-
Alibaba Stock Holds It Together But Nio And EV Peers Plunge Despite Upbeat China PMI Data
Thursday, September 29, 2022 - 11:45pm | 652Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally. Electric Vehicle stocks plunged with Xpeng, Li Auto and Nio falling over 4% in morning trade. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA...
-
Alibaba, EV Stocks Open Lackluster As Hang Seng Loses Sheen Amid Disappointing China Economic Data
Sunday, August 14, 2022 - 10:38pm | 751Hong Kong’s benchmark Hang Seng index traded in the red Monday morning, falling 0.6% after China's industrial production and retail sales data disappointed investors. Industrial production grew by 3.8%, slightly lower than the 3.9% figure in June. Retail sales rose 2.7% in July...
-
Alibaba, Xpeng Lead Losers' Chart As Big Tech, EV Stocks Take A Hit In Hong Kong
Monday, July 18, 2022 - 11:36pm | 547Shares of major U.S.-listed firms on the Hong Kong stock exchange dropped on Tuesday as the Hang Seng index commenced the trading day in the red. The index was down over 1% on Tuesday morning. Stock Movement Alibaba -2.89% XPeng -6.32% NIO -1.65% Baidu -2.19% Tencent 0.42...
-
Alibaba, Nio Go Up In Hong Kong As Quarantine-Free Travel Brightens Outlook: What You Need To Know
Tuesday, July 12, 2022 - 11:57pm | 612Shares of U.S.-listed Chinese companies traded mostly higher in Hong Kong on Wednesday, snapping a two-day losing streak. Major tech stocks like Alibaba Group Holdings (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), and JD.com Inc (NASDAQ: JD) gained around 0.46% to nearly 5%. At the same time, Tencent...
-
Why Alibaba, Nio And Other Stocks Are Sliding In Hong Kong Today
Wednesday, May 25, 2022 - 12:01am | 699Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Wednesday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), and Tencent Holdings (OTC: TCEHY) in the red. Among electric vehicle makers, NIO Inc (...
-
JD, Nio, Pinduoduo Among 80 Chinese Companies Identified By SEC For Potential Delisting: What Investors Should Know
Thursday, May 5, 2022 - 4:59am | 766The SEC continued to crack the regulatory whip on U.S.-listed Chinese companies for non-compliance with audit requirements necessitated by the "Holding Foreign Companies Accountable Act." What Happened: The SEC on Wednesday put out a provisional list of 80 Chinese companies, expanding...
-
China Stocks Are Approaching Bottom, Says Mark Mobius: Time to Buy Small, Mid-Sized Names
Wednesday, April 20, 2022 - 7:57am | 442The negative risks faced by China stocks may have played out fully and a bottom is near, Mark Mobius, a fund manager focused on emerging markets said in an interview with the South China Morning Post. What Happened: China stocks could be approaching a "bottom or near bottom"...
-
Why Alibaba And Other Stocks Are Not Trading In Hong Kong Today
Friday, April 15, 2022 - 3:21am | 430Shares of US-listed Chinese companies – Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Nio Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV), and others — are not trading on Friday in Hong Kong. The Hong Kong market index Hang Seng and other financial markets in...
-
Alibaba Down 4.5%, JD Down 4.9%: What's Driving Hong Kong Markets Lower Today
Wednesday, April 6, 2022 - 12:51am | 409Shares of U.S.-listed Chinese tech companies — Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) — traded in red in Hong Kong on Wednesday (local time). The stock of these U.S.-listed Chinese tech giants had...
-
Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today
Friday, March 25, 2022 - 1:35am | 617Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies. Stock Movement (+/-) Alibaba Group Holding Limited (NYSE: BABA) -4.1% Nio Inc. (NYSE: NIO) -3.9% Xpeng Inc. (NYSE:...
-
Why Alibaba And Nio Are Seeing High Interest From Retail Investors Today
Tuesday, March 15, 2022 - 6:50am | 357Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) and electric vehicle maker Nio Inc. (NYSE: NIO) are seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday. What Happened: Alibaba is seeing the third-highest interest on the forum with 205 mentions,...
-
Tesla Rivals Xpeng, Li Auto Lead Gainers Chart As Hong Kong Tech Stocks Post Recovery
Friday, February 25, 2022 - 1:58am | 566Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Friday even as the benchmark Hang Seng Index drifted lower after a positive start. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) +5.1% Li Auto Inc. (NASDAQ: LI) +3.9% Baidu Inc. (NASDAQ: BIDU) +2.3...
-
Alibaba, Other Tech Stocks Lead Sell-Off In Hong Kong As Russia Launches Attack On Ukraine
Wednesday, February 23, 2022 - 11:44pm | 540Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, dragging the benchmark Hang Seng Index into negative territory amid news that Russia will launch an attack on Ukraine. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) -5.7% Alibaba Group Holding...
-
Is Recovery Already Here? Alibaba Rises In Hong Kong, Alongside JD, Tesla Rival Li Auto And Other Tech Stocks
Wednesday, February 23, 2022 - 12:07am | 570Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory. Stock Movement (+/-) Li Auto Inc. (NASDAQ: LI) +3.2% JD.com Inc. (NASDAQ: JD) +3.1% Alibaba Group Holding Limited (NYSE: BABA...
-
Alibaba, Tesla Rivals Xpeng, Li Auto Plunge In Hong Kong As Concerns Rise Over Russia Invading Ukraine
Monday, February 21, 2022 - 11:41pm | 587Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Tuesday, dragging the benchmark Hang Seng Index into negative territory. Stock Movement (+/-) Alibaba Group Holding Limited (NYSE: BABA) -4.5% Xpeng Inc. (NYSE: XPEV) -3.8% Li Auto Inc. (NASDAQ: LI) -3.2...