The Hang Seng Index opened 1.5% lower on Tuesday, as investors factored in the possibility of an aggressive rate hike in the U.S. when the Federal Open Market Committee meets in September. Market participants also weighed the results of a survey that showed American firms’ optimism about China hit a record low.
| Stock | Movement |
|---|---|
| Alibaba Group Holding Ltd. (NYSE:BABA) | -0.63% |
| JD.com Inc (NASDAQ:JD) | -0.16% |
| Baidu Inc (NASDAQ:BIDU) | -1.78% |
| Tencent Holdings Ltd. (OTC:TCEHY) | -0.74% |
| Meituan (OTC:MPNGF) | -0.91% |
| Nio Inc (NYSE:NIO) | 0.46% |
| XPeng Inc (NYSE:XPEV) | -1.16% |
| Li Auto Inc (NASDAQ:LI) | -2.05% |
