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Benzinga
Benzinga
World
Navdeep Yadav

Why Alibaba, Nio, Chinese Peers Are Trading Mixed In Hong Kong Today

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.

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