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Shares of Alibaba Group Holding Limited (NYSE: BABA), Li Auto Inc. (NASDAQ: LI), JD.Com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY) and Baidu Inc. (NASDAQ: BIDU) are all trading higher in Hong Kong on Thursday, while Xpeng Inc.’s (NYSE: XPEV) shares declined. What’s Moving: Chinese e-commerce giant Alibaba’s shares traded 0.4% higher at HKD 149.30 ($19.19) in Hong Kong, while e-commerce company JD.com’s shares are rising almost 3.4% at HKD 300.60 ($38.63) and tech conglomerate Tencent Holdings’ shares are gaining 3.3% to HKD 465.00 ($59.75).
...read full article on Benzinga