Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
World
Navdeep Yadav

Alibaba Slips As Execs Summoned, China Growth Pace Slows — Nio, EV Peers Buck Trend

Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Friday, with tech heavyweights like Alibaba Group Holdings (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.com Inc (NASDAQ: JD), and Tencent Holdings (OTC: TCEHY) being a major drag.

Bucking the weakness, electric vehicle stocks gained, with Xpeng Inc (NYSE: XPEV), Nio Inc (NYSE: NIO), and Li Auto Inc (NASDAQ: LI) trading as much as 2%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.