Asia - Spark Newswire

2 minute read

Alibaba, Nio Fall Over 4%: Hang Seng Hits 13-Year Low As Worries Grow Over China Economic Data Delay

Today, 4:42 AM

Hong Kong stocks opened in the red on Thursday, with the benchmark Hang Seng losing 2% to hit a 13-year low, as investors and traders continued to worry about China’s delayed economic indicators and a rise in COVID-19 cases.

BABA

2 minute read

Alibaba, Nio Fall: Hang Seng Opens Lower Ahead Of Hong Kong Leader John Lee’s Policy Speech

By Bhavik Nair

Today, 4:42 AM

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng opening 0.42% lower ahead of a key speech by the city’s leader John Lee.

BABA

2 minute read

Starboard Value Holds A 5% Stake In Splunk: Check Out These 2 Dividend Stocks Jeffrey Smith Also Has A Sizable Stake In

By Robert Kuczmarski

Today, 4:42 AM

The activist investor Jeffrey Smith founded Starboard Value LP in 2002, seeking to invest in deeply undervalued companies and actively engage with management teams to identify and execute on opportunities to unlock value for the

HUN

1 minute read

Why Shares Of Warren Buffett-Backed Tesla, Nio EV Rival Shot Over 6% Today

By Bhavik Nair

Today, 4:42 AM

Shares of Warren Buffett-backed BYD Co. (OTC: BYDDY) (OTC: BYDDF) surged over 5% in China after the company reportedly said its third-quarter net profit has likely more than quadrupled led by robust sales a

BYDDF

2 minute read

LNG Cargo Ships Queue Up Around Spain’s Coasts While Europe Grapples With Putin’s Gas Cuts: Here’s What Happened

By Bhavik Nair

Today, 4:42 AM

More than 35 ships carrying liquefied natural gas (LNG) circling off the coasts of Spain are reportedly unable to secure slots to unload their cargo which has prompted grid operators to warn they may have to suspend loading, acco

MLPX

2 minute read

Alibaba Up 3%, Nio Rises 1%: Hong Kong Shares Open Higher, China Delays GDP Data Release

By Bhavik Nair

Today, 4:42 AM

Hong Kong stocks opened in the green on Tuesday following a bounce on Wall Street where major indices recorded significant gains as the focus shifted toward the earnings season. The benchmark Hang Seng opened over 1% higher.

BABA

2 minute read

Tesla Shares Have A Supporter in Congress: House Rep. McKinley Also Likes These 2 Dividend Stocks

By Robert Kuczmarski

Today, 4:42 AM

Republican Congressman David McKinley recently purchased $1,000 to $15,000 shares in Tesla (NASDAQ: TSLA) for a price of $300.80 per share, in an undisclosed position, per Capito

ABT

5 minute read

Daqo Lines Up Big New Buyer Ahead of Massive Expansion

By The Bamboo Works

Today, 4:42 AM

Key Takeaways: Daqo New Energy has signed an agreement to sell 150,300 metric tons of polysilicon to a Chinese polysilicon wafer maker producer over the next five years Daqo and its global peers are currently adding major new capacity that will start to come onstream next year By Doug Young

2 minute read

Chinese Stocks Jump Following Xi’s Bullish Comments On Tech, Emphasis On Supporting Market

By Wayne Duggan

Today, 4:42 AM

The iShares China Large-Cap ETF (NYSE: FXI) jumped Monday morning after China's President Xi Jinping delivered a spe

BABA

2 minute read

Alibaba, Nio Shares Fall: Recession Worries, Volatile Wall Street Keep Hong Kong Stocks In Red

By Bhavik Nair

Today, 4:42 AM

Hong Kong shares opened in the red on Monday as recession worries continued to plague stock markets across the world with major indices in the U.S. falling over 1% on Friday.

BABA