China Last Night KraneShares Week in Review Asian equities registered another choppy week of trading, mirroring US and developed markets. Markets were deepest in the red on Monday as investors feared ...
Tag: Meituan
China Gov’t Goes “All-Out” While Q1 Earnings Power Rebound
China Last Night KraneShares Key News Asian equities were off following the US equity market’s downdraft as China, and Hong Kong were the only markets up. The Shanghai Composite gained +2.49%, Shenzhe...
PBOC & State Council Lift Internet And Consumption Plays
China Last Night KraneShares Key News Asian equities were largely higher. Mainland China was off, and Australia returned from yesterday’s holiday off -2.08% as commodity prices retreated. Two key piec...
Hong Kong-Listed Internet Stocks Bounce As Asian Investors Note Positives, Week In Review
China Last Night KraneShares Week in Review Asian equities had an off week as Hong Kong had a short week due to Easter Monday. According to a release Monday, China’s GDP grew by +4.8% year-over-year i...
Buyers Strike As CSRC Recommends Raising Equity Allocations
China Last Night KraneShares Key News Asian equities had a mixed day as Japan and India rebounded while Hong Kong, China, and the Philippines were down/underperformed. Going into today’s session, we k...
Markets Wait For PBOC, Internet Stocks Play Catch Up
China Last Night KraneShares Key News There was a strong storm in NYC last night. The wind howled like a hurricane, waking me up several times. My patchy sleep was similar to Asian markets, which were...
JD’s Founder Steps Back As Fed Fears Weigh On Sentiment
China Last Night KraneShares Key News Asian equity markets followed the US market’s southward trajectory overnight, following the Fed confirming rising rates and balance sheet contraction. If one were...
Differentiating Private And State-Owned Companies May Be The HFCAA Solution
China Last Night KraneShares Week in Review Meituan (3690 HK) jumped +11.56% after posting better-than-expected financial results on Monday after the Hong Kong close last Friday. TikTok rival Kuaishou...
TikTok Rival Kuaishou Beats Expectations As Hong Kong Internet Gains
China Last Night KraneShares Key News Asian equities had a strong day on Ukraine peace talks in Turkey while China was off though not significantly. The Hang Seng Index gained +1.12% led by Hong Kong ...
Meituan Leads Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. Meituan (3690 HK) jumped...
Meituan Shares Surge as Much as 15% After Earnings Report
(Bloomberg) — Shares of Chinese food delivery giant Meituan surged as much as 15% in Hong Kong after its fourth-quarter results impressed analysts. Most Read from Bloomberg The stock snapped a t...
Nio And Meituan Under Pressure As Investors Ask “Where’s The Beef?”, Week In Review
China Last Night KraneShares Week in Review Asian equities saw choppy trading this week as geopolitics and higher commodity prices continued to present risks and growth/internet stocks saw some pressu...
Tencent Reports Q4 Financial Results With An Eye To The Future
China Last Night KraneShares Tencent Q4 Earnings Overview Tencent reported Q4 financial results after the Hong Kong close. 2021 was described as a “challenging year” while the industry is going throug...
Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review
China Last Night KraneShares Key News Asian equities were largely higher despite the US’ Fed Chair driven downdraft led by Hong Kong, Japan and India. Alibaba (BABA US, 9988 HK) announced it would inc...
Tencent, Meituan, JD.com, And Kuaishou Lead Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities had a mixed day as India, Singapore, Malaysia, and Thailand posted positive returns. Japan, China, and Hong Kong declined and South Korea was close...
Mainland Gives Capitulation Sign As Decliners Outpace Advancers 40 To 1
Key News The wind was howling so loud last night it woke me up as an ill wind was blowing in Asia as equity markets were down overnight apart from India which didn’t get the message that the world is ...
Russia Leads To Risk-Off, Proactive Policies Announced From Dual Sessions
China Last Night KraneShares Key News Asian equities were firmly in the risk-off camp due to the Ukraine/Russia situation, rising oil prices, and potential Fed rate hikes. China and Hong Kong were not...
Chinese Web Giant Tencent Cuts Transaction Fees For SMEs On WeChat
A Chinese vendor stands next to a QR code customers scan to pay via the WeChat app at a local market … [+]t in Beijing, China. (Photo by Kevin Frayer/Getty Images) Getty Images Chinese web giant...
51 Job To Go Private, Asia Follows US Lower
China Last Night KraneShares Key News Asian equities were mostly lower overnight after the US market decline yesterday. Growth equities, including internet stocks, saw positive performance on Tuesday,...
Is The Worst Over For China’s Internet Giants?
Signage displayed at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Monday, Feb. … [+] 21, 2022. (Photo by Qilai Shen/Bloomberg) © 2022 Bloomberg Finance LP China’s largest i...
Alibaba Reaches 1.3 Billion Annual Active Consumers, Russian Invasion In Ukraine Sends Asia Equities Lower
Key News Asian equities were a sea of red overnight as Russia began an offensive in Ukraine, citing support for breakaway eastern provinces, but launching airstrikes as far away as Kyiv. Alibaba repor...
Semiconductor Stocks Soar, Asia Rebounds
China Last Night KraneShares Key News Asian equities were mostly higher, rebounding from yesterday’s downdraft and ignoring US equities’ decline yesterday. Earnings season kicked off this week in Main...
Russia Turns Asia Markets Red Overnight
China Last Night KraneShares Key News Asia was a sea of red overnight. Several negative headlines led to a very ugly night following an ugly day in Hong Kong on Monday. Investor’s concerns included Ru...
Meituan Shares Fall On NDRC Guidance, Week In Review
Week in Review Asian equities began the week lower as investors globally were risk-off on concerns about the Russia/Ukraine conflict. However, most major Asian indexes gained some ground back later in...
PBOC Gets The Green Light To Ease As Inflation Moderates
China Last Night KraneShares Key News Asian equities had a strong day except for India’s small decline on Russia/Ukraine de-escalation hopes. China and Hong Kong had a good day driven by declining Chi...
Wuxi Biologics’ Decline & Global Growth To Value Rotation Continue, Week In Review
China Last Night KraneShares Week in Review A rumor that Alibaba’s registering of 1 billion new shares on Friday was linked to SoftBank selling its stake weighed on China internet stocks on Monday. So...
Alibaba & XPeng Have A Gargantuan Day As Markets Go Green
China Last Night KraneShares Key News Asian equity markets had a very strong night with every market in the green as the majority of markets were up more than +1%. Alibaba jumped as Softbank announced...
The Year Of The Tiger Starts With A Roar
China Last Night KraneShares Key News Kung Hei Fat Choi! Asia had a strong day as Hong Kong traders returned from vacation in good spirits. The Hang Seng Index gained +3.24%, led by internet companies...
China’s JD.com CEO Richard Liu To Donate More Than $2 Billion Of Shares To Charity
Richard Liu, founder and chief executive officer of JD.com Inc., in 2016. Photographer: Qilai … [+] Shen/Bloomberg © 2016 Bloomberg Finance LP One of China’s richest e-commerce entrepreneurs wil...