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Published on 14 Jan 2022 on Benzinga

Continued Setbacks: Why Alibaba, Other Tech Stocks Are Slumping In Hong Kong Despite Upbeat China...

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Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Friday, extending losses from the previous session and leading the benchmark Hang Seng Index lower.

What’s Moving: Shares of Alibaba Group Holding Limited (NYSE: BABA), Tencent Holdings Inc. (OTC: TCEHY), Baidu Inc. (NASDAQ: BIDU), JD.Com Inc. (NASDAQ: JD) and Li Auto Inc. (NASDAQ: LI) traded lower in a range of 1% to 4%, while Xpeng Inc. (NYSE: XPEV) advanced almost 1%.

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NASDAQ.BIDU price evolution
NASDAQ.LI price evolution
NYSE.XPEV price evolution
NYSE.BABA price evolution

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