China ADRs fall after recent stimulus-driven rally
** U.S.-listed shares of Chinese firms fall premarket, mirroring movement in Hong Kong stocks
** Hong Kong shares fell on Thursday after taking a pause from a rally fueled by fresh stimulus by China
** Stimulus measures were introduced to lend a boost to Chinese economy and benefited domestic stocks as well as their U.S.-listed counterparts
** E-commerce firms fall: JD.com JD.O, Alibaba Group Holding BABA.N and PDD Holdings PDD.O decline between 2.9% to 3.2%
** Gaming stock Bilibili BILI.O drops 6.2%, while social media co Weibo WB.O slips 5,5% and Tencent Music Entertainment Group TME.N falls 4.3%
** Online brokerages Futu Holdings FUTU.O and UP Fintech Holding TIGR.O down 2.9% and 6.1%, respectively
** Online education firm Gaotu Techedu GOTU.N down 4.7%, online video platform iQIYI IQ.O down 4.4%, whereas EV firm Nio NIO.N and down 4.6%
** iShares MSCI China ETF MCHI.O down 2.6% but has gained ~32.4% in last two weeks
** Other Chinese ETFs such as KraneShares CSI China ETF KWEB.P down 3.6% and iShares China Large-Cap ETF FXI.P down 2.3%
Reporting by Nikhil Sharma in Bengaluru
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