Several prominent Chinese stocks have experienced significant declines in pre-market trading, indicating a shift in investor sentiment or market conditions [1][2] - Bilibili (BILI) saw its shares fall by more than 15%, suggesting potential challenges for the company [1] - Futu Holdings (FUTU) faced a nearly 14% drop in stock value, reflecting concerns within the broader market or specific to its operations [1] Group 2 - XPeng Motors (XPEV) reported a loss of over 12% in its stock value, indicating market pressures affecting its performance [2] - iQIYI and Li Auto experienced declines exceeding 11%, contributing to a general downturn for popular Chinese stocks in the pre-market session [2]