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Published on 21 Jan 2022 on Benzinga

Why Alibaba, Baidu And Other Tech Stocks Are Falling In Hong Kong Today


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Shares of U.S.-listed Chinese tech companies traded mostly lower in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory.

Why Is It Moving? The Hang Seng Index fell from a nearly two-month high and was down 0.8% at the time of writing, tracking the overnight losses on Wall Street as the tech-heavy Nasdaq Index fell into correction territory.

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