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Benzinga
Benzinga
World
Navdeep Yadav

Why Alibaba, Nio, Chinese Peers Are Surging in Hong Kong Today

Alibaba NIO BABA Hong Kong Nasdaq NYSE Tencent Tencent Holdings World Bank

Shares of U.S.-listed Chinese companies were trading higher in Hong Kong on Wednesday morning, led by positive global cues.

Major tech giants like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), and Tencent Holdings (OTC: TCEHY) gained at least 4% at press time. 

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