Text size The Rivian R1S. Pension giant Calpers bought more Rivian shares in the second quarter. Courtesy of Rivian America’s largest public pension has increased bets in electric-vehicle makers. Cali...
Tag: Li Auto
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 ...
Economy Takes Center Stage, Prompting The PBOC To Take Action
China Last Night KraneShares Key News Asian equities were mixed overnight as India was closed for Independence Day and South Korea was closed for Liberation Day. Mainland China and Hong Kong both boun...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
Mainland Moves As Apple Ecosystem Flies And Hong Kong Shorts Scramble
China Last Night KraneShares Key News Asian equities followed yesterday’s strong move in US equities higher. Japan missed out on the fun as it was on holiday for Mountain Day, which according to Wikip...
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...
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...
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...
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...
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...
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...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In June
A BYD Tang vehicle on sale in Beijing last year. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the China vehicle and battery maker backed by Warren Buffett’s Berkshire Hathaway, ...
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...
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...
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...
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 ...
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...
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...