China Last Night KraneShares Key News Asian equity markets rebounded overnight, less so India, as Silicon Valley Bank (SVB) contagion fears receded. This morning, European markets and banks sold off s...
Tag: Baidu
These U.S.-Listed Stocks Surge—Alibaba, Baidu And More—After China’s Economic Rebound
Topline Shares of the largest Chinese heavyweights trading in the United States surged Wednesday after data showed China’s manufacturing sector unexpectedly expanded at the fastest pace in more ...
Hang Seng index enters correction as Meituan, Baidu stocks diverge
Global stocks have pulled back as investors reset their expectations about what the Federal Reserve will do in the coming months. In Hong Kong, the blue-chip Hang Seng (HSI) index crashed to a low of ...
US Dollar Strength & Political Rhetoric Weigh On Markets, Week In Review
China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...
Alibaba Beats! (Along With NetEase & Vipshop)
China Last Night KraneShares Alibaba Q4 Earnings Overview Alibaba beat analyst expectations in its financial results, reported this morning, despite challenges from reopening and resulting infections ...
Dow Jones Reverses Ahead Of Fed Minutes; Baidu Surges On Earnings; Nvidia Earnings Next
The Dow Jones Industrial Average reversed lower Wednesday morning with minutes from the Federal Reserve’s latest policy meeting due later in the day. Chinese internet giant Baidu (BIDU) briefly ...
Baidu Busts A Move With Strong Q4 Results And A Buyback, Peace Proposal Coming?
China Last Night KraneShares Key News Asian equity markets were ALL down after US equity markets fell and Treasury yields rose yesterday as risk markets are taking the Fed tightening seriously. The As...
Shanghai Breaks Out As “Competition Fears” & Strong Dollar Sink JD.com
China Last Night KraneShares Key News Asian equities were mixed overnight with Hong Kong underperforming on weakness in internet stocks. Worth pointing out that the Hang Seng and Hang Seng Tech gained...
Hang Seng nears correction zone ahead of Baidu, Alibaba earnings
The Hang Seng index is unraveling. It has been in the red for three straight weeks and dropped by 9.8% from its highest point this year. This signals that it is nearing a correction level even as its ...
Bullard Bites The Bulls As Mester Messes With Risk On Sentiment, Week In Review
China Last Night KraneShares Week in Review It was another choppy week of trading for Asian equities as investors assess their risk tolerance considering the potential for two or more rate hikes from ...
Internet Outperforms As CPI Drives Asia Markets Lower
China Last Night KraneShares Key News Asian equities were mostly lower as Hong Kong underperformed on volume that increased overnight. The US CPI print indicated that inflation calmed down slightly fr...
Investors Wait For US CPI & Internet Earnings
China Last Night KraneShares Key News Asian equities were mixed on light volumes in advance of today’s US CPI release as markets appear to have caught onto the Fed’s focus on inflation. Despite a stro...
Markets Higher As Investors Ignore Nena’s 99 Red Balloons
China Last Night KraneShares Key News Asian equities were largely lower overnight as China outperformed. Apologies for the 1980s hit song reference! Hong Kong-listed internet stocks rallied after US-l...
China Warnes Against AI Frenzy As Alibaba, Baidu Chase Their ChatGPT Dreams
A Chinese state-owned publication warned against the hype around AI-linked stocks in a high-profile editorial. The editorial cautioned that “some market capitals are keen on false concept specul...
China’s Hesai Group Climbs In Nasdaq Debut On Autonomous Transport Hopes
This 2022 photo shows a sensor from Hesai on top of a “robotaxi” autonomous vehicle developed by … [+] Baidu Apollo as it drives along a street in Shenzhen in China southern. (Photo ...
Economic And Corporate Profit Rebound Lifts Markets
China Last Night KraneShares Key News Asian equities were largely lower following a decline in US stocks, though China and Hong Kong had a strong day. Shanghai, Shenzhen, and Hong Kong all opened lowe...
Alibaba Jumps ChatGPT Bandwagon After Microsoft, Google And Baidu
Alibaba Group Holding Limited (NYSE: BABA) became the latest company to jump on the ChatGPT bandwagon after Microsoft Corp (NASDAQ: MSFT), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Baidu,...
Asia IPOs In U.S. Poised To Increase As Region’s Economies Recover, Nasdaq Vice Chairman Says
Huang Ping, the Chinese consul general in New York, rang the opening bell at the Nasdaq on Jan. 25. Courtesy of Nasdaq In 2019, the year before Covid upended global travel and business, the Nasdaq att...
Baidu’s Ernie Bot Powers Hong Kong Rise
China Last Night KraneShares Key News Asian equities were mixed as North Asia (Japan, South Korea, Taiwan, China & Hong Kong) posted gains while South Asia (India, Singapore, Indonesia, Malaysia, ...
Chegg, Baidu, Bed Bath & Beyond, Hertz and more
A screen displays the Hertz logo during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York, November 9, 2021. Brendan McDermid | Reuters Check out the companies making hea...
Baidu Surges as Hope Mounts over Chinese Answer to ChatGPT
(Bloomberg) — Baidu Inc. surged more than 15% after affirming it’s on track to publicly roll out its ChatGPT-like service in March, stoking anticipation around potentially China’s most prominent...
Baidu Stock Jumps After Chinese Search Giant Unveils ChatGPT-Style Project
Robin Li Yanhong, chairman and CEO of Baidu, speaks at the opening ceremony of 2021 World Artificial Intelligence Conference (WAIC) at Shanghai World Expo Center on July 8, 2021 in Shanghai, China. Wu...
China’s Baidu Plans a ChatGPT Rival. The Internet Giant’s Stock Could Reap the Returns.
Talk about buying the rumor. Baidu China’s leading internet search provider, let it be known on Jan. 30 that it will launch a so-called chatbot powered by artificial intelligence, akin to the ChatGPT ...
Consumer Rebound Rolls On, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week off lower and then rallied higher in the middle of the week as central bank rate hikes dominated market news, though China m...
CNY Rallies As Central Banks Hike Interest Rates
China Last Night KraneShares Key News Asian equity markets were broadly higher as Taiwan and South Korea outperformed. Central banks, including the Hong Kong Monetary Authority, the European Central B...
President Xi Addresses Domestic Consumption In Speech
China Last Night KraneShares Key News Asian equities had a strong day following US stocks’ positive move yesterday, with the Philippines having a very strong day in advance of today’s Fed +25 bps rate...
The Year Of The Rabbit Hops To It
China Last Night KraneShares Key News Asian equities were mixed overnight as central bank meetings will dominate this week as Taiwan outperformed while Hong Kong-listed internet stocks were hit with p...