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Slowing Revenue Growth Hurts Online Drug Platform YSB
Thursday, March 21, 2024 - 9:24am | 1084Key Takeaways: The gross margin on the company’s proprietary drug distribution business, its main revenue source, edged down to 6.1% last year With the pharma market already well developed, several distribution giants have muscled onto YSB’s turf as suppliers to pharmacies and smaller...
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Weekly Market Recap: Volatility In Hong Kong, US Earnings Surge, Fed Influences Bonds
Monday, February 5, 2024 - 11:52am | 818Hong Kong Stock Market Last week, the Hong Kong stock market fell first and then shook, although HSI did not break the key support point of 15500 points, the structure still showed a weak pattern. The peripheral European, American, Asian Pacific, and other stock markets are relatively strong....
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Haier Smart Home Finds Bargain In Commercial Refrigeration Acquisition
Wednesday, December 27, 2023 - 3:09pm | 1066Key Takeaways: Haier Smart Home has agreed to acquire Carrier Global’s commercial refrigeration business for $640 million, translating to a relatively low price-to-earnings (P/E) valuation of 11 As a veteran of overseas acquisitions, the appliance maker will be looking to improve Carrier...
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Hong Kong Equities Rebound, US Prepares For Possible Recession, And Bond Market Sees Dramatic Shift Amid Federal Reserve Maneuvers
Monday, December 18, 2023 - 10:27am | 775Hong Kong Stock Market This week, Hong Kong equities underwent a series of exuberant fluctuations, ascending towards the magical realm of 17,000 points, and the rebound architecture was unmistakable. The dovish cues emitted by the Federal Reserve have led to a sustained surge in US equities....
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A Week In Review: Varied Performances In Hong Kong And US Markets
Tuesday, December 5, 2023 - 2:01pm | 665Hong Kong Stock Market After several consecutive weeks of shocks, Hong Kong stocks weakened significantly last week, falling below the key support level of 17,000 points. Although the US stock market has ended raising interest rates for the Federal Reserve, and even expectations of interest rate...
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A Week In Review: Volatility Dominates As Markets Respond To Federal Reserve's Stance
Monday, November 13, 2023 - 10:08am | 735Hong Kong Stock Market The Hong Kong stock market fell backlast weeklast week after a high, breaking through all the short-term and medium-term moving averages and the key support level of 17,500 points, indicating a weakening trend. The weaker-than-expected non-farm data and the decline in bond...
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A Week In Review: Rebounds And Rotations Across Global Finance
Monday, November 6, 2023 - 11:52am | 692Hong Kong Stock Market After fluctuating repeatedly last week, the Hong Kong stock market has risen, with the index breaking through the key resistance level of 17,500 points in the past two weeks, and the trend structure is turning bullish. The Federal Reserve has kept interest rates unchanged,...
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A Week In Review: Global Financial Markets Rocked By Inflation And Interest Rate Concerns
Monday, October 16, 2023 - 3:47pm | 745Hong Kong Stock Market Hong Kong stocks surged and fell last week, with the index reaching a maximum of 18,300 points. Although it recorded a sharp fall on Friday, it still gained a red disk last week. Prior to the Federal Reserve's September CPI and other data released on Thursday, the Hong...
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August Strategy For Hong Kong's Stock Market: Anticipating An Uplift In Hang Seng Index As Valuation Remains Low
Friday, August 11, 2023 - 10:59am | 922In July 2023, the main theme of the Hong Kong stock market was “rebound”, with the Hang Seng Index rising 6.15 per cent and the Hang Seng Technology Index rising 16.33 per cent, leading major global indices higher. The turnover of the Hong Kong stock market was 2.04 trillion dollars,...
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A Week In Review: Market Volatility And Credit Downgrades
Monday, August 7, 2023 - 12:23pm | 866In this edition of our weekly market review, we delve into the significant financial changes that occurred between July 31 and August 4, 2023. Our analysis spans from the East, with a close look at the Hong Kong market, to the West, examining the US market and its fixed-income sector: Hong...
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Review Of Hong Kong Stock Market In The First Half Of 2023
Friday, July 28, 2023 - 3:06pm | 920As of July 10, 2023, the Hang Seng Index has fallen 6.58% year-to-date, the H-share Index has fallen 7.01%, and the Hang Seng Tech Index has fallen 4.45%. During the same period, the Shanghai Composite Index rose by 3.70%, the Shenzhen Component Index fell by 0.66%, and the ChiNext Index fell by 6....
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Alibaba Up 2%, Nio Down 4%: Hong Kong Stocks Mixed As Investors Brace For Fed Minutes, JOLTS Data
Tuesday, January 3, 2023 - 10:18pm | 704Hong Kong stocks opened mixed on Wednesday, with the benchmark Hang Seng gaining over 1%, as investors and traders braced for the release of the minutes of the Federal Reserve meeting. Market participants are also awaiting the Job Openings and Labor Turnover Survey data from the U.S. Hong Kong...
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Alibaba, Nio Slip: Hang Seng Marks Weak Start To 2023 After Gloomy China Factory Activity Data
Monday, January 2, 2023 - 10:35pm | 719Hong Kong stocks opened mixed on the first trading day of 2023, with the benchmark Hang Seng losing 0.36% in morning trade. The market seems to be taking into account the fact that China's factory activity narrowed at a faster pace in December dragged by rising COVID-19 infections. Hong Kong...
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Alibaba, Nio Down Nearly 1%: Hang Seng Mirrors Wall Street Weakness Amid Red-Hot Japan Inflation
Thursday, December 22, 2022 - 10:35pm | 690Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing 0.39%, after U.S. markets witnessed a sell-off overnight as worries of a recession reduced hopes for a "Santa Claus" rally. Japan’s core consumer inflation hit a 40-year high, ...
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Alibaba, Nio Soar: Hang Seng Jumps Over 2% As Wall Street Cheers Upbeat Consumer Confidence Reading
Wednesday, December 21, 2022 - 10:24pm | 710Hong Kong stocks soared in early morning trade on Thursday, with the benchmark Hang Seng rising over 2%, as investors and traders cheered U.S. consumer confidence data surging to an eight-month high in December following a drop in inflation and the labor market remaining strong. Twelve-month...