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Alibaba, Nio, most Chinese peers defy Hong Kong slide amid realty stock woes

Benzinga Real-time News ·  07/14/2022 14:49

Shares of major U.S.-listed Chinese companies traded mostly higher for the second day in a row on Thursday in Hong Kong.Major tech stocks like BABA-SW(09988.HK), BIDU-SW(09888.HK), and, Inc.-SW(09618.HK) gained between 1% and 3%, while TENCENT(00700.HK) edged lower after paring early gains.In the electric vehicle segment, XPENG-W(09868.HK), NIO-SW(09866.HK), and Li Auto-W(02015.HK) gained as much as 3% during the early trading hours.Shares of these Chinese companies ended mixed on U.S. bourses on Wednesday.Global Markets Recap: The benchmark Hang Seng Index(800000.HK) traded

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