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Benzinga

World

Navdeep Yadav

YOU WONT BELIEVE: Alibaba nio most chinese peers continue to slide in hong kong today - What They Never Told You

Alibaba NIO Hong Kong Tencent Baidu Baidu Inc Nasdaq NYSE Tencent Holdings Xpeng

Shares of major U.S.-listed Chinese companies mostly traded lower again in Hong Kong on Tuesday, with tech giants like Alibaba Group Holdings (NYSE:BABA), Tencent Holdings (OTC:TCEHY), Baidu Inc (NASDAQ:BIDU), and JD.com (NASDAQ:JD) deep in the red.

In the electric vehicle segment, Nio Inc (NYSE:NIO) and Xpeng Inc (NYSE:XPEV) shed as much as 3%, while Li Auto Inc (NASDAQ:LI) bucked the downtrend.

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