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...
Tag: Tencent
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...
WeChat: China’s Other Trojan Horse
The Tencent Holdings Ltd. headquarters in Shenzhen, China, on Tuesday, Oct. 12, 2021. Photographer: … [+] Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Momentum is growing behind a bill in Co...
Consumer Rebound Rolls On, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week off lower and then rallied higher in the middle of the week as central bank rate hikes dominated market news, though China m...
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...
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...
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 ...
Tesla shareholder Tencent backs Elon Musk despite Twitter distraction
A Tesla store in Changzhou, China, in April 2022. Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billio...
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...
Tencent Shares Hit Multi-Month Highs Atop Regulatory Ease
With the easing of pressure from authorities, Tencent shares may still see additional upshoots when compared to the level it is currently at this time. The shares of Chinese multinational internet gia...
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...
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...
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 ...
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...
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...
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....
Tencent Billionaire Goes on a Tirade as Cracks Appear in Empire
(Bloomberg) — Many multinational CEOs like to close out the year with a message of congratulations. Tencent Holdings Ltd.’s billionaire co-founder Pony Ma delivered a no-holds-barred rant about ...
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...