China Last Night KraneShares Key News Asian equity markets were mixed as Hong Kong outperformed. South Korea, the Philippines, and Australia outperformed while Japan, India, and Indonesia underperform...
Tag: Meituan
Markets Look Forward As Beijing & Guangzhou Are Past COVID Peak
China Last Night KraneShares Key News Asian equities were largely higher to start 2023 except for Japan, which took another day off today. Both Hong Kong and China opened lower with the Hang Seng down...
Happy New Year As Electric Vehicle & Auto Companies Celebrate Policy Support, Week In Review
China Last Night KraneShares Week in Review Asian equities had a bumpy week as reopening, and the spread of COVID in China continued to capture headlines, and US equities came back from the Christmas ...
CNY Ignores Western Headlines, Tencent Rises
China Last Night KraneShares Key News Similar to yesterday, North Asia was off, while South Asia managed small gains on light volumes following the US equity market sell-off yesterday. US tech weaknes...
BioNTech MRNA Vaccine Approved In Hong Kong, Week In Review
Week in Review Asian equities started the week lower as the Bank of Japan unexpectedly raised its yield ceiling on government bonds, but gained some ground later in the week as Hong Kong outperformed....
Hong Kong Rally Enjoys The Silence
Key News Asian equity markets had a good day as Hong Kong outperformed while Mainland China and India were off. The nattering nabobs of negativity are so focused on COVID’s spread in China they ...
Chinese Tourism Stocks Rally
China Last Night KraneShares Key News Asian equities were mixed overnight on light volumes. COVID’s spread in China is garnering more attention than I would have thought from Western media. 100%...
Bank Of Japan Bazookas Risk Assets
China Last Night KraneShares Key News Asian equities were poised for a weak day following Monday’s US stock market drop. The weak start went from bad to worse mid-morning as the end of the Bank ...
Hong Kong Internet Stocks Ride Policy Tailwind As Covid-19 Weighs On Mainland Sentiment
China Last Night KraneShares Key News Asian equities had a rough Monday, less so India and Singapore as Lionel Messi turned the world into soccer fans (at least temporarily!) with Argentina’s thrillin...
PCAOB Announcement – Complete Access To Inspect And Investigate Chinese Firms
China Last Night KraneShares Key News In big breaking news, the PCAOB announced that it has secured complete access to inspect and investigate Chinese firms for the first time in history. This could b...
Pfizer’s Paxlovid Approved In China, State Council Emphasizes Domestic Consumption
China Last Night KraneShares Key News Asian equities were higher following yesterday’s lighter-than-anticipated US CPI print (sarcastically, only 7.1%!) though volumes were light in advance of today’s...
Hong Kong Eliminates Inbound Travel Restrictions
China Last Night KraneShares Key News Asian equities were broadly higher as China, Taiwan, and South Korea underperformed though volumes were light in advance of today’s US CPI release and tomorrow’s ...
The Real Estate Phoenix Rises From The Ashes, Week In Review
Week in Review Asian equity markets had a mixed performance week as Hong Kong, and Mainland China were the only markets to end the week higher on China reopening and the real estate rebound. China’s P...
Hong Kong Internet Rally Goes Free Solo On The Wall Of Worry
China Last Night KraneShares Key News Asian equities were mixed/mainly lower, as Hong Kong outperformed significantly, India managed a small gain, and the Philippines closed for the Feast of the Immac...
Politburo Emphasizes Domestic Consumption As China Trade Data Gives Global Economy Thumbs Down
China Last Night KraneShares Key News While not a day that will live in infamy, Asian equities had a rough outing following the Nasdaq’s -2% drop yesterday, with the Goldman Sachs CEO’s pessimis...
Mainland Investors Buy The Dip As COVID Rollback Rolls On
China Last Night KraneShares Key News Asian equities were largely lower, as the Philippines had a great day and China posted a small gain. Hong Kong was off overnight though not nearly as much as US l...
Internet & Reopening Plays Roll On
China Last Night KraneShares Key News Asian equities were mostly higher as Hong Kong and Mainland China outperformed while Thailand was on holiday for the late King Bhumibol Adulyadej’s Birthday. The ...
Guangzhou Traffic & Metro Usage Confirms New Government COVID Policies, Week In Review
China Last Night KraneShares Week in Review US and Hong Kong-listed internet stocks outperformed this week on reopening speculation and earnings. Pinduoduo and Bilibili reported better-than-expected Q...
Markets Cheer As Vice Premier Confirms COVID Restriction Dial Back
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 ...
Reopening Drives Market Higher, Ignoring COVID Cases And PMIs
China Last Night KraneShares Key News Asian equity markets were largely higher as Hong Kong outperformed, Japan underperformed, and the Philippines were off for Bonifacio Day in honor of national hero...
NHC Announces Elderly Vaccination Push, Real Estate Receives Policy TLC
China Last Night KraneShares Key News Asian equities had a strong day led by Hong Kong which had a stronger rally overnight than US listed China ADRs yesterday. We should see another positive day in U...
China Reopening Plays Rise As Pinduoduo Beats In Q3 Financial Results
China Last Night KraneShares Key News Asian equities were largely lower though off their intra-day lows, except for India and the Philippines, which managed small gains while Malaysia was closed for a...
Chinese Delivery Giant Meituan Reports 28% Jump in Q3 2022 Revenue
After Asian trading hours, the shares of the company 1.66% to 136.60 HKD. Hopefully, the company’s shares will rebound when investors soak in the positive financials shared in the coming weeks Chinese...
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 ...
China Equities Lower As Dynamic Zero COVID Is Tested
China Last Night KraneShares Key News Asian equities were mixed overnight as China markets lagged the rest of the continent as an area near Beijing was shut down partially. China’s dynamic COVID polic...
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...
PCAOB’s Finish Line, Dynamic Zero Reiterated, Alibaba & NetEase Report
China Last Night KraneShares Alibaba & NetEase Q3 Earnings Overview Alibaba (BABA US, 9998 HK) reported before the US market open this morning. Zero COVID policy continued to weigh on domestic con...
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...
Hong Kong Internet Stocks Gain On Biden Xi Meeting
China Last Night KraneShares Key News Asian equities had a good day as China and Hong Kong outperformed following President Biden and Xi’s positive get-together in Bali along with continued support fo...
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: ...