Asia - Spark Newswire

2 minute read

Alibaba Down 3%, Nio Plunges 9%: Hang Seng Opens In Red As All Eyes Turn to US Inflation Data Release

Today, 3:06 PM

Hong Kong stocks opened weaker on Thursday, with the benchmark Hang Seng losing 1.84%, as investors eyed Thursday’s inflation data from the U.S.

BABA

2 minute read

Alibaba, Nio Fall: Hong Kong Stocks Weaken As China COVID-19 Cases Rise, US Midterm Results Eyed

By Bhavik Nair

Today, 3:06 PM

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng losing over 1%, as investors and traders await the results of the U.S.

AAPL

1 minute read

Warren Buffett-Backed BYD Reportedly Plans To Launch New Premium Brand In Q1 2023

By Bhavik Nair

Today, 3:06 PM

Warren Buffett-backed EV-maker BYD Co. (OTC: BYDDF) (OTC: BYDDY) is reportedly looking to launch a new premium brand in the first quarter of 2023.

BYDDF

2 minute read

Alibaba Falls Nearly 2%, Nio Slides 9%: What’s Fraying Hang Seng Investor Nerves Today

By Bhavik Nair

Today, 3:06 PM

Hong Kong stocks opened in the red on Tuesday, with the benchmark Hang Seng opening 0.18% lower as investors and traders remained cautious ahead of the U.S.

BABA

2 minute read

Alibaba, JD And Peers Surge, Defying Weak October Chinese Trade Data Showing 1st YoY Export Decline Since May 2020

By Shanthi Rexaline

Today, 3:06 PM

U.S.-listed Chinese stocks are advancing in premarket trading on Monday, largely ignoring weak trade data out of the country that showed exports recorded their first year-over-year drop since May 2020.

BABA

2 minute read

Alibaba Falls, Nio Rises: Hang Seng Opens Strong As Investors Eye China Trade Data, U.S. Mid-Terms

By Bhavik Nair

Today, 3:06 PM

Hong Kong stocks opened in the green on Monday morning, with the benchmark Hang Seng gaining over 1%, as investors shifted their focus toward U.S. mid-term elections and China trade data due later today.

BABA

2 minute read

Concerned Over Xi Jinping’s Return To Power, Tiger Global Pauses China Equity Investments: WSJ

By Bhavik Nair

Today, 3:06 PM

Tiger Global Management, a long-time China investor, has reportedly paused investing in China equities as the company re-examines its exposure to the country following Xi Jinping’s historic re

BABA

2 minute read

Alibaba, Nio Stocks Surge: Hang Seng Rises Over 3% As Tech, EV Rally Outweighs COVID-19 Worries

By Bhavik Nair

Today, 3:06 PM

Hong Kong shares traded in the green on Friday with the benchmark Hang Seng opening 3.36% higher. Investors and traders seem to have shrugged off a rise in COVID-19 cases in China which hit their highest since August.

BABA

1 minute read

Nio Says Production Back On Track After Hit From China COVID-19 Curbs

By Bhavik Nair

Today, 3:06 PM

Chinese EV-maker Nio Inc (NYSE: NIO) said on Thursday it had resumed production after it was initially affected due to COVID-19 curbs&nbs

NIO

3 minute read

Alibaba, Nio Fall Over 5%: Hang Seng Opens Weaker As Fed Stays Hawkish, China Asserts COVID-Zero Policy

By Bhavik Nair

Today, 3:06 PM

Hong Kong shares opened in the red on Thursday, with the benchmark Hang Seng falling over 0.9% in morning trade, after the Federal Reserve’s anticipation of a higher bar for interest rates to rein in inflation

BABA