China Last Night KraneShares Key News Asian markets had a decent day until the Swiss National Bank unexpectedly raised interest rates 50 basis points sending risk assets south immediately. Returns wer...
Tag: Tencent
No Medium-Term Lending Facility Rate Cut But Online Retail Sales Pick Up
China Last Night KraneShares Key News Asian equities were a sea of red excluding Hong Kong and China, which posted gains. The PBOC kept the 1-year medium-term lending facility rate at 2.85% despite th...
As The World Tightens, China Prepares To Ease
Key News Asian equity markets were off following yesterday’s US equity market meltdown, as Australia reopened with a thud while China and Hong Kong outperformed. Both Hong Kong and China were down nea...
Mainland Investors Buy The Dip In Hong Kong
China Last Night KraneShares Key News Asian equities didn’t forget about Friday’s US CPI print nor the ECB’s rate hike language leading to a similar fall as we had in Europe and the US Friday. Bitcoin...
Ant IPO, Bilibili Q1, 618 Event, Nio Q1 & Inclusion
China Last Night KraneShares Key News Asian equities were lower overnight, less India as Hong Kong internet names pulled back after yesterday’s monster move (or, as my Boston friends would say, Monsta...
Hong Kong Internet Stocks Fly On Significant Volume Increase
China Last Night KraneShares Key News Asian equities were largely higher as Hong Kong outperformed and India underperformed. Today was more important than what initially meets the eye as Hong Kong vol...
Reopening Continues As Hello Group Inc. Beats
Key News Asian equity markets were mixed overnight on light volumes as South Korea underperformed. Investors clipped gains in Hong Kong’s clean technology ecosystem stocks following yesterday’s strong...
Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review
China Last Night KraneShares Week in Review Asian equities had a relatively upbeat week overall as President Biden visited the region and China internet earnings season kicked off with a few surprises...
Alibaba & Baidu Beat!
China Last Night KraneShares Key News Asian equities were mixed overnight as Indonesia, like many European markets, was closed for Ascension Day. The State Council held a conference call with a rumore...
Alibaba, Tencent and JD.com post slowest revenue growth on record
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year...
Hong Kong Cheers NetEase & Kuaishou Results
China Last Night KraneShares Key News Asian equities were largely higher as China outperformed while Japan, India, and Indonesia were off slightly. US-listed China internet stocks fell yesterday despi...
Snap Snags Growth Stocks While NetEase And Kuaishou Beat Expectations
China Last Night KraneShares Key News Asian equities curbed the enthusiasm we saw in US equities yesterday as only Indonesia managed a positive day. Asian growth stocks were hit hard following Snap’s ...
Mainland Markets Shrug Off Headlines
China Last Night KraneShares Key News Asian equities were mixed overnight as President Biden visited the region. On the positive side, US tariffs on Chinese consumer goods might be cut. Also, Australi...
LPR Cut & WHO Approval Of China Vaccine Catalyze Markets, Week In Review
China Last Night KraneShares Week in Review It was yet another choppy week of trading for Asian equities, which mirrored the US. However, both Hong Kong and Mainland China were up for the week. China ...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
Mainland Outperforms As Tencent Weighs On Hong Kong
China Last Night KraneShares Key News Asian equities had a rough night except for China and Indonesia, which both managed small gains. Hong Kong internet stocks were off following Tencent’s modest fin...
Tencent Profit Plunges 51% Amid China Covid Surge, Revenue Flat
Signage for Tencent Holdings atop an entrance to an office building in Shanghai last month. … [+] Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP China Internet heavyweight Tencen...
Tencent’s Q1 Misses The Mark, Dr. Kissinger Talk Notes
China Last Night KraneShares Key News Asian equities followed US stocks higher on light volumes as China and India posted small losses. Hong Kong internet stocks were off despite good results from JD....
Billionaire Forrest Li’s Sea Sinks Deeper Into The Red As Shopee Losses Widen, Expenses Surge
Forrest Li, chairman and group chief executive officer of Sea Ltd., poses for a photograph in … [+] Singapore on Wednesday, July 8, 2020. Demand for Sea’s mobile games and online-shopping ...
J.P. Morgan Says Buy Tencent and Alibaba. Why They’re Now Positive on Chinese Tech Stocks.
Text size Regulatory change had come sooner than the analysts had anticipated. Greg Baker/AFP via Getty Images Tencent Holdings and Alibaba Group saw their stock jump Tuesday after catching an upgrade...
Vice Premier Attends Internet Meeting, JD Earnings Beat Expectations
China Last Night KraneShares Key News Asian equities had a strong session overnight as all markets were in the green and Hong Kong and India outperformed. Hong Kong internet stocks had a strong day fo...
Tencent, Alibaba Look Like Utilities After $1 Trillion Drubbing
(Bloomberg) — For years they were two of the fastest-growing companies worldwide — stock-market darlings worth a combined $1.7 trillion at their peak. Most Read from Bloomberg Now Tencent ...
No Surprise In April Data As Lockdowns Weigh On Economic Activity
Key News Asian equities were largely higher following the US market’s rip higher on Friday though China was off and several markets were closed for Vesak Day, one of the most sacred days for Buddhists...
Internet Stocks Rally, China’s Weight To Increase In MSCI EM, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another week of turbulent trading as the market continues to price in risks though Mainland China held up better than most markets in Asi...
US Dollar Strength Weighs On CNY
China Last Night KraneShares Key News Asian equity markets were all down overnight. It was a light news day as Fed hike fears and the strong dollar weigh on local sentiment. According to Bloomberg New...
Mainland Investor Enthusiasm Returns
China Last Night KraneShares Key News Asian equities had a mixed night as Hong Kong and China outperformed led by growth stocks and sectors. China’s April PPI and PPI came in at 8% and 2.1%, respectiv...
The Worst Of The Stock Market Crash May Be Yet To Come, According To Wall Street’s ‘Fear Gauge’ Signal
Topline As investors grapple with the worst-performing market in years, some experts have zeroed in on Wall Street’s so-called fear gauge as an indication that stocks have more room to fall—even...
Mainland Investors Buy Tencent And Meituan On Weakness
China Last Night KraneShares Key News Asian equities were largely lower though China, Taiwan, Malaysia, and Thailand managed gains. Mainland China benefitted from continued verbal support from policym...
Warren Buffett-Backed BYD’s EV Production Nearly Quadrupled In April Despite Pandemic Fallout
A BYD logo on a Yuan sport utility vehicle displayed at the company’s showroom in Beijing in 2021. … [+] Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhen-he...
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...