Key News Asian equities were mostly higher overnight except for Hong Kong and Taiwan. Biden and China’s President Xi are scheduled to meet sometime in the next few days. The two leaders are apt to foc...
Tag: Hong Kong
Real Estate Meeting Unsuccessful, Industrial Profits Rebound
China Last Night KraneShares Key News Asian equities were mixed overnight as China underperformed while Southeast and Northern Asia markets were slightly higher. A better-than-expected China economic ...
Fosun Pharma Shares Gain After Tie-Up With New Covid Drug Supplier Genuine Biotech
A silhouette of hands in medical gloves hold a medical syringe and a vial in front of Fosun Pharma’s … [+] logo. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Imag...
Rescue Fund Powers Real Estate Rebound
China Last Night KraneShares Key News Asian equities were a sea of red on light volumes following the US equity market’s Friday fall in advance of the Fed’s anticipated 75bps interest rate hike. Hong ...
China’s Clean Energy Push Grows, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week on a strong note except for Japan, which was off for Marine Day, a national holiday meant to give thanks for the ocean’s bou...
China Billionaire Cuts Stake In Outperforming Nike Rival Xtep
Xtep international Chairman Ding Shui Po in 2014. (Photo by Edmond So/South China Morning Post via … [+] Getty Images) South China Morning Post via Getty Images An investment company controlled ...
NetEase Surges On Game Approval, Baidu Introduces Fully Autonomous SUV
China Last Night KraneShares Key News Asian equities were mixed overnight on light volumes as the summer lull is in full effect. Hong Kong was largely down, led by Tencent -1.36%, Meituan -2.21%, and ...
Warburg Pincus-Backed ESR To Build Maiden Logistics Hub In Hong Kong After Winning Land Auction
The Kwai Chung container port in Hong Kong. ESR won the bid to develop a logistics hub near the Kwai … [+] Chung Container Terminal, one of the world’s busiest ports. Marc Fernandes/NurPho...
Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe
Didi’s ride-sharing app. Costfoto/Future Publishing via Getty Images Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global,...
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...
Didi To Resume Normal Operations, Hong Kong Volumes Plummet
China Last Night KraneShares Key News Asian equities posted mixed results on light volumes as summer doldrums kicked in. The WSJ reported that “according to people familiar with the issue,” Didi will ...
Policy Support For Clean Energy & Real Estate Lifts Stocks
China Last Night KraneShares Key News Asian equities started the week on a strong note except for Japan, which was off for Marine Day, a national holiday meant to give thanks for the ocean’s bounty. M...
Hong Kong Short Sellers Press Their Bets, Week In Review
China Last Night KraneShares Week in Review It has been a difficult week for markets globally as the US and Asia saw sharp equity declines on recession fears in the US and a higher-than-expected infla...
Growth Stocks Rule The Day As Value Sectors Underperform
China Last Night KraneShares Key News Asian equity markets were mixed overnight, as growth stocks outperformed in the region. The growth stock and growth sector outperformance occurred in Hong Kong an...
Solar Stocks Shine As New Video Game Approval Lifts Hong Kong Internet Stocks
China Last Night KraneShares Key News Asian equities were mixed as Taiwan had a strong day, the Philippines underperformed, and Thailand had a market holiday for Asarnha Bucha Day, which according to ...
Foreigners Freak Out About COVID Outbreak
China Last Night KraneShares Key News Asian equities were largely lower though Japan outperformed while several countries were off for Eid al-Adha, which is the most important holiday celebrated in Is...
Alibaba HK Above 200-Day Moving Average For 1st Time Since February 2021, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as some markets rebounded such as South Korea and a handful of internet stocks, especially Alibaba, continued their rebo...
Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong
Soho China CEO Zhang Xin, second from right, chats with guests at her newly opened Galaxy Soho … [+] building in Beijing in 2012. Galaxy Soho, a new office, retail and entertainment building, wa...
EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem
China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...
Markets Take Breather
China Last Night KraneShares Key News Asian equities were largely lower while India and the Philippines outperformed. Hong Kong and China were off as recent outbreaks in several cities raise lockdown ...
Yellen & Liu He Speak, China Health Care Outperforms
China Last Night KraneShares Key News Asian equities were mixed overnight as Hong Kong and Mainland China were underperformers on low volumes after strong performance last week, closing flat and sligh...
Missing Chinese-Canadian Mogul Will Stand Trial In China, Embassy Says
Topline Xiao Jianhua, a Chinese-Canadian mogul who was reportedly seized from Hong Kong with little explanation in 2017, is set to stand trial in China on Monday, Canada’s embassy in Beijing told Forb...
June Caixin PMI Beats Expectations, Week In Review
China Last Night KraneShares Week in Review Asian equity performance was mixed this week. Hong Kong and Mainland China have led gains in Asia for the week and for the quarter. Internet stocks were hig...
Chinese President Xi Jinping Praises ‘One Country, Two Systems Success As He Swears In New Hong Kong Leader
China’s President Xi Jinping waves following his speech after a ceremony to inaugurate the city’s new leader and government in Hong Kong on July 1, 2022, on the 25th anniversary of the cit...
Hong Kong Stock Exchange Closed On July 1
The Hong Kong Stock Exchange is one of the world’s largest. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP The Hong Kong Stock Exchange is closed today, July 1, to mark the former B...
Chinese Equities Outperform Asia For The Day, Week, Month & Quarter
China Last Night KraneShares Key News Asia ended the month with a thud except for China which is fitting as China and Hong Kong equities were the only positive markets for the month. For Q2, China and...
Profit Taking Hits Despite Travel Booking Bonanza Post Quarantine Easing
China Last Night KraneShares Key News Asian equities were a sea of red following the US equity downdraft yesterday. China and Hong Kong were hit with a round of good old fashion profit taking in advan...
Trip.com Financial Results Beat & Benefits From China Covid Easing
China Last Night KraneShares Key News Asian equities were largely higher as China, the Philippines, and Malaysia outperformed. Hong Kong and China both opened lower but did a mid-day 180 as reports ca...
Dutch Treat For JD, Hong Kong Internet Gains
China Last Night KraneShares Key News Asian investors did not forget about Fed Chair Powell’s less aggressive comments on interest rate hikes on Friday as equities had a strong start to the week, exce...
Alibaba Leads Hong Kong Internet Charge, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as South Korea faltered and China markets gained, especially the internet sector, which saw a major improvement in senti...