BUZZ-China ADRs fall on worries a China hawk will be appointed as top US diplomat

Reuters11-12

** Chinese companies' U.S.-listed shares fall in premarket trade on worries a China hawk will be appointed as top U.S. diplomat and take a hard line on trade and tariffs

** Donald Trump is expected to tap Senator Marco Rubio to be his secretary of state, sources told Reuters on Monday

** Shanghai Composite closed 1.4% lower, blue-chip CSI 300 fell 1.1% and Hang Seng closed 2.8% lower

** Alibaba down 3.3%, JD.com falls 5.6% and PDD Holdings down 2.9%

** EV firms Li Auto falls 5.3%, Nio down 4.9% and Xpeng slides 6.2%

** Bilibili down 5.4%, Baidu declines 2.9%, and iQIYI falls 3.1%

** Tencent Music , which missed Q3 rev ests, down 5.9% and Weibo slips 2.6%

** Chinese ETFs such as iShares MSCI China ETF down 2.3%, KraneShares CSI China ETF slides 3.3% and iShares China Large-Cap ETF down 2.7%

(Reporting by Sukriti Gupta in Bengaluru)

((Sukriti.Gupta@thomsonreuters.com;))

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