
Shares of U.S.-listed Chinese companies were trading mixed in Hong Kong on Wednesday morning, with tech stocks taking a hit.
Alibaba Group Holding (NYSE:BABA), JD.com Inc (NASDAQ:JD), and Baidu Inc (NASDAQ:BIDU) traded in the red, while Tencent Holdings (OTC:TCEHY) was slightly higher. In the electric vehicle segment, Nio Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), and Xpeng Inc (NYSE:XPEV) were in the green at press time.