Hong Kong stocks rose and stopped across the board: Tencent, Ali, JD.com, Meituan, Kuaishou, bilibili, etc., rose more than 10%, and Xiaopeng Motor rose more than 23%.
CTOnews.com November 4 news since November, Hong Kong stocks have rebounded strongly. Today, Hong Kong stocks continue to rise, the Hang Seng Technology Index is up nearly 9%, Xiaopeng Motor is up more than 23%, bilibili is up more than 20%, Kuaishou is up more than 17%, Weilai is up more than 16%, ideal is up more than 14%, Alibaba and Tencent Holdings are up more than 10%, and JD.com and Meituan are also up more than 10%.
CTOnews.com has reported that US stocks closed down across the board yesterday, falling for the fourth day in a row. Fears that the Fed's interest rate hike could trigger a global recession have weighed on US stocks.
Among them, the leading shares of e-commerce generally rose, with Alibaba up 0.79%, JD.com up 1.46% and pinduoduo up 6.27%.
Other popular Chinese stocks generally rose, including Wanggang up 8.88%, Auto House up 4.59%, Ctrip up 4.00%, boss up 3.03%, bilibili up 2.97%, Baidu up 0.01%, and Zhihu down 1.74%.