Alibaba holds it together, EV stocks shine as wider Hang Seng falls: Key events driving Hong Kong stocks today
Hong 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.
Alibaba rises nearly 3%, EV stocks strike major gains as Hang Seng opens on high note over strong Wall Street cues
Hong Kong's Hang Seng Index rose1.7% in Thursday morning trade in line with positive cues from Wall Street the day before after July consumer inflation in the U.S. came in at 8.5%, below the expected figure of 8.7%, calming fears about aggressive rate hikes by the Fed.
Nio, XPeng fall over 6%, Alibaba edges down: Hang Seng slips as investors brace for China, US inflation data
Hong Kong shares opened in the red on Wednesday, with the benchmark Hang Seng Index losing 2.04% in opening trade as investors turned their eyes toward inflation data from China and the U.S.
Alibaba gains 0.1%, JD sheds 3.8%: Hang Seng opens lower as all eyes on US inflation data
Hong Kong shares were mixed on Tuesday morning, with the benchmark Hang Seng Index down 0.6%, as investors looked ahead to crucial U.S. inflation data that will decide the course of further rate hikes by the Federal Reserve.
Alibaba, Xpeng, Nio slide over 3%: Why Hong Kong stocks are jittery after US jobs report
Hong Kong's benchmark Hang Seng Index opened lower on Monday, down 0.78% at press time, as a better-than-expected July jobs report in the U.S. intensified fears of aggressive rate hikes.
Alibaba slips 2.6%, Nio, XPeng rise over 3%: Hang Seng opens firmer after mixed Wall Street session
Hong Kong's benchmark Hang Seng Index opened in the green on Friday, gaining 0.3% in morning trade, even as Wall Street ended on a mixed note overnight ahead of the release of a U.S. jobs report.
What Alibaba, Tencent, and Baidu's June-quarter earnings may look like
Alibaba Group is expected to post its first quarterly revenue decline on Thursday morning, with the firm grappling with an uncertain regime and a consumer crisis that is hurting the world's second-largest economy, reported Bloomberg.
Alibaba slides 4%, EV stocks shoot up: Key events Hong Kong traders are watching today
Hong Kong's benchmark Hang Seng Index opened in the red on Monday, losing 0.88%, ahead of the release of China's Caixin/Markit manufacturing purchasing managers' index for July.
Don't Ignore The Fact That This Insider Just Sold Some Shares In Meituan (HKG:3690)
We wouldn't blame Meituan (HKG:3690) shareholders if they were a little worried about the fact that Nanpeng Shen, a company insider, recently netted about HK$429m selling shares at an average price of
Alibaba falls, Hang Seng edged higher after Hong Kong follows Fed in 75 bps rate hike
Hong Kong's benchmark Hang Seng Index edged higher on Wednesday morning, with major U.S.-listed Chinese stocks trading mixed, after the city's central bank hiked interest rates in tune with the U.S. Federal Reserve's move overnight.