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Benzinga
Benzinga
World
Bhavik Nair

Alibaba, Nio Fall: Hong Kong Stocks Weaken As China COVID-19 Cases Rise, US Midterm Results Eyed

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng losing over 1%, as investors and traders await the results of the U.S. midterm elections and China’s producer prices dropped into deflation for the first time in about two years.

Hong Kong Stocks Today
Stock Movement
Alibaba Group Holding Ltd. (NYSE:BABA)  -1.12%
JD.com Inc (NASDAQ:JD) -1.40%
Baidu Inc (NASDAQ:BIDU) -2.39%
Tencent Holdings Ltd. (OTC:TCEHY)           -2.44%
Meituan (OTC:MPNGF) -3.7%
Nio Inc (NYSE:NIO) -4.69%
XPeng Inc (NYSE:XPEV) -3.05%
Li Auto Inc (NASDAQ:LI) 1.72%
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