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Benzinga
Benzinga
World
Bhavik Nair

Alibaba, Other Hong Kong Stocks Show Optimism In Early Trade Even As Analysts Downgrade China Growth Projections

Hong Kong’s Hang Seng index opened in the green on Friday, gaining 0.12% in opening trade, following a muted session on Wall Street. Investors also digested macro news from Japan where the headline inflation rose to 2.6% in July as compared to 2.4% in June.

Hong Kong Stocks Today
Stock Movement
Alibaba Group Holding Ltd. (NYSE:BABA)  0.45%
JD.com Inc (NASDAQ:JD) -1.47%
Baidu Inc (NASDAQ:BIDU) -1.95%
Tencent Holdings Ltd. (OTC:TCEHY)           0.77%
Meituan (OTC:MPNGF) -0.35%
Nio Inc (NYSE:NIO) -1.28%
XPeng Inc (NYSE:XPEV) 0.12%
Li Auto Inc (NASDAQ:LI) 1.51%
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