
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%.