Alibaba and Tencent shares among top holdings in new JP Morgan China ETF

possibly wrong/iStock Unpublished via Getty Images Ali Baba (NYSE: BABY) and shares of Tencent Holdings (OTCPK:TCEHY) both slipped into the red on Friday as investors shrugged off JP Morgan making the two Chinese tech leaders one of its biggest holdings in a new China-focused ETF. On Friday, JP Morgan announced the launch of its JPMorgan…