-
S&P 500, Nasdaq Futures Hold On To Slender Gains As Lack Of Major Trading Cues Keep Sentiment Subdued — These Stocks In Focus Today
Tuesday, December 6, 2022 - 7:05am | 980Stocks appear on track to open Tuesday’s session on a mixed note after Monday’s sharp retreat amid the climb in bond yields. Given the lack of any major market-moving data and earnings news, the market could witness directionless trading until Friday. All eyes could be on the yield on...
-
Nasdaq, S&P 500 Futures Build On Inflation-Data Momentum But Analyst Warn 'Desperately Craved' Rally May Not Sustain — Key Stocks To Watch Today
Friday, November 11, 2022 - 6:52am | 1138Trading in the U.S. index futures points to the buying momentum extending into the final session of the week. The market may turn to the University Of Michigan's consumer sentiment report for trading cues, although profit-taking could take some sheen off the rally. Thursday, the major averages...
-
Alibaba, JD And Peers Surge, Defying Weak October Chinese Trade Data Showing 1st YoY Export Decline Since May 2020
Monday, November 7, 2022 - 8:54am | 466U.S.-listed Chinese stocks are advancing in premarket trading on Monday, largely ignoring weak trade data out of the country that showed exports recorded their first year-over-year drop since May 2020. What Happened: China’s exports fell 0.3% year-over-year in U.S. dollar terms in...
-
Jittery Day For US Market? S&P 500, Dow Futures Retreat Ahead Of Big Earnings Day, Consumer Confidence Data — Tesla, Microsoft, Alphabet, Chinese Stocks In Focus
Tuesday, October 25, 2022 - 6:57am | 1230The major U.S. index futures were pointing to a lower opening on Tuesday ahead of some key tech earnings reports. Traders may prefer to step to the sidelines or take some profit off the tables following the recent leg-up by stocks. On Monday, stocks advanced amid hopes that ongoing earnings...
-
Alibaba, JD Put Up Resistance As Hang Seng Index Falls Below 15,000 Level For 1st Time Since 2009
Monday, October 24, 2022 - 11:12pm | 727Hong Kong stocks traded mixed on Tuesday with the benchmark Hang Seng Index falling over 1% in morning trade as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power. At the time of writing, Hang Seng was trading below the 15,000...
-
Xi Jinping Effect: Why Alibaba, Nio And Other Chinese Stocks Are Nosediving Today
Monday, October 24, 2022 - 7:41am | 323U.S.-listed Chinese stocks are nosediving in the premarket session on Monday amid fears over President Xi Jinping maintaining dominance following the weeklong Party Congress that concluded on Saturday. Fears of more stringent regulations are pushing these stocks deeper into the red. The...
-
US Stocks Show Cautious Optimism As S&P 500, Dow Futures Surge Ahead Of Key CPI Data — Trump's SPAC Partner, Applied Materials And Chip Stocks In Focus Today
Thursday, October 13, 2022 - 7:03am | 1082The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign. Stocks opened Wednesday’s session higher but trading was characterized by a lack of direction amid the release of the September...
-
China Stocks Look Set For A Rebound, Morgan Stanley Quant Strategists Say
Tuesday, September 13, 2022 - 9:11am | 467Investors in mainland China are rapidly unwinding their stock-index hedges, in an indication that a possible end to Chengdu’s lockdown and policies to stabilize the yuan will lead to a near-term market rally, reported Bloomberg, citing a note written by Morgan Stanley ...
-
Alibaba Rises Nearly 3%, EV Stocks Strike Major Gains As Hang Seng Opens On High Note Over Strong Wall Street Cues
Wednesday, August 10, 2022 - 10:14pm | 748Hong Kong’s Hang Seng Index rose over 1.3% in Thursday morning trade in line with positive cues from Wall Street the day before after July consumer inflation in the U.S. came in at 8.5%, below the expected figure of 8.7%, calming fears about aggressive rate hikes by the Fed. Shares of...
-
Baillie Gifford Nearly Cuts Alibaba Position, Sells Tesla Shares — But Buys More Of This Chinese EV Maker
Tuesday, August 9, 2022 - 8:56am | 553Scotland-based investment management firm Baillie Gifford reshuffled its portfolio in the second quarter, with the noteworthy change being a drastic cut in its holding of Chinesed stocks, a 13F filing by the firm on Monday showed. China Stocks Fall Out Of Favor: Baillie Gifford, founded in 1908...
-
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...
-
Why JPMorgan Is Doubling Down On Alibaba, JD And Other Chinese Tech Stocks This Year
Thursday, June 23, 2022 - 7:26am | 437China's tech stocks have been stuck in a rut since early 2021 and the selling in the space hasn't abated; investment bank JPMorgan sees an opportunity in these beaten-down stocks. Time to Accumulate: The bank's flagship China fund has doubled down on Alibaba Group Holdings,...
-
Alibaba Could Suffer Fallout As Top Rival Plans Foray In Food Delivery Service
Friday, June 17, 2022 - 4:01am | 372Beijing-headquartered e-commerce giant JD.com Inc (NASDAQ: JD) is mulling a possible foray into the food delivery business, posing an intense competition for its Chinese peers Meituan (OTC: MPNGF) and Alibaba Group Holding Ltd (NYSE: BABA). What Happened: JD Retail CEO Xin Lijun, in an...
-
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 (...
-
Chinese Property Agency, Facing US Delisting Threat Alongside JD, Nio, Gets A Breather In Hong Kong
Thursday, May 5, 2022 - 7:28am | 335Tencent Holdings (OTC: TCEHY)-backed Chinese property agency KE Holdings (NYSE: BEKE) has received a regulatory nod for a dual-primary listing in Hong Kong, as it faces a possible delisting from U.S. exchanges. What Happened: KE Holdings is among a recently-updated list of 86 Chinese...