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Benzinga
Benzinga
World
Bhavik Nair

Alibaba Holds It Together, EV Stocks Shine As Wider Hang Seng Falls: Key Events Driving Hong Kong Stocks Today

Hong Kong’s benchmark index Hang Seng today opened in the red, losing 0.23% in Friday morning trade as investors took cues from a mixed session on Wall Street the day before. U.S. indices ended mixed earlier on Thursday despite a fall in the producers’ prices.

EV shares surged in Hong Kong trading on Friday. Tesla Inc (NASDAQ:TSLA) rival XPeng's shares shot up over 4% in morning trade while NIO and Li Auto gained over 2%.

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