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Alibaba, Nio Stocks Surge: Hang Seng Rises Over 3% As Tech, EV Rally Outweighs COVID-19 Worries
Thursday, November 3, 2022 - 10:29pm | 740Hong 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:...
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Alibaba, Nio Fall Over 5%: Hang Seng Opens Weaker As Fed Stays Hawkish, China Asserts COVID-Zero Policy
Wednesday, November 2, 2022 - 11:17pm | 918Hong 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...
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Alibaba, Nio Stocks Fall As Hong Kong Investors Turn Cautious Ahead Of Fed Meet
Tuesday, November 1, 2022 - 10:47pm | 827Hong 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...
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Alibaba, Nio Rise Over 3%: Hong Kong Stocks Open Firmer On Hopes Of Early Christmas Gift From Fed
Monday, October 31, 2022 - 11:48pm | 685Hong 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...
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Alibaba, Meituan, Nio Jump: Hang Seng Looks Past Weak China Factory Data To Focus On Fed Policy
Monday, October 31, 2022 - 12:05am | 726Hong 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...
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Alibaba Falls Over 3%, Nio Plunges 6%: Hang Seng Opens Weaker As China COVID Curbs, Earnings Season Fray Nerves
Thursday, October 27, 2022 - 11:24pm | 728Hong 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...
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Alibaba, JD Surge Over 8%: Hang Seng Shoots Up On Tech Rally
Wednesday, October 26, 2022 - 11:12pm | 701Hong 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...
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Nio Surges 15%, Alibaba Up Nearly 1%: What's Pushing Hong Kong Stocks Higher Today
Wednesday, October 26, 2022 - 12:03am | 769Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng gaining 2.5%, as investors began considering the possibility of slowing aggression by the Federal Reserve when it announces its monetary policy next week. The Hang Seng traded above the 15,500 mark after having...
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Alibaba, Nio Mixed: Hang Seng Trades Flat As Inflation Data Eyed, China COVID-19 Lockdowns Weigh
Thursday, October 20, 2022 - 11:39pm | 703Hong Kong shares were trading flat on Friday, with the benchmark Hang Seng edging just 0.05% up, ahead of the release of the inflation report in the city. Shares of Alibaba rose 0.72% in morning trade, while Xpeng shares gained over 5%. Nio shares fell over 1%. Hong Kong Stocks Today...
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Alibaba, Nio Fall Over 4%: Hang Seng Hits 13-Year Low As Worries Grow Over China Economic Data Delay
Wednesday, October 19, 2022 - 11:34pm | 683Hong Kong stocks opened in the red on Thursday, with the benchmark Hang Seng losing 2% to hit a 13-year low, as investors and traders continued to worry about China’s delayed economic indicators and a rise in COVID-19 cases. Shares of Alibaba, Tencent and Meituan lost over 4% in opening...
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Alibaba, Nio Fall: Hang Seng Opens Lower Ahead Of Hong Kong Leader John Lee's Policy Speech
Tuesday, October 18, 2022 - 10:23pm | 758Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng opening 0.42% lower ahead of a key speech by the city’s leader John Lee. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA) -1.78% JD.com Inc (NASDAQ: JD) -2.41% Baidu Inc...
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Alibaba Up 3%, Nio Rises 1%: Hong Kong Shares Open Higher, China Delays GDP Data Release
Monday, October 17, 2022 - 10:25pm | 704Hong Kong stocks opened in the green on Tuesday following a bounce on Wall Street where major indices recorded significant gains as the focus shifted toward the earnings season. The benchmark Hang Seng opened over 1% higher. Shares of Alibaba and Meituan opened over 3% higher in Hong Kong....
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Alibaba, Nio Shares Fall: Recession Worries, Volatile Wall Street Keep Hong Kong Stocks In Red
Sunday, October 16, 2022 - 10:17pm | 739Hong Kong shares opened in the red on Monday as recession worries continued to plague stock markets across the world with major indices in the U.S. falling over 1% on Friday. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA) -1.16% JD.com Inc (NASDAQ: JD...
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Alibaba, Nio Jump Over 3%: Hong Kong Shares Rally With Asia On Strong Wall Street Cues, China Inflation Data Tepid
Thursday, October 13, 2022 - 11:27pm | 845Hong Kong stocks opened in the green on Friday after major Wall Street indices closed over 2% overnight despite high consumer inflation data for September. China’s subdued inflation for September also seems to have lifted sentiments. Hong Kong Stocks Today Stock Movement Alibaba...
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Alibaba, Nio Shares Fall: Hang Seng Merely 350 Points Away From 2009 Lows
Wednesday, October 12, 2022 - 11:35pm | 679Hong Kong stocks opened in the red on Thursday as investors shifted focus to U.S. inflation data due later in the day. The benchmark Hang Seng opened 1.11% down and was last seen trading at 16,538, just nearly 350 points away from hitting its 2009 lows. Hong Kong Stocks Today...