Chinese ADRs & ETFs Mixed Premarket as Strong Rally Spurs Profit Taking

Tiger Newspress

13 Feb

China ADRs & ETFs mixed in premarket trading. Baidu rose 2%; Bilibili, Alibaba up 0.5%; Kingsoft Cloud fell 5%; YINN, Li Auto fell 4%; XPeng fell 3%; PDD fell 2%; NIO, JD.com fell 1%.

Chinese technology stocks fell as traders took some money off the table following a rally driven by optimism over the country’s artificial intelligence potential.

Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.

Chinese ADRs soar in overnight trading, then surrender part of the rally.

Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.

“The Chinese stock market has been on a long upward trend, but today we finally see some signs of profit-taking,” said Dickie Wong, executive director of research at Kingston Securities Ltd. “For AI concept stocks, short-term profit-taking is pretty normal.”

Alibaba trimmed gains in overnight trading Thursday upon confirmation that Apple Inc. is working with the e-commerce pioneer to roll out AI features in China — an event that had driven the stock in recent sessions.

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Baidu rose 2%; Bilibili, Alibaba up 0.5%; Kingsoft Cloud fell 5%; YINN, Li Auto fell 4%; XPeng fell 3%; PDD fell 2%; NIO, JD.com fell 1%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/531b76015b4f034eeb3ea06d929d3a74\" tg-height=\"501\" tg-width=\"440\"/></p><p>Chinese technology stocks fell as traders took some money off the table following a rally driven by optimism over the country’s artificial intelligence potential.</p><p>Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.</p><p>Chinese ADRs soar in overnight trading, then surrender part of the rally. </p><p>Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.</p><p>“The Chinese stock market has been on a long upward trend, but today we finally see some signs of profit-taking,” said Dickie Wong, executive director of research at Kingston Securities Ltd. “For AI concept stocks, short-term profit-taking is pretty normal.”</p><p>Alibaba trimmed gains in overnight trading Thursday upon confirmation that Apple Inc. is working with the e-commerce pioneer to roll out AI features in China — an event that had driven the stock in recent sessions.</p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Chinese ADRs & ETFs Mixed Premarket as Strong Rally Spurs Profit Taking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese ADRs & ETFs Mixed Premarket as Strong Rally Spurs Profit Taking\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-02-13 17:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>China ADRs & ETFs mixed in premarket trading. Baidu rose 2%; Bilibili, Alibaba up 0.5%; Kingsoft Cloud fell 5%; YINN, Li Auto fell 4%; XPeng fell 3%; PDD fell 2%; NIO, JD.com fell 1%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/531b76015b4f034eeb3ea06d929d3a74\" tg-height=\"501\" tg-width=\"440\"/></p><p>Chinese technology stocks fell as traders took some money off the table following a rally driven by optimism over the country’s artificial intelligence potential.</p><p>Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.</p><p>Chinese ADRs soar in overnight trading, then surrender part of the rally. </p><p>Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.</p><p>“The Chinese stock market has been on a long upward trend, but today we finally see some signs of profit-taking,” said Dickie Wong, executive director of research at Kingston Securities Ltd. “For AI concept stocks, short-term profit-taking is pretty normal.”</p><p>Alibaba trimmed gains in overnight trading Thursday upon confirmation that Apple Inc. is working with the e-commerce pioneer to roll out AI features in China — an event that had driven the stock in recent sessions.</p><p></p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TME","symbol_name":"腾讯音乐","start_time":0,"source_url":"","article_id":"1116685504","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116685504","pubTimestamp":1739437781,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"China ADRs & ETFs mixed in premarket trading. Baidu rose 2%; Bilibili, Alibaba up 0.5%; Kingsoft Cloud fell 5%; YINN, Li Auto fell 4%; XPeng fell 3%; PDD fell 2%; NIO, JD.com fell 1%.Chinese technolog","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TME":"腾讯音乐","PDD":"拼多多","XPEV":"小鹏汽车","LI":"理想汽车","TCOM":"携程网","EDU":"新东方","BILI":"哔哩哔哩","RLX":"雾芯科技","IQ":"爱奇艺","BIDU":"百度","NIO":"蔚来","GOTU":"高途","VIPS":"唯品会","WB":"微博","BABA":"阿里巴巴","YY":"欢聚集团","JD":"京东","NTES":"网易","BEKE":"贝壳"},"translate_title":"强劲反弹刺激获利回吐，中国ADR和ETF盘前涨跌互现","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":1.1,"YY":1.1,"XPEV":1.1,"WB":1.1,"VIPS":1.1,"TME":1.1,"TCOM":1.1,"RLX":1.1,"PDD":1.1,"NTES":1.1,"BABA":1.1,"LI":1.1,"JD":1.1,"IQ":1.1,"GOTU":1.1,"EDU":1.1,"CNmain":1.1,"BILI":1.1,"BIDU":1.1,"BEKE":1.1},"content_text":"China ADRs & ETFs mixed in premarket trading. Baidu rose 2%; Bilibili, Alibaba up 0.5%; Kingsoft Cloud fell 5%; YINN, Li Auto fell 4%; XPeng fell 3%; PDD fell 2%; NIO, JD.com fell 1%.Chinese technology stocks fell as traders took some money off the table following a rally driven by optimism over the country’s artificial intelligence potential.Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.Chinese ADRs soar in overnight trading, then surrender part of the rally. Thursday’s setback may do little to dent insatiable demand for the sector, after the rise of Chinese AI startup DeepSeek has sparked a hunt for beneficiaries from the country’s advancement in large language models.“The Chinese stock market has been on a long upward trend, but today we finally see some signs of profit-taking,” said Dickie Wong, executive director of research at Kingston Securities Ltd. “For AI concept stocks, short-term profit-taking is pretty normal.”Alibaba trimmed gains in overnight trading Thursday upon confirmation that Apple Inc. is working with the e-commerce pioneer to roll out AI features in China — an event that had driven the stock in recent sessions.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}