Pedestrians are reflected in the window of a Bosideng store. Photographer: Nelson Ching/Bloomberg … [+] News © 2021 Bloomberg Finance LP Bosideng, China’s top home-grown down jacket brand, said ...
Tag: Hong Kong
F-star Surges 60% On $161 Mln Acquisition Offer By Chinese Billionaire Family’s Sino Biopharmaceutical
Gains in economic development and income have turned China into one of the world’s largest markets … [+] for pharmaceuticals and spawned home-grown industry heavyweights. (Photo by Kevin F...
EVs & Internet Gain On Policy News, China Markets Outperform In Asia
China Last Night KraneShares Key News China outpaced the rest of Asia overnight as the continent’s markets were mixed as concerns over global growth continue to mount. Yesterday, US Fed Chair Jerome P...
Shopping Festival Sales On June 18 Rise & Highlight New Consumer Habits, Asian Equities Flash Risk Off
China Last Night KraneShares Key News Asian equities were mostly lower overnight despite the significant comeback in the US yesterday. Hong Kong saw a slight uptick in volume as Mainland China saw low...
Hong Kong Outperforms As Growth Leads, Biden Mulls Tariff Action
Key News Asian equities were mixed but mostly higher overnight as Hong Kong outperformed, driven by growth and internet stocks as optimism gathers over the end to lockdowns in China and an improving m...
JD And Alibaba Lead Internet Rally, PBOC Accepts Ant’s Financial Holding Company Application, Week In Review
China Last Night KraneShares Week in Review Hong Kong and Mainland China were the only markets in Asia with positive performance for the week. Southbound Stock Connect volumes were elevated on Monday ...
Chinese Education Tycoon Regains Billionaire Status By Pivoting To Livestreamed Sales
Yu Minhong, founder and chairman of New Oriental Education & Technology Group Inc. (Photo by Visual … [+] China Group via Getty Images/Visual China Group via Getty Images) Visual China Group...
Swiss Interest Rate Hike Turns Asian Equities Into Swiss Cheese As Mainland Investors Ignore Risk Off
China Last Night KraneShares Key News Asian markets had a decent day until the Swiss National Bank unexpectedly raised interest rates 50 basis points sending risk assets south immediately. Returns wer...
No Medium-Term Lending Facility Rate Cut But Online Retail Sales Pick Up
China Last Night KraneShares Key News Asian equities were a sea of red excluding Hong Kong and China, which posted gains. The PBOC kept the 1-year medium-term lending facility rate at 2.85% despite th...
As The World Tightens, China Prepares To Ease
Key News Asian equity markets were off following yesterday’s US equity market meltdown, as Australia reopened with a thud while China and Hong Kong outperformed. Both Hong Kong and China were down nea...
Mainland Investors Buy The Dip In Hong Kong
China Last Night KraneShares Key News Asian equities didn’t forget about Friday’s US CPI print nor the ECB’s rate hike language leading to a similar fall as we had in Europe and the US Friday. Bitcoin...
Alibaba Bounces As China Outperforms On Muted Inflation, Week In Review
China Last Night KraneShares Week in Review On Monday, it was reported that the cybersecurity review of Didi had been completed. The review’s conclusion should allow Didi, along with Full Truck Allian...
Ant IPO, Bilibili Q1, 618 Event, Nio Q1 & Inclusion
China Last Night KraneShares Key News Asian equities were lower overnight, less India as Hong Kong internet names pulled back after yesterday’s monster move (or, as my Boston friends would say, Monsta...
China SUV Leader Great Wall’s Shares Drop Nearly 5% After Latest Sales Decline
A Great Wall Motor premium brand electric sedan dubbed ‘Jijialong’ in Chinese was on display during … [+] the 19th Guangzhou International Automobile Exhibition in November 2021. (Ph...
Hong Kong Internet Stocks Fly On Significant Volume Increase
China Last Night KraneShares Key News Asian equities were largely higher as Hong Kong outperformed and India underperformed. Today was more important than what initially meets the eye as Hong Kong vol...
Reopening Continues As Hello Group Inc. Beats
Key News Asian equity markets were mixed overnight on light volumes as South Korea underperformed. Investors clipped gains in Hong Kong’s clean technology ecosystem stocks following yesterday’s strong...
Meituan Motors, EVs Electrify, Didi To Relist In Hong Kong
China Last Night KraneShares Key News North Asian equity markets outperformed South Asia, led by China and Hong Kong while Malaysia and South Korea were closed. Today’s Wall Street Journal article on ...
China Tourist Trips, Revenue Fell During Dragon Boat Festival
Children wearing face masks ride on a cart at a public park on the first day of the Dragon Boat … [+] Festival holiday in Beijing, Friday, June 3, 2022, as China’s capital has begun to reo...
Mainland China, HK Stock Exchanges Closed For Dragon Boat Festival On June 3
Aerial view of contestants attending the opening ceremony of a dragon boat race in China in 2020. … [+] (Photo by Tan Kaixing/VCG via Getty Images) VCG via Getty Images Stock exchanges in mainla...
Mainland China Outperforms, Meituan Earnings Highlight Strong Growth Despite Lockdowns
China Last Night KraneShares Asian equities were mixed but mostly lower overnight though Mainland China was an outlier to the upside. Real estate and energy were bright spots in both Hong Kong and Mai...
Weibo Earnings Negate Investor Pessimism
China Last Night KraneShares Key News Asian equities were mixed overnight following the lackluster performance on Wall Street yesterday. Internet stocks were clipped after strong performance yesterday...
PMIs Beat, Technology Leads Gains
China Last Night KraneShares Key News Asian equities were mostly higher overnight as Hong Kong and Mainland China led gains in the region following the Memorial Day holiday in the US. It was a good da...
Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review
China Last Night KraneShares Week in Review Asian equities had a relatively upbeat week overall as President Biden visited the region and China internet earnings season kicked off with a few surprises...
Alibaba Shares Jump As Chinese E-Commerce Giant Posts Record Transactions
Signage displayed at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, Photographer: … [+] Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP Alibaba’s stock jumped in Hong Kong afte...
Alibaba & Baidu Beat!
China Last Night KraneShares Key News Asian equities were mixed overnight as Indonesia, like many European markets, was closed for Ascension Day. The State Council held a conference call with a rumore...
Hong Kong Cheers NetEase & Kuaishou Results
China Last Night KraneShares Key News Asian equities were largely higher as China outperformed while Japan, India, and Indonesia were off slightly. US-listed China internet stocks fell yesterday despi...
Snap Snags Growth Stocks While NetEase And Kuaishou Beat Expectations
China Last Night KraneShares Key News Asian equities curbed the enthusiasm we saw in US equities yesterday as only Indonesia managed a positive day. Asian growth stocks were hit hard following Snap’s ...
Robert Kuok’s Kerry Properties Sells Hong Kong Warehouses To China Resources For $588 Million
Robert Kuok Nora Tam/SCMP Kerry Properties—controlled by Malaysia’s richest person Robert Kuok—has agreed to sell two of its warehouses in Hong Kong to China Resources Logistics, a unit of state-owned...
from yachts to the United Nations
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an offic...
Mainland Markets Shrug Off Headlines
China Last Night KraneShares Key News Asian equities were mixed overnight as President Biden visited the region. On the positive side, US tariffs on Chinese consumer goods might be cut. Also, Australi...
LPR Cut & WHO Approval Of China Vaccine Catalyze Markets, Week In Review
China Last Night KraneShares Week in Review It was yet another choppy week of trading for Asian equities, which mirrored the US. However, both Hong Kong and Mainland China were up for the week. China ...