00:00It's Benzinga bringing Wall Street to Main Street.
00:03U.S. listed Chinese stocks traded lower on Monday as declines in Hong Kong equities
00:08and weak China economic data weighed on sentiment during thin holiday trading.
00:14Alibaba Group Holding, JD.com and PDD Holdings fell in U.S. trading, tracking losses in Hong Kong.
00:22The Hang Seng Index closed down 0.7 percent, while the Hang Seng Tech Index fell 0.3 percent.
00:30Hong Kong stocks retreated as trading activity slowed,
00:33and data showed Chinese industrial profits fell faster in November.
00:37China's National Bureau of Statistics reported a 13.1 percent drop in industrial profits,
00:43as the Ministry of Finance said it plans to ramp up fiscal spending next year.
00:48Alibaba shares were down 3.00 percent, JD.com fell 1.17 percent, and PDD Holdings declined 1.52 percent.
00:56For all things money, visit Benzinga.com.
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