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Benzinga

World

Bhavik Nair

Alibaba Jumps 7%, Nio Surges 13%: Hang Seng Breaches 17,000-mark For 1st Time Since Mid-October

Hang Seng Alibaba NIO Nasdaq Hong Kong CATL China Inflation NYSE

Hong Kong stocks rose on Friday, with the benchmark Hang Seng opening over 5% higher, as softer-than-expected inflation in the U.S. sparked optimism among investors and traders that price rises may have peaked out.

Hong Kong Stocks Today
Stock	Movement
Alibaba Group Holding Ltd. (NYSE:BABA)	7.86%
JD.com Inc (NASDAQ:JD)	10.13%
Baidu Inc (NASDAQ:BIDU)	6.07%
Tencent Holdings Ltd. (OTC:TCEHY)	7.52%
Meituan (OTC:MPNGF)	9.8%
Nio Inc (NYSE:NIO)	13.22%
XPeng Inc (NYSE:XPEV)	6.86%
Li Auto Inc (NASDAQ:LI)	7.7%

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Lawyer of arrested OpenAI engineer says allegations are 'wholly out of character,' one-way ticket to Saudi Arabia was 'prepaid'

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One subscription that gives you access to news from hundreds of sites

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Lawyer of arrested OpenAI engineer says allegations are 'wholly out of character,' one-way ticket to Saudi Arabia was 'prepaid'

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