U.S.-listed shares of Chinese companies like Pinduoduo Inc PDD.O, Bilibili Inc BILI.O and JD.com Inc JD.O slipped between 2.3% and 3%. Although several policymakers have signaled a shift to smaller increases to allow the economy to absorb any monetary policy shocks, they have also underscored the need for a longer period of tightening to combat sticky inflation. Best Buy Co Inc BBY.N jumped over 7% after forecasting a smaller-than-expected drop in annual sales ahead of the holiday season, as steep discounts help soften the blow to electronics demand from rising prices.