Alibaba Falls 5%, Nio Sheds 3%: What's Weighing On Hong Kong Stocks Today

Shares of U.S.-listed Chinese companies were trading lower in Hong Kong on Monday, with major tech stocks like Alibaba Group Holdings (NYSE: BABA ), Tencent Holdings (OTC: TCEHY ), Baidu Inc (NASDAQ: BIDU ), and JD.com Inc (NASDAQ: JD ) slipping between 2% and 5%. In the electric vehicle segment, Xpeng Inc (NYSE: XPEV ), Li Auto Inc (NASDAQ: LI ), and Nio Inc (NYSE: NIO ) cracked nearly 4% during the early trading hours. Here’s How Nio, Xpeng, Li Auto Are Faring In Hong Kong Stocks Movement (+/-) Alibaba -4.96% Tencent -2.61% Baidu -2.93% JD.com -3.91% Nio -3.18% Li Auto -3.37% Xpeng -4.56% Shares of these Chinese companies ended mixed on U.S. bourses on Friday. Global Markets Recap: At press time, the ... Full story available on Benzinga.com