The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Hong Kong thwarted; in red Alibaba, JD and Xpeng

News Snapshot:

Thursday the shares of Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU) e Xpeng Inc. (NYSE: XPEV) suffered a decline in Hong Kong while Tencent Holdings Inc. (OTC: TCEHY) e Li Auto Inc. (NASDAQ: LI) are unchanged. The movements Hong Kong-listed shares of Chinese e-commerce giant Alibaba fell 3.3% to Hong Kong Dollars (HKD) 121.50, and shares in rival JD.Com fell 0.5% to 339. 60 HKD due to fears about the crackdown on foreign prices by the Beijing authorities. According to a report citing Bloomberg, China is considering introducing a ban on domestic companies…

Other China Tech Buzz: