China Last Night KraneShares Week in Review Asian equity markets had a mixed performance week as the PCAOB announced breaking news, Pfizer’s COVID treatment was approved, and The Central Economi...
Tag: HFCAA
HFCAA First Step Audit Agreement Reached
China Last Night KraneShares This morning, the SEC, PCAOB, and CSRC, in conjunction with the Ministry of Finance, released statements announcing the signing of a Statement of Protocol allowing the PCA...
Hong Kong Internet Stocks Rally On Didi Follow Through & HFCAA Window Potentially Not Shortening
China Last Night KraneShares Key News Asian equities had a strong performance overnight though we should curb our enthusiasm slightly as volumes were light. Hong Kong internet stocks had a strong nigh...
Buyers Strike As CSRC Recommends Raising Equity Allocations
China Last Night KraneShares Key News Asian equities had a mixed day as Japan and India rebounded while Hong Kong, China, and the Philippines were down/underperformed. Going into today’s session, we k...
Game On As Approvals Lead Internet Names Higher
China Last Night KraneShares Key News Asian equities were a sea of red, excluding China and Hong Kong, as growth sectors/stocks rebounded/outperformed relative to value sectors/stocks. Both China and ...
Algorithm Angst, Value Outperforms Growth, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another choppy week of trading as earnings season wrapped, and investors assessed the risks presented by covid lockdowns in China. Howeve...
Fed Fears Weigh On Foreign Sentiment Though Not Chinese Sentiment
China Last Night KraneShares Key News Thailand chose the right day to be on a market holiday as Asian equities took a one-two punch from Fed Gov Brainerd’s statement that US interest rates will rise i...
Hong Kong Internet Stocks Cheer Proposed CSRC Rule Change
China Last Night KraneShares Key News Saturday night the China Securities Regulatory Commission (CSRC), China’s SEC, issued a “Notice on Public Solicitation of Comments on the “Provisions on Strengthe...
Differentiating Private And State-Owned Companies May Be The HFCAA Solution
China Last Night KraneShares Week in Review Meituan (3690 HK) jumped +11.56% after posting better-than-expected financial results on Monday after the Hong Kong close last Friday. TikTok rival Kuaishou...
“In The Midst Of Chaos, There Is Also Opportunity.” -Sun Tzu
China Last Night KraneShares Key News Tuesday night the Senate passed the America COMPETES Act (HR 4521). I will refrain from commenting on the bill, though US taxpayers should look at how their tax d...
Meituan Leads Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. Meituan (3690 HK) jumped...
Trip.com Beats Expectations Following Tencent’s Tumble
China Last Night KraneShares Key News Asian equities were mixed overnight after a choppy US equity session yesterday in advance of NATO talks on Ukraine. The US reinstated tariff exemptions on 352 Chi...
Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review
China Last Night KraneShares Key News Asian equities were largely higher despite the US’ Fed Chair driven downdraft led by Hong Kong, Japan and India. Alibaba (BABA US, 9988 HK) announced it would inc...
A Quiet End To A Wild Week, Week In Review
Week in Review This week saw heightened volatility in the internet sector as the Hang Seng TECH Index was down over -11% on Monday as Asian investors appeared to be taking the Holding Foreign Companie...
Liu He’s Speech Lifts Hong Kong
China Last Night KraneShares Key News Asian equities performed well overnight as the Hang Seng’s gained +7.04%, led by the strong performance of internet stocks following Vice Premier Liu He’s Wednesd...
Sum Of All Fears
Key News Asian markets were mixed as India and Japan rose while China, Hong Kong, and the Philippines were off. The Hang Seng plunged -4.97%, driven by the sum of all fears as US ADR delisting risk du...
Local Investors Less Pessimistic, Week In Review
China Last Night KraneShares Week in Review Last weekend was the start of China’s dual sessions, from which China’s GDP growth target of 5.5% for 2022 was announced along with a slew of supportive eco...
US-Listed Chinese Companies React To Today’s HFCAA Announcement & Fading Optimisim On Ukraine Truce
China Last Night KraneShares Key News Asian equities followed US equities higher overnight on hopes for a peaceful resolution to the Ukraine crisis as oil prices plummeted. Worth noting that markets a...
The Year Of The Ox Was A Rough Bull Ride, CSRC Suggests Solution To HFCAA, Week In Review
China Last Night KraneShares Week In Review We have two videos this week. In one, Dr. Xiaolin Chen discusses China’s path to carbon neutrality by 2060. In another, Xiabing Su goes on the ground in Chi...