Alibaba, Nio Shed Over 2%: Hang Seng Opens Weaker As Investors Turn Cautious Ahead Of US Jobs Data

Alibaba, Nio Shed Over 2%: Hang Seng Opens Weaker As Investors Turn Cautious Ahead Of US Jobs Data

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Hong Kong stocks opened mixed on Friday morning as investors and traders remained cautious ahead of the release of U.S. jobs data — a key factor that will determine the Federal Reserve’s future course of action. The benchmark Hang Seng fell 0.35% as shares of Alibaba rose over 2%, while Meituan…

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