Why Alibaba, Nio, Chinese Peers Are Sliding In Hong Kong Today

Benzinga2022-06-29

ZINGER KEY POINTSHang Seng Index down 1.1% amid weak global cuesChina relaxes COVID-19 quarantine rules but that is largely overshadowed by fall in U.S. consumer confidenceShort-seller Grizzly ...

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Comments

  • Steven Tay
    2022-06-29
    Steven Tay
    Ok
  • RS142
    2022-06-29
    RS142
    Too bad
  • Simonnov
    2022-06-29
    Simonnov
    Ic
  • Guavaxf30
    2022-06-29
    Guavaxf30
    I have been calling this the whole of the last week. it is not just a local issue. It is the whole Chinese market. Nothing wrong with the market. Just that it went over-valued the last few weeks. But on NIO and Li Auto specifically, the latest news will be negative for some time. 
  • Danielng
    2022-06-29
    Danielng
    In other words, pple who are selling are selling for the wrong reasons. Haha
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