What's Going On With Nio, Li Auto, Xpeng, Alibaba And Pinduoduo Stock Today?

Shares of several Chinese companies, including Nio Inc - ADR NIO, Li Auto Inc LI, Xpeng Inc - ADR XPEV, Alibaba Group Holding Ltd - ADR BABA and Pinduoduo Inc - ADR PDD are all trading higher Thursday afternoon following recent pullbacks.

Chinese names are trading higher despite ongoing concerns of policy tightening in the wake of positive economic sentiment and ongoing U.S.-China tensions and regulatory concerns following a large fine on Alibaba have also weighed on Chinese stocks in recent weeks.

See also: How to Buy Nio Stock

Companies in the broader auto and auto components space are also trading higher Thursday amid sector strength for the session after Ford Motor Company F Wednesday unveiled the new F-150 Lightning EV.

Loading...
Loading...
BABA Logo
BABAAlibaba Group Holding Ltd
$113.50-1.33%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
91.45
Growth
37.49
Quality
47.11
Value
84.53
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...