Hong Kong shares opened in the red on Friday, with the benchmark Hang Seng falling 1.5%, as mixed earnings prompted traders and investors to pare positions before the end of the week. Warren Buffett-owned BYD Co (OTC:BYDDF) (OTC:BYDDY) along with three of China’s top lenders are scheduled to report their earnings today.
| Stock | Movement |
|---|---|
| Alibaba Group Holding Ltd. (NYSE:BABA) | -3.62% |
| JD.com Inc (NASDAQ:JD) | -4.39% |
| Baidu Inc (NASDAQ:BIDU) | -4.36% |
| Tencent Holdings Ltd. (OTC:TCEHY) | -4.22% |
| Meituan (OTC:MPNGF) | -4.86% |
| Nio Inc (NYSE:NIO) | -6.96% |
| XPeng Inc (NYSE:XPEV) | -10.15% |
| Li Auto Inc (NASDAQ:LI) | -6.89% |
