China Last Night KraneShares Key News Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. However, India manage...
Tag: Tencent
PCAOB Arrives In Hong Kong, EU Regulation Sends Solar Stocks Lower
China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as uncertainty surrounding US interest rates continues to pervade global markets. Today was a reversal of yes...
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...
Moonshot Weighs On Wuxi While Nio Fans Rejoice In ET5 Launch
China Last Night KraneShares Key News Asian equities were largely higher while Hong Kong was off as the Asia Dollar Index increased overnight. Hong Kong and Chinese biotech stocks were hit hard after ...
Property Markets Rebound And Tencent Continues Buybacks, Week In Review
China Last Night KraneShares Week in Review Asian equities had a mixed week as the Hang Seng and Hang Seng Tech had a down week following further China lockdowns, however, Mainland markets were positi...
Chinese Tech Titans Are Losing Their Global Backers
Ma ”Pony” Huateng, cofounder of Tencent Holdings Ltd. (Photo by Jerome Favre/Bloomberg) © 2015 Bloomberg Finance LP China’s biggest technology companies, which had generated rich returns f...
Prosus Selling Weighs On Tencent Despite Buybacks
China Last Night KraneShares Key News Asian equities cheered the US dollar’s fall as it approached big psychological numbers such as China’s CNY at 7 and the Japanese Yen nearing 150. Pure speculation...
Tencent Stake Worth $7.6 Billion Appears in Hong Kong Clearing System
(Bloomberg) — Tencent Holdings Ltd. shares worth $7.6 billion appearing in Hong Kong’s clearing and settlement system has fueled speculation that a large stakeholder may be selling its holdings....
Mainland Market Gets Its Growth Stock On
China Last Night KraneShares Key News Asian equities had an off day except for China, Malaysia, and Thailand as the Asian currency index posted another 52-week low versus the US dollar. Today was anot...
Mainland Rises On PBOC’s Currency Intervention
China Last Night KraneShares Key News Asian equities had a mixed night on light volumes following an off day yesterday. Media headlines are more negative than usual as COVID lockdowns in Chengdu and n...
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...
US Dollar Strength Weighs On Asia
China Last Night KraneShares Key News Asian equity markets had a poor start to September following MSCI’s rebalance at yesterday’s close. The US $ gained again versus Asian currencies as the Bloomberg...
Alibaba Prepares For PCAOB Audit Review, MSCI Rebalance Day Leads To High Volumes
China Last Night KraneShares Yesterday, U.S. China ADRs fell partly due to a Reuters article stating that Alibaba and JD.com will have PCAOB audit reviews. The “news,” which should be expe...
Baidu Beats, Hong Kong Short Volume Reaches All Time High, And US Dollar Takes A Breather
China Last Night KraneShares Key News Asian equities had a strong day, less so China and Hong Kong while India outperformed as the US dollar took a breather from its recent strong run. One has to wond...
Macro Headwinds Weigh On Micro Catalysts, Pinduoduo & Meituan Beat Expectations
China Last Night KraneShares Key News Asian equities had a rough start to the week as investors reacted to Fed Chair Powell’s hawkish comments from Jackson Hole on Friday. ADXY, the Bloomberg JP Morga...
HFCAA First Step Audit Agreement Reached
China Last Night KraneShares This morning, the SEC, PCAOB, and CSRC, in conjunction with the Ministry of Finance, released statements announcing the signing of a Statement of Protocol allowing the PCA...
Hong Kong’s Typhoon Tears Internet Shorts To Shreds As Alibaba And JD.com Rise
China Last Night KraneShares Key News Asian equities had a good day with Hong Kong having a fantastic day despite the morning session, 9:30 to noon followed by a one-hour lunch break before afternoon ...
Top 100 Public Company Crypto Involvement
August 24, 2022, 9:55AM EDT • 2 min read Quick Take 28 out of the top 100 publicly traded firms ranked by Forbes have at least one crypto/blockchain investment since 2021 SoftBank and Samsung have the...
Richest Chinese Billionaire’s Flagship Posts Double-Digit Profit Rise In Tough Economy
Nongfu Spring Chairman Zhong Shanshan in 2013. (Photo by STR/CNS/AFP via Getty Images) CNS/AFP via Getty Images You don’t get to be China’s richest man without a lot of business acumen, and Zhong Shan...
Jerome Powell & US Dollar Summer Global Wrecking Ball Tour Continues
China Last Night KraneShares Key News Asian equities were mixed/lower overnight as South Korea, India, and Southeast Asia managed small gains while Japan, Hong Kong, and China were off. Global equitie...
Tencent acquires patent for blockchain-created missing persons poster
Tencent, one of the leading technology companies in China, has received a patent for a blockchain-based missing persons poster. The patent was granted three years after the company lodged the filing. ...
Tencent Granted Patent for a Blockchain-Based Missing Persons Tracing Posters – crypto.news
Chinese technology giant Tencent recently secured a novel patent for a blockchain-based unknown person’s poster, according to local media outlet. Tencent Gets Approval for a Missing Person Poster on ...
Tencent Secures Patent for Blockchain-Based Missing Person Poster
Tencent has been one of the earliest adopters of blockchain in China, and the novel patent is a kind of experiment with the distributed ledger technology. It is especially topical now, when the Chines...
JD.com & CATL Results Beat Expectations
China Last Night KraneShares Key News Asian equities were largely lower with India, Thailand, and Indonesia outperforming. The real action took place after the market’s close with a multitude companie...
Tencent Receives Patent for Tracing Missing Individuals by Using Blockchain Technology
Chinese tech giant Tencent, the owner of the Chinese instant messaging platform WeChat, has revealed that it has been granted a patent for using blockchain technology for person-seeking notices, accor...
Tencent receives patent for blockchain-based missing persons poster
According to local news outlet 36kr.com, Chinese technology conglomerate Tencent recently received a novel patent for a blockchain-based missing person’s poster. The patent took nearly three yea...
Alibaba Confirms TikTok Partnership, Loan Prime Rate Sees Asymmetric Cut
China Last Night KraneShares Key News Asian equities had a rough start to the week following Friday’s US equity selloff except for China, Singapore, and New Zealand, which managed positive returns tod...
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 will shut down its NFT trading after China regulations
Recently, the leading technology company, Tencent, offered its customers the opportunity to sell their NFTs within Huanhe. This comes after the Chinese company suspended its operations due to regulati...
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...