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Alibaba, JD, Tencent, And Nio Rivals Xpeng, Li Auto Fall In Hong Kong Amid Market-Wide Slump Fueled By China Crackdown On Casinos

Chinese e-commerce giant Alibaba’s shares traded 1.9% lower at HKD 151.10 ($19.42) in Hong Kong, while e-commerce company JD.com’s shares are losing 0.4% to HKD 293.80 ($37.75).
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