Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Tuesday, dragging the benchmark Hang Seng Index into negative territory for the second straight day. Why Is It Moving?

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Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Tuesday, dragging the benchmark Hang Seng Index into negative territory for the second straight day. Why Is It Moving?

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Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index to its highest level in almost two months. Whats Moving : Shares of Alibaba Group Holding Limited (NYSE: BABA ), Baidu Inc. (NASDAQ: BIDU ), JD.Com Inc. (NASDAQ: JD ) and Tencent Holdings Inc . (OTC: TCEHY ) advanced in a range of 4% to 5%. Electric vehicle maker Xpeng Inc.s (NYSE: XPEV ) shares fell almost 1%, while peer Li Auto Inc. (NASDAQ: LI ) traded flat. TikTok-owner ByteDance has dissolved its investment arm as part of its restructuring, Full story available on Benzinga.com
China''s tech giants Alibaba, Tencent, Baidu and Meituan have all started investing heavily into chip development.
China''s cyberspace regulator has drafted new guidelines mandating the country''s internet behemoths obtain its approval before undertaking any investments or fundraisings, Reuters reports . China''s internet giants include Alibaba Group Holding Ltd (NYSE: BABA ), Baidu Inc (NASDAQ: BIDU ), Tencent Holdings Ltd (OTC: TCEHY ) and JD.com Inc (NASDAQ: JD ). Related Content: Full story available on Benzinga.com
Baidu Inc. (BIDU) closed at $154.53 in the latest trading session, marking a +1.32% move from the prior day.
Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Friday, extending losses from the previous session and leading the benchmark Hang Seng Index lower. Whats Moving : Shares of Alibaba Group Holding Limited (NYSE: BABA ), Tencent Holdings Inc . (OTC: TCEHY ), Baidu Inc. (NASDAQ: BIDU ), JD.Com Inc. (NASDAQ: JD ) and Li Auto Inc. (NASDAQ: LI ) traded lower in a range of 1% to 4%, while Xpeng Inc. (NYSE: XPEV ) advanced almost 1%. The benchmark Hang Seng Index opened lower on Friday and was down 0.9% at Full story available on Benzinga.com

Buying The Best Of PGJ

09:49am, Wednesday, 12'th Jan 2022
Buying The Best Of PGJ
Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Wednesday, leading the benchmark Hang Seng Index notably higher. Whats Moving : Shares of Alibaba Group Holding Limited (NYSE: BABA ), Baidu Inc. (NASDAQ: BIDU ), JD.Com Inc. (NASDAQ: JD ), Tencent Holdings Inc . (OTC: TCEHY ), Li Auto Inc. (NASDAQ: LI ) and Xpeng Inc. (NYSE: XPEV ), traded higher in a range of 3% to 9%. The Hang Seng Index rebounded opened higher on Wednesday and was up almost 2.0% at the time of writing. The index closed little changed Full story available on Benzinga.com
Baidu Inc. (BIDU) closed at $153.33 in the latest trading session, marking a +1.71% move from the prior day.
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