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Benzinga

World

Navdeep Yadav

Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today

BABA Alibaba Nasdaq JD Hong Kong Baidu Alibaba Group Holding Ltd Baidu Inc BIDU NYSE

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), JD.Com (NASDAQ:JD), and Tencent Holdings (OTC:TCEHY) slid deep into the red in Hong Kong on Friday at press time.

How Big Tech Stocks Are Faring In Hong Kong Today
Stocks	Movement (+/-)
Alibaba	-4.65%
Baidu	-3.74%
JD	-4.47%
Tencent	-3.22%

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