Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory.
Why Is It Moving? The Hang Seng Index was up 0.2% at the time of writing — rising after two straight days of losses — amid optimism about further policy easing by Beijing.
Midway through trading Friday, the Dow traded down 0.17% to 36,175.08 while the NASDAQ fell 1.02% to 14,927.31. The S&P also fell, dropping, 0.45% to 4,674.76.
Nio's annual gala event – the "Nio Day 2021" was held in the Suzhou city on Saturday with trimmed down attendance in the wake of the resurgence of the COVID threat. Much against heightened expectations, the event was light in terms of announcements.