shares of uslisted chinese companies were trading mixed in hong kong on friday morning with major tech names like alibaba group holding ltd baba tencent holdings ltd tcehy and baidu inc bidu trading lower defying the tech trend jdcom inc jd was trading marginally higher among electric vehicle stocks xpeng inc xpev and li auto inc li traded in the green while nio inc nio shed 250 after paring early losses shares of these chinese companies ended lower on thursday on us bourses global markets recap at press time the benchmark hang seng index was trading 066 lower trimming gains for the week overnight in the us the dow jones industrial average toppled nearly 2 elsewhere shanghais sse composite index gained 022 while australias asx 200 shed 082 and japans nikkei 225 lost 141 macro factors after a reuters report claimed beijing gave an initial nod to revive ant groups ipo as the crackdown eased chinas regulator stepped in to clear the air tempering optimism about policy loosening in the sector the china securities regulatory commission said in a statement that it has not conducted any assessment or research for ​​the potential resumption of ants offering according to the data released by chinas bureau of statistics its producer inflation in may rose 64 from a year earlier in line with expectations company in news ant denied reports about its ipo plan in the pipeline the jack macontrolled group said under the guidance of regulators we are focused on steadily moving forward with our rectification work and do not have any plan to initiate an ipo meanwhile alibaba and ondemand service platform operator meituan mpngy jointly handed out 92 of chinas antitrust fines in 2021 up 52 times versus 2020 nio issued guidance for the second quarter below analyst estimates