📰 U.S.-LISTED SHARES OF CHINESE FIRMS FALL PREMARKET AS CHINA STIMULUS-DRIVEN RALLY LOSES MOMENTUM 🔸 ALIBABA DOWN 8.9% 🔸 BILIBILI DOWN 17.2% 🔸 TENCENT MUSIC ENTERTAINMENT DOWN 11.9% 🔸 PDD HOLDINGS DOWN 12.2% 🔸 NETEASE DOWN 9.7% 🔸 BAIDU DOWN 10.1% 🔸 LI AUTO DOWN 11.7% 🔸 JD. COM DOWN 12.5% 🔸 NIO DOWN 14.4% 🔸 XPENG DOWN 12.1% 🔸 FUTU HOLDINGS DOWN 18.6% 🔸 ISHARES MSCI CHINA ETF DOWN 13.5% 🔸 KRANESHARES CSI CHINA ETF DOWN 13% 🔸 ISHARES CHINA LARGE-CAP ETF DOWN 11.6%