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Benzinga
Benzinga
World
Navdeep Yadav

MYSTERIOUS: Why alibaba nio chinese peers are surging in hong kong today | Mind Blowing Facts

BABA Alibaba NIO Hong Kong JD Alibaba Group Holding Tencent Baidu Li Auto Xpeng

Shares of U.S.-listed Chinese companies rallied in Hong Kong on Friday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc (NASDAQ: BIDU) gaining as much as 5%.

Among electric vehicle stocks, Nio Inc (NYSE: NIO), Li Auto (NASDAQ: LI), and Xpeng Inc (NYSE: XPEV) rose as much as 8%.

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