Shares of U.S.-listed Chinese tech companies — with the exception of Alibaba Group Holding Limited (NYSE: BABA) — extended losses in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory for a second straight day.
Gainers
Indonesia Energy Corporation Limited (NASDAQ: INDO) shares jumped 158.2% to $7.23 after tumbling 18% on Wednesday. Indonesia Energy said it projects to commence drilling of 2 back-to-back new wells within 30 days and a third by mid-year.
Today's 5 Stock Ideas
Virgin Galactic (SPCE) - Shares were up 17% in pre-market action following news the company received approval from the Federal Aviation Administration for a full commercial launch
Quanergy, an industry-leading provider of LiDAR sensors and 3D perception software, has entered into a definitive business combination agreement with CITIC Capital Acquisition Corp. (NYSE: CCAC)
Upon closing, the