China Last Night KraneShares Key News Asian equities were mixed as Mainland China and Hong Kong outperformed, Taiwan and South Korea posted small gains, while Japan, India and Thailand posted declines...
Tag: Meituan
Bilibili Gets Connected As Bank Contagion Goes Global, Week In Review
China Last Night KraneShares Week in Review China’s “Two Sessions” meetings of the 14th National People’s Congress are set to conclude this weekend after an unsurprising week in which a GDP target of ...
Consumer spending in China isn’t surging back yet, companies say
A JD.com courier drives past the Zaha Hadid-designed Galaxy Soho complex in Beijing, China, on Saturday, Feb. 18, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China has yet to see a strong reb...
JD Releases Q4 Financial Results
China Last Night KraneShares JD.com Q4 Earnings Overview JD.com (JD US, 9618 HK) announced Q4 financial results post-Hong Kong close/pre-US market open. We knew Q4 would be challenging as zero COVID’s...
Trip.com Financial Results Provide Important Insight Into China’s Reopening
China Last Night KraneShares Key News Asian equities were higher overnight, with China and Hong Kong underperforming. India was off for Holi, which celebrates the arrival of spring according to Google...
PMIs Smash Expectations Leading To A Three Standard Deviation Day In Hong Kong
China Last Night KraneShares Key News Asian equities were higher overnight with Hong Kong and Mainland China outperforming. Several Asian countries underperformed while South Korea was on holiday for ...
Hang Seng index enters correction as Meituan, Baidu stocks diverge
Global stocks have pulled back as investors reset their expectations about what the Federal Reserve will do in the coming months. In Hong Kong, the blue-chip Hang Seng (HSI) index crashed to a low of ...
Alibaba Beats! (Along With NetEase & Vipshop)
China Last Night KraneShares Alibaba Q4 Earnings Overview Alibaba beat analyst expectations in its financial results, reported this morning, despite challenges from reopening and resulting infections ...
Shanghai Breaks Out As “Competition Fears” & Strong Dollar Sink JD.com
China Last Night KraneShares Key News Asian equities were mixed overnight with Hong Kong underperforming on weakness in internet stocks. Worth pointing out that the Hang Seng and Hang Seng Tech gained...
Bullard Bites The Bulls As Mester Messes With Risk On Sentiment, Week In Review
China Last Night KraneShares Week in Review It was another choppy week of trading for Asian equities as investors assess their risk tolerance considering the potential for two or more rate hikes from ...
China Renaissance shares plunge after it says founder Bao Fan is missing
Bao Fan, founder and chief executive officer of China Renaissance, speaks at a conference in California in 2016. Bloomberg | Bloomberg | Getty Images BEIJING — Prominent Chinese investment banker Bao ...
Declining Birthrate Policies Arrive As Hong Kong Internet Stocks Rise
China Last Night KraneShares Key News Asia equities were higher overnight as Hong Kong and South Korea outperformed, while Mainland China underperformed. Hong Kong internet stocks shook off yesterday’...
Investors Wait For US CPI & Internet Earnings
China Last Night KraneShares Key News Asian equities were mixed on light volumes in advance of today’s US CPI release as markets appear to have caught onto the Fed’s focus on inflation. Despite a stro...
Economic And Corporate Profit Rebound Lifts Markets
China Last Night KraneShares Key News Asian equities were largely lower following a decline in US stocks, though China and Hong Kong had a strong day. Shanghai, Shenzhen, and Hong Kong all opened lowe...
Yum China Provides A Look At China’s Consumer, Tik Tok Flip Flops On Food Delivery Launch
China Last Night KraneShares Key News Asian equities were largely higher overnight as Taiwan and South Korea outperformed while China, Hong Kong, Japan, Malaysia, and Thailand posted declines. Unfortu...
Baidu’s Ernie Bot Powers Hong Kong Rise
China Last Night KraneShares Key News Asian equities were mixed as North Asia (Japan, South Korea, Taiwan, China & Hong Kong) posted gains while South Asia (India, Singapore, Indonesia, Malaysia, ...
Balloon Pops Blinken’s Visit, For Now
China Last Night KraneShares Key News Asian equities were largely lower after Friday’s unexpectedly strong US nonfarm payroll release that potentially pauses the Fed pivot, which is weighing on US equ...
CNY Rallies As Central Banks Hike Interest Rates
China Last Night KraneShares Key News Asian equity markets were broadly higher as Taiwan and South Korea outperformed. Central banks, including the Hong Kong Monetary Authority, the European Central B...
President Xi Addresses Domestic Consumption In Speech
China Last Night KraneShares Key News Asian equities had a strong day following US stocks’ positive move yesterday, with the Philippines having a very strong day in advance of today’s Fed +25 bps rate...
Political Rhetoric Or Negotiating 101, PMIs Shine! BYD’s BOOM!
China Last Night KraneShares Key News Asian equities were lower in advance of central banks hiking interest rates this week, while India managed a small gain and the Philippines and Taiwan underperfor...
The Year Of The Rabbit Hops To It
China Last Night KraneShares Key News Asian equities were mixed overnight as central bank meetings will dominate this week as Taiwan outperformed while Hong Kong-listed internet stocks were hit with p...
PBoC Launches Digital Yuan Smart Contract Functionality on E-Commerce App Meituan
The Chinese central bank has launched smart contract functionality for its digital yuan amid new use cases. China recently launched smart contract functionality on its digital yuan via one of its prom...
Hong Kong Internet Stocks Shout Gong Hei Fat Choy, Week In Review
China Last Night KraneShares Week in Review China released 2022 economic data this week. GDP grew by +3.0% while retail sales declined by -0.2%, less than expected. Chewy founder Ryan Cohen announced ...
Foreign Investors Buy China In Size
China Last Night KraneShares Key News Asian equity markets were mixed as China, South Korea, and Indonesia outperformed while Hong Kong, Japan, India, and the Philippines were lower. Shanghai and Shen...
The Importance Of Vice Premier Liu He’s Davos Speech
China Last Night KraneShares Key News Asian stock markets were largely higher as Japan outperformed as the BoJ reaffirmed its commitment to yield curve control. US-listed Chinese stocks were down yest...
Investor Calls For More Buybacks From Alibaba, GDP & Retail Sales Beat Expectations
China Last Night KraneShares Key News Asian equity markets were largely lower as Pakistan was off nearly -3.5% following a largely positive day in the region on Monday. Hong Kong was mixed on Monday a...
Rally Catches Its Breath As World Bank Releases 2023 GDP Forecast
China Last Night KraneShares Key News Asian equities were mixed overnight while Japan and South Korea outperformed. Hong Kong and China eased in afternoon trading though the Hang Seng closed in the gr...
Alibaba’s Ant Could Be Marching Toward An IPO, CNY’s Remarkable Ghost Rally
Key News Asian equities had a strong day as Japan was on holiday for Respect for the Aged Day. Jack Ma’s voting rights in financial technology giant Ant Group were lowered to 6.2% from 53.4%, though h...
Reopening Rolls On, Clean Tech Jumps, Week In Review
China Last Night KraneShares Week in Review Asian equities started 2023 with China outperforming as the country gears up to allow foreign visitors to enter the country quarantine-free starting Sunday....
Foreign Investors Raise China Allocations Overnight
China Last Night KraneShares Key News Asian equity markets were higher as Hong Kong, China, and Singapore outperformed, while Indonesia was off more than -2%. Relatively quiet from a news perspective ...