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Alibaba Gains, EV Stocks Lose Shine: Hong Kong Traders Keenly Await Tencent Earnings
Tuesday, August 16, 2022 - 10:21pm | 619Hong Kong’s Hang Seng index opened in the green on Wednesday, gaining 0.3% in morning trade as investors keenly await Tencent’s earnings, along with the New Zealand central bank rate decision. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA) 0.5...
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Alibaba Muted But Hong Kong Stocks Overall Show Momentum, Looking Past Weak China Economic Data
Monday, August 15, 2022 - 11:17pm | 740Hong Kong’s benchmark index Hang Seng index opened in the green on Tuesday, gaining 0.34%, seemingly moving past concerns related to underwhelming economic data reported a day earlier. Traders in Asia also digested monetary policy meeting minutes released by the Reserve Bank of Australia...
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Alibaba Holds It Together, EV Stocks Shine As Wider Hang Seng Falls: Key Events Driving Hong Kong Stocks Today
Thursday, August 11, 2022 - 10:20pm | 701Hong Kong’s benchmark index Hang Seng today opened in the red, losing 0.23% in Friday morning trade as investors took cues from a mixed session on Wall Street the day before. U.S. indices ended mixed earlier on Thursday despite a fall in the producers’ prices. EV shares surged in Hong...
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Will Alibaba Be Delisted From NYSE? Here's What The Firm Says
Monday, August 1, 2022 - 1:35am | 346Alibaba Group Holding Inc. (NYSE: BABA) has said it will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the New York Stock Exchange (NYSE) and the Hong Kong Stock Exchange. The firm’s statement comes...
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Why Options Traders Should Start Monitoring The Hang Seng Index
Friday, July 22, 2022 - 5:56am | 411After the steep fall beginning in February, when Hong Kong's Hang Seng lost a quarter of its value, the benchmark index has relatively stabilized. Between April and May, the index traded between 22,502 and 19,380. The range narrowed even further between June and July when the index...
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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...
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Why Alibaba And Other Stocks Are Plunging In Hong Kong Today
Thursday, April 7, 2022 - 12:23am | 440Shares 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)— slumped in early trading in Hong Kong on Thursday (local time). How Big Tech Stocks Are Faring In Hong...
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Why Alibaba, JD And Tesla Rivals Nio, Xpeng Are Crashing In Hong Kong Today
Friday, March 11, 2022 - 12:33am | 695Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war. Stock Movement (+/-) JD.com Inc. (NASDAQ...
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Alibaba, EV Stocks Snap Losing Streak In Hong Kong Today; Tesla Rival Nio Surges On Debut — What's Driving The Rebound?
Thursday, March 10, 2022 - 1:01am | 570Shares of U.S.-listed Chinese tech companies traded higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index into positive territory after a four-day slump. Stock Movement (+/-) Li Auto Inc. (NASDAQ: LI) +9.8% Xpeng Inc. (NYSE: XPEV) +8.3% Baidu Inc. (NASDAQ:...
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Alibaba, Tech Peers Drag Hong Kong Shares Down For Fourth Day — What's Fraying Investor Nerves?
Wednesday, March 9, 2022 - 12:26am | 665Shares of U.S.-listed Chinese tech companies slumped in Hong Kong on Wednesday and weighed on the benchmark Hang Seng Index, which extended losses to a fourth straight day. Stock Movement (+/-) Alibaba Group Holding Limited (NYSE: BABA) -3.9% Li Auto Inc. (NASDAQ: LI) -3.5% Tencent...
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Alibaba Strikes Gains Even As Tech Peers Drop In Hong Kong Today - What's At Play?
Tuesday, March 8, 2022 - 12:46am | 561Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Tuesday, weighing on the benchmark Hang Seng Index, while Alibaba Group Holding Limited (NYSE: BABA) bucked the trend to jump over 1%. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) -9.2% JD.com...
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What's Causing A Slide In Alibaba, JD And Other Tech Stocks In Hong Kong Today?
Monday, March 7, 2022 - 1:13am | 673Shares of most U.S.-listed Chinese tech companies slid in Hong Kong on Monday, weighing on the benchmark Hang Seng Index, as surging oil prices due to the escalating Russia-Ukraine conflict and a spike in domestic COVID-linked deaths sapped risk appetite. Stock Movement (+/-)...
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Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Crashing In Hong Kong Today
Friday, March 4, 2022 - 1:04am | 521Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index sharply lower, as investors assessed possible ripple effects from the escalating war between Russia and Ukraine. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) -...
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Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today
Thursday, March 3, 2022 - 1:16am | 507Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks. Stock Movement (+/-) JD.com Inc. (NASDAQ: JD) +0.4% Baidu...
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Alibaba Dips While Tesla Rivals Li Auto, Xpeng Strike Gains In Mixed Hong Kong Market
Tuesday, March 1, 2022 - 12:28am | 625Shares of U.S.-listed Chinese tech companies — with the exception of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) — traded higher in Hong Kong on Tuesday, even as the benchmark Hang Seng Index drifted lower after a positive start. Stock Movement (+/-) Li...