Chinese ADRs and ETFs extend decline in overnight trading. YINN fell over 19%; Bilibili, KE Holdings fell over 10%; PDD Holdings, Li Auto, iQiyi fell around 9%; NIO, Baidu, JD.com fell around 8%.
FTSE China A50 Index futures dropped about 8%.
DocuSign shares jumped over 5% in overnight trading. DocuSign Inc. will replace MDU Resources Group Inc. in the S&P MidCap 400.
Serve Robotics saw a significant rise of 9.18% in overnight trading. The company gained attention after Seaport Global announced a price target of $12.00 per share for Serve Robotics. This positive outlook from Seaport Global has likely contributed to the stock's upward movement.
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