Alibaba, Tencent, and Xpeng Stocks Rally as China Loosens Covid Curbs

Alibaba, Tencent, and Xpeng Stocks Rally as China Loosens Covid Curbs

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Electric-vehicle maker XPeng and e-commerce platforms Alibaba and Tencent were among the Chinese stocks rising on Thursday in Hong Kong trading as officials signal a loosening of Covid-19 restrictions, although U.S.-listed stocks gave up some gains from the previous day. Hu Xijin, former editor in…

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