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.
Shares of Chinese companies are trading higher in sympathy with US markets, which have gained amid hopes of easing inflation following CPI and PPI data. Investors also continue to assess US-China tensions.
Shares of Chinese companies are trading higher in sympathy with US markets, which have gained amid hopes of easing inflation following CPI and PPI data. Investors also continue to assess US-China tens
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.
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JD.com Group-SW: date of board meeting
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.
Baillie Gifford Nearly Cuts Alibaba Position, Sells Tesla Shares — But Buys More Of This Chinese EV Maker
Scotland-based investment management firm Baillie Gifford reshuffled its portfolio in the second quarter, with the noteworthy change being a drastic cut in its holding of Chinesed stocks, a 13F fili
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.
JD Worldwide Ushers Soaring of Cross-border Fresh Products
China Ecotourism Launches Forest Food Stores on Alibaba's TMall, Other Platforms
08:46 AM EDT, 08/08/2022 (MT Newswires) -- China Ecotourism Group (HKG:1371) subsidiary Natural Forestfood Farm simultaneously launched forest food stores on five online platforms, including Alibaba's