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Shares of Alibaba Group Holding Limited (NYSE: BABA), Xpeng Inc. (NYSE: XPEV), JD.Com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY) and Baidu Inc. (NASDAQ: BIDU) are rising in Hong Kong on Friday, while Li Auto Inc. (NASDAQ: LI) is extending losses from the previous session. What’s Moving: Chinese e-commerce giant Alibaba’s shares traded 1.8% higher at HKD 154.20 ($19.81) in Hong Kong, while e-commerce company JD.com’s shares are rising 3.7% to HKD 304.80 ($39.17) and tech conglomerate Tencent Holdings’ shares are up 2.0% to HKD 460.20 ($59.14).
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