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Benzinga

World

Bhavik Nair

Alibaba, Nio Fall Over 3% As Hang Seng Tracks Weaker Wall Street Close: All Eyes Now On Aussie Inflation Data

Alibaba NIO United States Inflation Li Auto Hong Kong Australia South China Morning Post Walmart

Shares of Alibaba, Nio and Li Auto lost more than 3% on Wednesday morning with the Hong Kong’s benchmark index Hang Seng falling over 1%, ahead of the release of Australia’s inflation report. The Australian Bureau of Statistics’ forecast indicates a steep incline in inflation, reported 7News.

Hong Kong Tech & EV Stocks Today
Stock	Movement
Alibaba Group Holding Ltd. (NYSE:BABA)	-3.26%
JD.com Inc (NASDAQ:JD)	-1.27%
Baidu Inc (NASDAQ:BIDU)	-2.35%
Tencent Holdings Ltd. (OTC:TCEHY)	-0.55%
Meituan (OTC:MPNGF)	0.52%
Nio Inc (NYSE:NIO)	-3.74%
XPeng Inc (NYSE:XPEV)	-2.84%
Li Auto Inc (NASDAQ:LI)	-4.01%

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Top stories on inkl right now

Social Security recipients to get 3.6% cost of living boost, an average of $75 per month

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The Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027

The Independent UK

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The university has banned fraternity parties for the rest of the year

The Independent UK

Why won’t India’s election chief resign despite massive protests against him?

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As demonstrations sweep India demanding Gyanesh Kumar’s ouster for allegedly manipulating voter rolls, analysts tell Namita Singh the confrontation is about far more than one official

The Independent UK

Ken Paxton stirs vaccine skepticism to ingratiate himself with Maha movement

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Texas AG and US Senate hopeful announced inquiry into alleged conspiracy between pediatricians, vaccine makers and insurance firms

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

Already a member? Sign in here

Five Probable Measles Cases in One Rock County Household Have No Known Link to Southwest Wisconsin Outbreak

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Five probable measles cases in one Rock County, Wisconsin, household are not tied to the state's larger outbreak. Here is what families should check.

France and Chad sign 'renewed' defence partnership following two-year hiatus

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