shares of major uslisted chinese companies were trading mixed in hong kong on thursday as major tech stocks like alibaba group holdings baba and tencent holdings tcehy slipped while baidu inc bidu and jdcom inc jd were trading higher in the electric vehicle segment li auto inc li led gains while nio inc nio and xpeng inc xpev gained at least 2 each in early trading shares of these companies ended mixed on us bourses as well on wednesday global markets recap at press time the benchmark hang seng index was muted as the investors struggled for direction in the us the dow jones industrial average ended 027 higher after two straight sessions of losses this week elsewhere shanghais sse composite index was up 104 while japans nikkei 225 shed 091 and singapores sgx nifty traded mutedly macro factors chinas factory activity expanded for the first time in four months according to the data from the national bureau of statistics nbs the official manufacturing purchasing managers index pmi rose to 502 in june from 496 in may marking the first expansion since february chinese premier li keqiang also urged action to curb rising joblessness to aid the struggling economy as the headline urban unemployment rate climbed to 59 last month scmp reported company in news alibaba chairman and ceo daniel zhang yong penned an article in china cyberspace administrations official magazine where he promoted the positive role of alibaba technology in chinese society tencent games at its annual conference spark 2022 said it is exploring expanding the application of gamerelated technologies to other sectors cgtn reported jdcom on wednesday said it would issue shares worth 220 million to tencent over a threeyear period to access certain services on the latters social media platform wechat after nio called the shortseller research ‘misleading’ cfra analyst lim jian xiong also dismissed the report the analyst said the allegations in the shortseller report have no impact on his outlook for the company shares