
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%.