Chinese stocks listed in the U.S. are experiencing a downturn as Beijing implements a reduction in its primary lending rates. What Happened: On Monday’s pre-market, the shares of Chinese companies listed in the U.S. saw a decline during Monday’s pre-market session, according to Benzinga Pro. This follows Beijing’s decision to reduce its primary benchmark lending rates by 25 basis points. At the time of reporting, Alibaba Group Holding Ltd – ADR (NYSE:BABA) experienced a 1.99% drop, while rival PDD Holdings Inc. (NASDAQ:PDD), parent company of Temu, fell by 1.96%. Electric vehicle manufacturers…