News Snapshot:
Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Friday, with tech heavyweights like Alibaba Group Holdings BABA, Baidu Inc BIDU, JD.com Inc JD, and Tencent Holdings TCEHY being a major drag. Bucking the weakness, electric vehicle stocks gained, with Xpeng Inc XPEV, Nio Inc NIO, and Li Auto Inc LI trading as much as 2%. Shares of these Chinese companies ended mixed on U.S. bourses on Thursday. Global Markets Recap: The benchmark Hang Seng Index traded 0.69% lower after paring early losses. In the U.S., the Dow Jones Industrial Average ended 0.46% lower on Thursday as...
