Shares of iQiyi Inc. IQ, -16.44% plunged 17.2% in afternoon trading Tuesday, putting them on track for the biggest one-day drop in 10 months, after the China-based streaming-video company took advanta...
Tag: FXI
China Is Opening Fast. Don’t Miss the Rebound for Stocks.
Chinese authorities’ abrupt pivot away from zero-Covid policies has been matched by the quick shift in investor sentiment about Chinese stocks from the bearishness of the past year. As the world’s sec...
U.S.-traded Chinese stocks clinch best week since at least March as reopening hopes help spark rebound
Shares of U.S.-traded Chinese stocks on Friday posted their best week since at least March, with one popular exchange-traded fund clinching its biggest weekly advance since 2011, as shared recovered f...
Pinduoduo stock jumps toward a 1-year high after big profit and revenue beats
The U.S.-listed shares of Pinduoduo Inc. PDD, +13.76% shot up 10.1% toward a one-year high in premarket trading Monday, after the China-based mobile marketplace reported third-quarter profit and reven...
Why China’s COVID policies are rattling investors again
Investors in China-related assets who had expected a significant easing of COVID curbs were left disappointed this week as the country battles the worst wave of cases since Shanghai’s outbreak earlier...
XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. XPEV, -6.39% sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle ma...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
AMTD Digital stock more than triples on no news, and has been halted 11 times for volatility
Shares of AMTD Digital Inc. HKD, +311.78% blasted 241.4% higher in very volatile afternoon trading Wednesday, putting them on track to snap an eight-day losing streak, even as the Hong Kong-based didn...
NIO stock bounces back again, and J.P. Morgan suggests it may be ‘bottoming out’
Shares of NIO Inc. NIO, +0.46% bounced into positive territory Thursday, again, to buck weakness in rival China-based electric vehicle makers, after J.P. Morgan analyst Nick YC Lai suggested they may ...
NIO stock sinks toward 3-month low after wider-than-expected loss, downbeat outlook
Shares of NIO Inc. NIO, +2.40% sank 5.7% toward a three-month low in premarket trading Wednesday, after the China-based electric vehicle maker reported a wider-than-expected second-quarter loss as rev...
NIO, other China-based EV maker stocks fall after August deliveries reports
Shares of NIO Inc. NIO, -8.21% fell 2.2% in premarket trading Thursday, even after the China-based electric vehicle maker reported August deliveries that jumped 81.6% from a year ago to 10,677 vehicle...
NIO stock jumps after June EV deliveries rise sharply from a last month and from last year
The U.S.-listed shares of NIO Inc. NIO, -0.64% jumped 2.4% in premarket trading Friday, after the China-based electric vehicle maker reported June deliveries that rose sharply from last month and from...
Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company
The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after Reuters reported that China’s central bank accepted Ant Group’s applicati...
NIO stock drops after downbeat outlook, steep drop in gross margin offset narrower-than-expected loss
Shares of NIO Inc. NIO, -6.62% fell 2.0% in premarket trading Thursday, after the China-based electric vehicle maker reported a narrower-than-expected first-quarter loss and revenue that topped expect...
‘We absolutely believe Ether’ surpassing bitcoin’s total market value ‘can happen this year,’ says ETF expert: ‘The bull case is an Etherum ETF in 2022’
Hello there! The Invesco QQQ Trust QQQ is up over 2% so far this week. That is not where many investors would have bet that the popular exchange-traded fund would be trading now based on the wild acti...