Chinese tech stocks are getting slammed (BABA, JD, BIDU, NIO, IQ, PDD)

Chinese tech stocks traded in the US are set to take hit Thursday.
China's Shanghai Composite plunged more than 5% overnight.
On Thursday morning, all the US major tech giants are lower ahead of the opening bell.
Watch Alibaba, iQiyi, JD.com, Baidu.com, Pinduoduo, Nio trade in real time here.Chinese tech stocks traded in the US are set to take hit Thursday as both tech stocks and Chinese stocks have been punished overnight.
Thursday's sell-off comes a