Alibaba, Nio Mixed: Hang Seng Trades Flat As Inflation Data Eyed, China COVID-19 Lockdowns Weigh
Hong Kong shares were trading flat on Friday, with the benchmark Hang Seng edging just 0.05% up, ahead of the release of the inflation report in the city. Shares of Alibaba rose 0.72% in morning trade, while Xpeng shares gained over 5%.