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Published on 19 Jan 2022 on Benzinga

Why Alibaba Is Falling Today Even As Tech Peers Lead Hang Seng Higher

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Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, leading the benchmark Hang Seng Index higher.

What’s Moving: Shares of Baidu Inc. (NASDAQ: BIDU), JD.Com Inc. (NASDAQ: JD) and Tencent Holdings Inc. (OTC: TCEHY) advanced in a range of 1% to 4%, while Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) traded lower in a range of 1% to 3%.

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

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