China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...
Tag: NetEase
Alibaba, NetEase Slump as Earnings Fail to Impress Investors
(Bloomberg) — China’s technology companies took a beating after more firms reported earnings, as price wars and geopolitical tensions cloud the growth outlook for the sector. Most Read from Bloo...
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 ...
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 ...
Internet Outperforms As CPI Drives Asia Markets Lower
China Last Night KraneShares Key News Asian equities were mostly lower as Hong Kong underperformed on volume that increased overnight. The US CPI print indicated that inflation calmed down slightly fr...
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...
Markets Rise On Epic Foreign Inflow As Internet Stocks Climb The Wall Of Worry, Week In Review
China Last Night KraneShares Week in Review China’s December CPI was released at +1.8% versus November’s +1.6%, meeting expectations of 1.8%. On Wednesday, The World Bank cut its 2023 global GDP growt...
CPI Under 2% In China As Clean Tech & EV Outperform
China Last Night KraneShares Key News Asia equities were largely higher except for Singapore and India’s small pullback in advance of the US’ highly anticipated CPI release. Overnight China’s December...
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...
Game On For Tencent & NetEase Amid New Game Approvals
Key News North Asia was off except for Hong Kong, while South Asia posted small gains on light volumes. Hong Kong opened higher for the first time since last Friday, closing up +1.56%, though off intr...
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...
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...
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...
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...
Healthcare Stocks Rise In Hong Kong And China; BYD Forecasts +300% Net Profit Increase
China Last Night KraneShares Key News Asian equity markets finished higher overnight as China closed mixed, which followed a strong rally in US stocks yesterday. President Xi’s Sunday speech emphasize...
Why Alibaba Stock Is an Exception to Goldman’s US Market Preference
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Why Alibaba, Other China Tech Stocks Are an Exception to Goldman Sachs’ Outlook
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Rate Hike Risk Shakes Hong Kong, Mainland Holds Up Better
China Last Night KraneShares Key News Asian equities followed the U.S. south after the higher-than-expected inflation print in July and heightened expectations of rate hikes from the U.S. Federal Rese...
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...
Chinese Tech Giant NetEase Acquires Star Wars Game Developer Quantic Dream in Console Market Push
NetEase acquiring the gaming studio behind Star Wars Eclipse indicates the seriousness of its console ambitions. Chinese internet tech behemoth NetEase has acquired Quantic Dream, the developer behind...
Alibaba Partners With Tik Tok, EV Sales Tax Exemption is Extended, Short Turnover Analysis, Week in Review
China Last Night KraneShares Week in Review Asian equities traded largely lower this week on currency weakness, slowing GDP growth, and short selling in Hong Kong. On Monday, the People’s Bank of Chin...
Tencent Rebounds as NetEase Beats Expectations
China Last Night KraneShares Key News Asian equities followed US equities south as a less hawkish US Fed still means rate hikes in September and November. Pakistan was closed for Al-Hijra, which is al...
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...
China’s Clean Energy Push Grows, Week In Review
China Last Night KraneShares Week in Review 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 bou...
NetEase Surges On Game Approval, Baidu Introduces Fully Autonomous SUV
China Last Night KraneShares Key News Asian equities were mixed overnight on light volumes as the summer lull is in full effect. Hong Kong was largely down, led by Tencent -1.36%, Meituan -2.21%, and ...