-
Alibaba, JD Surge Over 8%: Hang Seng Shoots Up On Tech Rally
Wednesday, October 26, 2022 - 11:12pm | 701Read More...Hong Kong stocks opened in the green on Thursday, with the benchmark Hang Seng gaining 2.8% in morning trade. The rally was led by tech stocks, with Alibaba and JD.com gaining over 8% and 9%, respectively. Shares of Meituan and Tencent Holdings gained over 4%. Hong Kong Stocks Today Stock...
-
As Markets Worry Over Xi Jinping, 'Big Short' Fame's Michael Burry Notes Drastic Drop In Hang Seng Valuation Despite GDP Surging 18x From 1997
Wednesday, October 26, 2022 - 6:42am | 469Read More...On Monday, Hong Kong’s benchmark index Hang Seng fell below the 15,000 mark for the first time since April 2009 as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power. What Happened: "The Big Short" fame...
-
Nio Surges 15%, Alibaba Up Nearly 1%: What's Pushing Hong Kong Stocks Higher Today
Wednesday, October 26, 2022 - 12:03am | 769Read More...Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng gaining 2.5%, as investors began considering the possibility of slowing aggression by the Federal Reserve when it announces its monetary policy next week. The Hang Seng traded above the 15,500 mark after having...
-
Alibaba, Nio Mixed: Hang Seng Trades Flat As Inflation Data Eyed, China COVID-19 Lockdowns Weigh
Thursday, October 20, 2022 - 11:39pm | 703Read More...Hong Kong shares were trading flat on Friday, with the benchmark Hang Seng edging just 0.05% up, ahead of the release of the inflation report in the city. Shares of Alibaba rose 0.72% in morning trade, while Xpeng shares gained over 5%. Nio shares fell over 1%. Hong Kong Stocks Today...
-
Alibaba, Nio Fall Over 4%: Hang Seng Hits 13-Year Low As Worries Grow Over China Economic Data Delay
Wednesday, October 19, 2022 - 11:34pm | 683Read More...Hong Kong stocks opened in the red on Thursday, with the benchmark Hang Seng losing 2% to hit a 13-year low, as investors and traders continued to worry about China’s delayed economic indicators and a rise in COVID-19 cases. Shares of Alibaba, Tencent and Meituan lost over 4% in opening...
-
Alibaba, Nio Fall: Hang Seng Opens Lower Ahead Of Hong Kong Leader John Lee's Policy Speech
Tuesday, October 18, 2022 - 10:23pm | 758Read More...Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng opening 0.42% lower ahead of a key speech by the city’s leader John Lee. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA) -1.78% JD.com Inc (NASDAQ: JD) -2.41% Baidu Inc...
-
Alibaba Up 3%, Nio Rises 1%: Hong Kong Shares Open Higher, China Delays GDP Data Release
Monday, October 17, 2022 - 10:25pm | 704Read More...Hong Kong stocks opened in the green on Tuesday following a bounce on Wall Street where major indices recorded significant gains as the focus shifted toward the earnings season. The benchmark Hang Seng opened over 1% higher. Shares of Alibaba and Meituan opened over 3% higher in Hong Kong....
-
Alibaba, Nio Shares Fall: Recession Worries, Volatile Wall Street Keep Hong Kong Stocks In Red
Sunday, October 16, 2022 - 10:17pm | 739Read More...Hong Kong shares opened in the red on Monday as recession worries continued to plague stock markets across the world with major indices in the U.S. falling over 1% on Friday. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA) -1.16% JD.com Inc (NASDAQ: JD...
-
Why Apple Supplier TSMC's Shares Are Up Over 5% In Taiwan Today
Thursday, October 13, 2022 - 11:57pm | 344Read More...Apple Inc. (NASDAQ: AAPL)-supplier Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) shares jumped over 5% in the Taiwan trading session after the company posted an 80% surge in its third-quarter net profit at NT$280.87 billion ($8.81 billion). This is the company’s strongest growth in two years...
-
Alibaba, Nio Jump Over 3%: Hong Kong Shares Rally With Asia On Strong Wall Street Cues, China Inflation Data Tepid
Thursday, October 13, 2022 - 11:27pm | 845Read More...Hong Kong stocks opened in the green on Friday after major Wall Street indices closed over 2% overnight despite high consumer inflation data for September. China’s subdued inflation for September also seems to have lifted sentiments. Hong Kong Stocks Today Stock Movement Alibaba...
-
Alibaba, Nio Shares Fall: Hang Seng Merely 350 Points Away From 2009 Lows
Wednesday, October 12, 2022 - 11:35pm | 679Read More...Hong Kong stocks opened in the red on Thursday as investors shifted focus to U.S. inflation data due later in the day. The benchmark Hang Seng opened 1.11% down and was last seen trading at 16,538, just nearly 350 points away from hitting its 2009 lows. Hong Kong Stocks Today...
-
Alibaba, Nio Fall Over 3%: Hang Seng Hits 11-Year Low As Focus Turns To US Inflation Data
Tuesday, October 11, 2022 - 11:01pm | 696Read More...Hong Kong markets opened in the red on Wednesday, with the benchmark Hang Seng losing nearly 1.9%, as investors await U.S. inflation data for September due later this week. The Hang Seng is trading at its lowest level since October 2011. Hong Kong Stocks Today Stock Movement...
-
Alibaba, Nio Shed Over 3%: Hong Kong Shares Continue To Bleed, Semiconductor Rout Spreads Across Asia
Monday, October 10, 2022 - 11:50pm | 856Read More...Hong Kong stocks opened in the red on Tuesday after the Nasdaq index closed at its lowest level since July 2020 and a semi-conductor stock rout spread across Asian markets like Taiwan and South Korea which opened for trading after the holidays. Hong Kong Stocks Today Stock Movement Alibaba...
-
Alibaba, Nio Shed Over 2%: Why Hong Kong Shares Are Sliding Today
Sunday, October 9, 2022 - 10:44pm | 773Read More...Hong Kong stocks opened in the red on Monday after major Wall Street indices closed over 2% lower on Friday, following upbeat jobs data that could potentially pave the path for the U.S. Federal Reserve to continue on its aggressive rate hike path. Hong Kong Stocks Today Stock Movement...
-
Alibaba Sheds 1%, Nio, EV Peers Tank Over 6%: Hong Kong Stocks Open Lower As Focus Turns To US Jobs Data
Thursday, October 6, 2022 - 11:09pm | 794Read More...Hong Kong stocks opened in the red on Friday ahead of the release of the U.S. monthly jobs data which is likely to be one of the guiding factors for the U.S. Federal Reserve’s rate hike path. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA)...
















