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Benzinga
Benzinga
World
Bhavik Nair

Nio, EV Peers Surge, Alibaba Edges Higher As Hang Seng Takes Strong Cues From Wall Street

NIO Nasdaq NYSE Li Auto Li Auto Inc Nio Inc Hong Kong

U.S.-listed Chinese electric-vehicle stocks surged in early Hong Kong trading on Friday, with Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) adding more than 4%, following a firmer close on Wall Street overnight for a third straight session.

The Hang Seng Index rose 0.8% at the open after having ended in the red on Thursday, dragged by financials and property stocks.

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