- Spark Newswire

4 minute read

Nio, EV Peers Surge, Alibaba Edges Higher As Hang Seng Takes Strong Cues From Wall Street

Today, 1:17 PM

U.S.-listed Chinese electric-vehicle stocks surged in early Hong Kong trading on Friday, with Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) adding more than 4%, following a firmer close on

BABA

2 minute read

DiDi Fined $1.2B In China: Is The Company Finally Out Of Rough Waters?

By Bhavik Nair

Today, 1:17 PM

China has fined ride-hailing app DiDi Global Inc – ADR (OTC: DIDIY) $1.2 billion for violating its data security law, cyber security law and personal information protection law. The decision has brought to conclusion a year-long investigation into the firm.

BABA

2 minute read

Alibaba, Baidu, Tencent Slide: Hang Seng Falls 1% As Bank Of Japan Rate Decision Eyed

By Bhavik Nair

Today, 1:17 PM

Hong Kong’s benchmark Hang Seng Index opened in the red on Thursday as shares of Baidu Inc (NASDAQ: BIDU), Alibaba Group Holding Ltd. (NYSE: BABA<

AMD

2 minute read

Asia Markets Surge Following Wall Street Earnings Boost — Japan, Australia Lead Pack

By Bhavik Nair

Today, 1:17 PM

Asian markets surged Wednesday morning with Japan’s Nikkei leading the pack after Wall Street witnessed heavy buying, the day before, led by upbeat corporate earnings and expectations of gas supply resumption to Europe from Russia helped calm investor angst.

NPSCY

3 minute read

Alibaba, Meituan, JD Lead Hong Kong Rally As Markets Cheer Wall Street Bounce

By Bhavik Nair

Today, 1:17 PM

Hong Kong's benchmark Hang Seng Index rose over 2% in early Wednesday trading after a strong opening, driven by big tech stocks such as Alibaba Group Holding Ltd. (NYSE: BABA) and Meituan (OTC:

BABA

2 minute read

Post Mega London Stock Exchange Listing, GSK Spinoff Haleon’s Plunge Brings Valuation Concerns To The Fore

By Bhavik Nair

Today, 1:17 PM

After GSK (NYSE: GSK) spun off its consumer health division Haleon Plc (LSE: HLN) into a separate entity, shares of the newly listed firm plunged during intraday trade, closing over 6.5% down at GBX 308.4 on the London Stock Exchange on Monday.

GLNCY

2 minute read

Most Asian Markets Slip, Japan Sees Buying After 3-Day Weekend

By Bhavik Nair

Today, 1:17 PM

The majority of the Asia-Pacific markets traded lower on Tuesday morning except for the Nikkei, which opened marginally higher at 0.76% following a holiday on Monday. Investors are eyeing corporate earnings and oil prices.

2 minute read

Alibaba, Xpeng Lead Losers’ Chart As Big Tech, EV Stocks Take A Hit In Hong Kong

By Bhavik Nair

Today, 1:17 PM

Shares of major U.S.-listed firms on the Hong Kong stock exchange dropped on Tuesday as the Hang Seng index commenced the trading day in the red. The index was down over 1% on Tuesday morning.

BABA

1 minute read

Crucial Thursday: EUR/USD Traders Await Flowing Of Gas From Russia To Germany With Bated Breath

By Bhavik Nair

Today, 1:17 PM

After breaching parity last week for the first time in twenty years, the downtrend in the EUR/USD pair has taken a pause but is still hovering around the lows ahead of a crucial Thursday when the gas flow from the Nord Stream pipe to Germany from Russia is supposed to resume.

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