U.S.-Listed Chinese Stocks End Mixed On Friday

U.S.-listed Chinese stocks finished mixed on Friday, with Alibaba, Baidu, Bilibili and Tencent among the gainers, while Cheetah Mobile fell 7.62%, according to ETNet. Among major names, Alibaba closed at $109.30, up 0.68%; Baidu rose 0.89% to $91.40; Bilibili gained 0.45% to $15.54; and Tencent advanced 1.21% to $54.44. JD, PDD, NetEase, Tencent Music, Vipshop and Weibo also posted modest moves. In other sectors, Li Auto, Nio and XPeng all rose, while BeiGene gained 1.38% to $346.51. Hutchmed fell 2.29% and Zai Lab slipped 0.12%. The report also showed the U.S. dollar at HK$7.8418.