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China ADRs fall on Moody's outlook cut

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** U.S.-listed shares of Chinese companies fall after Moody's cuts China credit outlook, citing lower growth and property risks

** E-commerce firms Alibaba Group Holding BABA.N, JD.com Inc JD.O and Pinduoduo Inc PDD.O fall between 1.2% and 2.2%

** Gaming stocks Bilibili Inc BILI.O slides 2.34% and peer NetEase Inc NTES.O down 2.4%, while search engine giant Baidu Inc BIDU.O sheds 2%

** EV firms Li Auto Inc LI.O, Xpeng Inc XPEV.N gain between 0.2% and 0.6%, and Nio Inc NIO.N gains 3.4%

** Music streaming co Tencent Music Entertainment Group TME.N and online video platform IQIYI Inc IQ.O down 1.8% and 1.12%, respectively, while social media co Weibo Corp WB.O and live streaming platform Huya Inc HUYA.N lose 1.25% and 0.6%, respectively

** Online education firms Gaotu Techedu Inc GOTU.N, TAL Education Group TAL.N and New Oriental Education & Technology Group Inc EDU.N down 3.1%-3.3%

** Online brokerages Futu Holdings Ltd FUTU.O and UP Fintech Holding Ltd TIGR.O dip 2.7% and 1.9%, respectively

** China ETFs like iShares MSCI China ETF MCHI.O, China Large-Cap ETF FXI.N and KraneShares CSI China Internet ETF KWEB.K fall 1.7%-1.9%, while Direxion China CSI Daily Bull 2X CWEB.K slides 4%

Reporting by Pranav Kashyap in Bengaluru


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