U.S.-listed Chinese ADRs mostly declined overnight, with Yunmi rising 25.93% to $1.36, according to ETNet. Among major names, Alibaba fell 0.77% to $108.56, Baidu dropped 1.56% to $90.59, Bilibili lost 2.77% to $15.47, Tencent slipped 1.65% to $53.79 and PDD eased 0.98% to $77.84. In other sectors, Li Auto fell 2.18% to $11.65, Nio declined 3.24% to $3.58 and XPeng dropped 2.18% to $10.34. BeiGene fell 2.62% to $341.80, Hutchmed lost 3.32% to $13.12 and Zai Lab declined 3.63% to $24.17. The dollar was quoted at HK$7.8407.
