Chinese tech Stocks

Hong Kong stocks opened in the red on Thursday, with the benchmark Hang Seng losing over 2.5% in morning trade, following news of Tencent cutting its $20 billion stake in Meituan. The latter has said it would maintain its mutually beneficial business relationship with Tencent post the divestment,...

Hong Kong stocks traded mixed on Tuesday morning, with the benchmark Hang Seng Index trading 1.87% higher, while some electric-vehicle stocks took a hit. Different voices from the U.S. central bank seem to have confused traders and investors as major Wall Street indices took a break from last...

Hong Kong stocks opened in the green on Monday, with the benchmark Hang Seng rising over 3% in morning trade, after China eased some of its harsh COVID-19 rules. The country reduced quarantine by two days for those who come in close contact with infected people, and for inbound travelers, and...

Hong Kong stocks rose on Friday, with the benchmark Hang Seng opening over 5% higher, as softer-than-expected inflation in the U.S. sparked optimism among investors and traders that price rises may have peaked out. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE:...

Hong Kong stocks opened weaker on Thursday, with the benchmark Hang Seng losing 1.84%, as investors eyed Thursday’s inflation data from the U.S. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA)  -3.64% JD.com Inc (NASDAQ: JD) -3.72% Baidu Inc...

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng losing over 1%, as investors and traders await the results of the U.S. midterm elections and China’s producer prices dropped into deflation for the first time in about two years. Hong Kong Stocks Today Stock...

Hong Kong stocks opened in the red on Tuesday, with the benchmark Hang Seng opening 0.18% lower as investors and traders remained cautious ahead of the U.S. mid-term election on Tuesday, as well as consumer price inflation data due later this week. Hong Kong Stocks Today Stock Movement...

Hong Kong stocks opened in the green on Monday morning, with the benchmark Hang Seng gaining over 1%, as investors shifted their focus toward U.S. mid-term elections and China trade data due later today. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA)...

Hong Kong shares traded in the green on Friday with the benchmark Hang Seng opening 3.36% higher. Investors and traders seem to have shrugged off a rise in COVID-19 cases in China which hit their highest since August. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE:...

Hong Kong shares opened in the red on Thursday, with the benchmark Hang Seng falling over 0.9% in morning trade, after the Federal Reserve’s anticipation of a higher bar for interest rates to rein in inflation roiled U.S. markets. Shares of Nio fell over 6%, while Alibaba and Baidu shares...

Hong Kong stocks opened lower on Wednesday morning as all eyes turned toward the Federal Reserve’s policy announcement later in the day.  The benchmark Hang Seng fell 0.8% and Xpeng shares fell over 8%, while Nio shares lost over 6%. Alibaba shares lost over 2%. Hong Kong...

Hong Kong shares opened in the green on Tuesday, with the benchmark Hang Seng gaining over 3%, as optimism grew over the U.S. Federal Reserve toning down its aggressive stance. Investors and traders have already factored in a 75 basis points hike in the upcoming monetary policy due on...

Hong Kong shares opened in the green on Monday, with the benchmark Hang Seng rising 0.63%, as investors and traders shrugged off a contraction in China’s factory activity while focussing more on the possibility of the U.S. Federal Reserve adopting a less aggressive stance going ahead. Hong...

Hong Kong shares opened in the red on Friday, with the benchmark Hang Seng falling 1.5%, as mixed earnings prompted traders and investors to pare positions before the end of the week. Warren Buffett-owned BYD Co (OTC: BYDDF) (OTC: BYDDY) along with three of China’s top lenders are scheduled...

Hong Kong stocks opened in the green on Thursday, with the benchmark Hang Seng gaining 2.8% in morning trade. The rally was led by tech stocks, with Alibaba and JD.com gaining over 8% and 9%, respectively. Shares of Meituan and Tencent Holdings gained over 4%. Hong Kong Stocks Today Stock...