F-star Therapeutics Tumbles 45% on Report Buyer Doesn't Expect CFIUS Approval
Sino Biopharmaceutical to Redeem Bonds of 487.6 Million Euros
07:01 AM EST, 01/19/2023 (MT Newswires) -- Sino Biopharmaceutical (HKG:1177) will redeem 99.6% of a 750 million-euro bond amounting to 487.6 million euros after receiving an optional put exercise noti
Alibaba Up 2%, Nio Down 4%: Hong Kong Stocks Mixed as Investors Brace for Fed Minutes, JOLTS Data
Hong 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.
Sino Biopharmaceutical Unit to Exclusively Market PL-5 Peptide
05:19 AM EST, 01/03/2023 (MT Newswires) -- Chia-Tai Tianqing Pharmaceutical Group, a unit of Sino Biopharmaceutical (HKG:1177), will exclusively market antimicrobial peptide PL-5 in China for Jiangsu
Alibaba, Nio Slip: Hang Seng Marks Weak Start to 2023 After Gloomy China Factory Activity Data
Hong 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.
Catalyst Watch: Nio Event, Ivanhoe Electric Lockup Expiration and Cal-Maine Earnings
Alibaba, Nio Down Nearly 1%: Hang Seng Mirrors Wall Street Weakness Amid Red-Hot Japan Inflation
Hong 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, with the November core CPI rising 3.7% year-over-year, dampening sentiment further.
Alibaba, Nio Soar: Hang Seng Jumps Over 2% as Wall Street Cheers Upbeat Consumer Confidence Reading
Hong 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 inflation expectations, too, fell to their lowest level since Sept. 2021, at 6.7%.
Alibaba, Nio Rise: Hang Seng Rises On Wall Street Cues, City Chief John Lee Gears Up for Beijing Visit
Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng trading 0.3% higher. The city's Chief Executive John Lee is set to travel to Beijing from Dec. 21 to Dec. 24 as part of his annual visit to brief state leaders on Hong Kong's economic, social and political situation.
Alibaba, Nio Drop Over 2%: Hang Seng Opens Weaker as Wall Street 'Santa Claus' Rally Remains Elusive
Hong Kong stocks opened in the red on Tuesday morning with the benchmark Hang Seng losing 0.93% in morning trade as mounting fears of a recession are overshadowing hopes of a "Santa Claus" rally, generally seen during the end of the year. EV peers fell with Nio and Xpeng declining over 5% in morning trade. Alibaba and Tencent shares lost close to 2%.
No Stock Yet