China Last Night KraneShares Key News Asian equities cheered Powell’s dovish speech yesterday while Indonesia announced a trading tax which investors gave a Bronx cheer/the thumbs down on. Vice ...
Tag: Kuaishou
Meituan Earnings Excel, Week In Review
China Last Night KraneShares Week in Review Asian equities ended a choppy trading week mostly lower on global growth concerns, while China real estate developers outperformed as policy support begins ...
Baidu & Kuaishou Earnings Highlight Cost Efficiency
Kuaishou Earnings Overview Kuaishou reported earnings that came in below analyst estimates, posting a third-quarter loss of RMB -3 billion. Some analysts have lowered their revenue and user growth est...
JD Beats, Hong Kong Tech Concludes Strong Week, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week while Hong Kong-listed internet and real estate stocks outperformed. President Biden met with President Xi on the sideli...
Tencent’s Q3 Largely Beats While Gifting Meituan Shares To Shareholders
China Last Night KraneShares Key News Asian equity markets posted small losses except for India which managed a small gain. The Asia dollar posted a loss of -0.23% versus the US dollar breaking a four...
Markets Cheer Dynamic Zero COVID, Major City Mobility Tracker, Week In Review
China Last Night KraneShares Week in Review Auditors from the US Public Company Accounting Oversight Board (PCAOB) have left Hong Kong, which investors took as a positive sign that they had a successf...
State Council Balances Zero Covid & The Economy As Guangzhou Takes Center Stage
China Last Night KraneShares Key News Asian equities were a sea of red, as Singapore and Malaysia managed small gains. The onshore versus offshore dynamic played out again overnight as offshore China,...
Hong Kong Internet Stocks Bounce As Alibaba’s Singles Day Kicks Off
China Last Night KraneShares Key News Asian equities were mixed overnight as the Asia dollar index made another 52-week low. Please see our take on yesterday’s market volatility using the below link: ...
Markets Fear Worst As Mainland Investors Buy Foreign Selling
China Last Night KraneShares Key News Asian equities were largely higher though Hong Kong and Mainland China underperformed while multiple markets were closed for Diwali, the five-day Hindu religious ...
Hong Kong Sees Strong Inflows From Mainland Investors, Week In Review
China Last Night KraneShares Week in Review Asian equities had a choppy week of trading as Mainland investors poured into Hong Kong stocks, awaiting the results of the 20th National Party Congress (NP...
Hong Kong Reopening Announced Along With Pro-Consumption Policies
China Last Night KraneShares Key News Asian equities had a positive day on light volumes led by growth stocks across the region. The Hong Kong government announced ending its hotel quarantine for fore...
PCAOB Begins Audit Reviews
China Last Night KraneShares Key News Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. However, India manage...
Moonshot Weighs On Wuxi While Nio Fans Rejoice In ET5 Launch
China Last Night KraneShares Key News Asian equities were largely higher while Hong Kong was off as the Asia Dollar Index increased overnight. Hong Kong and Chinese biotech stocks were hit hard after ...
Property Markets Rebound And Tencent Continues Buybacks, Week In Review
China Last Night KraneShares Week in Review Asian equities had a mixed week as the Hang Seng and Hang Seng Tech had a down week following further China lockdowns, however, Mainland markets were positi...
Prosus Selling Weighs On Tencent Despite Buybacks
China Last Night KraneShares Key News Asian equities cheered the US dollar’s fall as it approached big psychological numbers such as China’s CNY at 7 and the Japanese Yen nearing 150. Pure speculation...
Mainland Market Gets Its Growth Stock On
China Last Night KraneShares Key News Asian equities had an off day except for China, Malaysia, and Thailand as the Asian currency index posted another 52-week low versus the US dollar. Today was anot...
Mainland Rises On PBOC’s Currency Intervention
China Last Night KraneShares Key News Asian equities had a mixed night on light volumes following an off day yesterday. Media headlines are more negative than usual as COVID lockdowns in Chengdu and n...
Tencent Denies Financial Times Divestment Article, Week In Review
China Last Night KraneShares Week in Review Asian equities had a mixed week as US dollar strength and Fed Chair Powell’s hawkish comments from Jackson Hole weighed on local currencies in the region, a...
Baidu Beats, Hong Kong Short Volume Reaches All Time High, And US Dollar Takes A Breather
China Last Night KraneShares Key News Asian equities had a strong day, less so China and Hong Kong while India outperformed as the US dollar took a breather from its recent strong run. One has to wond...
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’s Typhoon Tears Internet Shorts To Shreds As Alibaba And JD.com Rise
China Last Night KraneShares Key News Asian equities had a good day with Hong Kong having a fantastic day despite the morning session, 9:30 to noon followed by a one-hour lunch break before afternoon ...
Jerome Powell & US Dollar Summer Global Wrecking Ball Tour Continues
China Last Night KraneShares Key News Asian equities were mixed/lower overnight as South Korea, India, and Southeast Asia managed small gains while Japan, Hong Kong, and China were off. Global equitie...
JD.com & CATL Results Beat Expectations
China Last Night KraneShares Key News Asian equities were largely lower with India, Thailand, and Indonesia outperforming. The real action took place after the market’s close with a multitude companie...
Alibaba Confirms TikTok Partnership, Loan Prime Rate Sees Asymmetric Cut
China Last Night KraneShares Key News Asian equities had a rough start to the week following Friday’s US equity selloff except for China, Singapore, and New Zealand, which managed positive returns tod...
Tencent Rumored Meituan Sale Weighs On Hong Kong, Can The China Real Estate Phoenix Rise From The Ashes?
China Last Night KraneShares Key News Asian equities were largely higher as the Philippines had a strong day while Japan and Hong Kong were off. Hong Kong was up through mid-day/intra-day with a high ...
Alibaba’s Softbank Overhang Clarified As Foreigners Fret
Key News Asian equities were a sea of red on light volumes as South Asia held up slightly better than North Asia following the US equities meltdown yesterday. After the Hong Kong close, Alibaba and So...
Baidu To Offer Robo Taxis In More Cities, Alibaba Prepares For Southbound Connect Eligibility
China Last Night KraneShares Key News Asian equity markets were largely higher on light summer volumes as Pakistan was closed for Ashura, an important Islamic holiday that occurs on the tenth day of M...
Alibaba Beats As Hong Kong Internet Rebounds & Defense Stocks Fall
China Last Night KraneShares Alibaba Q2 Earnings Overview Alibaba beat on the big three numbers investors and analysts care about: Revenue, Adjusted Net Income, and Adjusted EPS. YES, year over year, ...
Risk Off Ahead Of Taiwan Trip
China Last Night KraneShares Key News Northern Asia equities, i.e., Japan, China, Hong Kong, Taiwan, and South Korea, had a significant risk-off day while Southern Asia held up surprisingly well. Nanc...
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 ...