Newsfeeds - Spark Newswire

2 minute read

Alibaba Up 5%, Nio Surges 12%: Hang Seng Jumps As China Dials Down Zero-COVID Controls

Today, 12:56 PM

Hong Kong stocks soared on Monday morning, with the benchmark Hang Seng index rising over 3%, as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.

BABA

2 minute read

Alibaba, Nio Fall Over 2%: Hong Kong Stocks Weaker As Record China COVID-19 Cases Alarm Investors

By Bhavik Nair

Today, 12:56 PM

Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing over 1% in opening trade, as market focus shifted to increasing COVID-19 cases in China, which reported a record-high number of infections on Thursday.</

BABA

2 minute read

Great News For Alibaba And Peers As HSBC Finds The Sector Promising

By Anusuya Lahiri

Today, 12:56 PM

HSBC Holdings, plc (NYSE: HSBC) found the outlook of some Chinese industries, from the internet to property, has turned brighter as it had priced in much of the bad news.

BABA

2 minute read

Alibaba Plunges, Xpeng, Nio Nosedive: Fed Rate Hike and Projections Push Hang Seng To 2011 Lows

By Bhavik Nair

Today, 12:56 PM

Hong Kong's benchmark Hang Seng Index lost over 1.9% in opening trade to hit 2011 lows after the U.S. Federal Reserve raised interest rates by 0.75% and indicated they could be hit as high as 4.6% next year. That dented stocks of U.S.-listed Chinese EV makers, whose business prospects depend a lot on interest rates.

BABA

1 minute read

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

By Madhukumar Warrier

Today, 12:56 PM

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

BABA

2 minute read

Alibaba Gains Nearly 5%, Tesla Rivals Nio, Xpeng Firm In Hong Kong Today — What’s Keeping Sentiment Up?

By Madhukumar Warrier

Today, 12:56 PM

Shares of U.S.-listed Chinese tech companies — led by Alibaba Group Holding Limited (NYSE: BABA) — traded mostly higher in Hong Kong on Tuesday, after the e-commerce giant said it had

BABA

2 minute read

Tesla Rival Nio Shoots Up 9%, Alibaba Clocks 4% Gain: What’s Driving The Hong Kong Markets Today?

By Madhukumar Warrier

Today, 12:56 PM

Shares of several of the U.S.-listed Chinese tech companies are trading significantly higher in Hong Kong on Monday — while the benchmark Hang Seng Index trimmed early gains — as investors hoped for policy support measures from Beijing.

BABA

2 minute read

Why Is Dogecoin Slumping Today?

By Shivdeep Dhaliwal

Today, 12:56 PM

Dogecoin (CRYPTO: DOGE) traded 3.88% lower at $0.17 over 24 hours leading up to early Friday morning. What’s Moving? DOGE has plunged 18.78% over a seven-day trailing period. The meme cryptocurrency traded 0.96% lower against Bitcoin and rose 2% against Ethereum.

$DOGE

2 minute read

Bitcoin, Ethereum, Dogecoin Slide — Analyst Suggests Other Factors Contributing To Crypto Carnage Beside Evergrande Woes

By Shivdeep Dhaliwal

Today, 12:56 PM

Major coins dived into the red Thursday evening as the global cryptocurrency market cap decreased 5.63% to $2.26 trillion. What Happened: Bitcoin (CRYPTO: BTC) dropped 3.6% to $48,741.25 over 24 hours. The apex coin has fallen 14.39% over a seven-day trailing period.

$DOGE