BUZZ-China ADRs slide after local stocks end week at 4-1/2 month low

Reuters07-05

** U.S.-listed shares of Chinese companies fall premarket

** China stocks closed the week at 4-1/2 month low, weighed by financial and consumer shares, while investors braced for moves from country's central bank that could affect market sentiment

** E-commerce firms Alibaba Group Holding , JD.com Inc and PDD Holdings fall between 0.9% and 1.9%

** Gaming stocks Bilibili Inc slides 0.6% and peer NetEase Inc down 2.5%. Search engine giant Baidu Inc

sheds 1.2%

** EV firms Li Auto Inc , Nio Inc and Xpeng Inc slip between 1.4% and 5.2%

** Music streaming co Tencent Music Entertainment Group

and online video platform IQIYI Inc fall 1.4% and 2%, respectively

** Online brokerages Futu Holdings Ltd and UP Fintech Holding Ltd dip 1.2% and 0.6%, respectively

** China ETFs such as IShares MSCI China ETF , China Large-Cap ETF and KraneShares CSI China Internet ETF

fall 0.9%-1.6%, while Direxion China CSI Daily Bull 2X

slides 2.9%

(Reporting by Roshan Abraham in Bengaluru)

((Roshan.abraham@thomsonreuters.com))

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