STOCKS | U.S.-Listed Chinese ADRs Mostly Fall Overnight
U.S.-listed Chinese ADRs mostly declined overnight, with Alibaba, Baidu, JD.com, PDD Holdings and Bilibili among the names under pressure, according to ETNet. Alibaba fell 4.10% to $114.02, Baidu dropped 1.89% to $95.28, JD.com lost 1.74% to $28.24 and PDD Holdings slipped 1.97% to $84.00. Among other movers, Futu Holdings fell 1.71% to $122.14, Beike shed 6.17% to $17.19 and Lexin declined 9.32% to $1.07. Among the few gainers, Cheetah Mobile rose 2.42% to $3.38, DouYu added 1.17% to $4.33, iQIYI gained 1.51% to $0.93 and Yunmi climbed 8.79% to $0.95. The dollar was quoted at HK$7.8384.
