Hong Kong’s benchmark Hang Seng Index was in the red on Friday, losing over 0.5% in opening trade, despite a continuing rally on Wall Street. Alibaba shares fell close to 4% following reports Chinese billionaire Jack Ma is planning to cede control of Ant Group.
| Stock | Movement |
|---|---|
| Alibaba Group Holding Ltd. (NYSE:BABA) | -3.80% |
| JD.com Inc (NASDAQ:JD) | 0.16% |
| Baidu Inc (NASDAQ:BIDU) | -0.51% |
| Tencent Holdings Ltd. (OTC:TCEHY) | -0.87% |
| Meituan (OTC:MPNGF) | -0.64% |
| Nio Inc (NYSE:NIO) | 2.38% |
| XPeng Inc (NYSE:XPEV) | 0.16% |
| Li Auto Inc (NASDAQ:LI) | -0.46% |
