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Benzinga
Benzinga
World
Navdeep Yadav

Alibaba Falls 1%, Nio Gains 4%: What's Weighing On Hong Kong Stocks Today

Shares of major U.S.-listed Chinese companies were trading mixed in Hong Kong on Thursday, as major tech stocks like Alibaba Group Holdings (NYSE:BABA) and Tencent Holdings (OTC:TCEHY) slipped, while Baidu Inc (NASDAQ:BIDU) and JD.com Inc (NASDAQ:JD) were trading higher.

In the electric vehicle segment, Li Auto Inc (NASDAQ:LI) led gains, while Nio Inc (NYSE:NIO) and Xpeng Inc (NYSE:XPEV) gained at least 2% each in early trading.

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