Shares of Alibaba Group Holding Limited and Xpeng Motors fell in Hong Kong on Monday, while JD.Com Inc., Tencent Holdings Inc., and Baidu Inc. traded higher. Li Auto Inc. traded flat.
What’s Moving
Chinese e-commerce giant Alibaba’s shares traded 0.9 percent lower at about $20.7 in Hong Kong, while e-commerce company JD.Com’s shares gained 1.6 percent to about $43 and technology company Baidu’s shares also rose 1.6 percent to about $21.50.Tech conglomerate Tencent’s shares are up 1.7 percent to about $63.40.
