Apple Suppliers Slowly Boosting US Presence To Cut China Reliance
Apple Inc. (NASDAQ: AAPL) suppliers are gradually establishing new production facilities in the U.S., with a focus on California, to move more manufacturing out of China.
Alibaba, Nio Surge Over 6%: Hang Seng Soars As It Plays Catch-Up With Wall Street After Holiday
Hong Kong markets opened on a strong note on Wednesday morning, taking cues from an upbeat Wall Street session where major indices closed about 3% higher.
China Cashes In: Energy Companies Reroute US LNG Tankers For Profit
Since late August, China's strict zero-covid policy led to a full or partial lockdown of more than 70 cities. As a result, the demand for energy has fallen.
What Happened: Shenzhen, one of the world's busiest container port cities, continues to experience lockdowns.
As Global Recession Looms, These 3 Dividend Kings Are Primed To Benefit From The Sale Of Necessities
With the SPDR S&P 500 (ARCA: SPY) down roughly 22.5% year-to-date, investors may want to turn to blue chip dividend kings. These stocks typically lose less of their value than other stocks in the S&P 500 and increase dividends for 50 consecutive years.
Alibaba, JD Fall: No Respite For Hang Seng As Pessimism Continues On Wall Street
Hong Kong shares opened in the red on Monday morning, taking cues from Friday’s Wall Street decline where major indices fell 1.5%. The benchmark Hang Seng fell 1% in opening trade.
Chinese EV Trio Reports September Deliveries: Nio Holds Up, XPeng Slips And Li Auto Sizzles After Anemic August
Nio, Inc. (NYSE: NIO), XPeng, Inc. (NYSE: XPEV) and Li Auto, Inc.
Bond Yields Are Rising Dramatically: These 2 Dividend ETFs Have Them Beat
The two-year U.S. treasury yield reached 4.167% on Friday. The 10-year U.S. treasury yield hit 3.762%. This allows the yield curve to remain in an inverse relationship, which typically points to a recession.
Alibaba Stock Holds It Together But Nio And EV Peers Plunge Despite Upbeat China PMI Data
Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally.
Tesla China Rival Leapmotor Topples Over 14% In Hong Kong Debut: What’s Fraying Investor Nerves?
Tesla Inc (NASDAQ: TSLA) rival Zhejiang Leapmotor Technology's shares opened 14.5% lower at HK$41 ($5.22) apiece on Thursday, as against its initial public offering price of HK$48.
Why Alibaba, Nio And Other Stocks Are Shooting Up (For Now) In Hong Kong Today
Hong Kong stocks opened in the green, taking cues from a relief rally on Wall Street after the Bank of England said it will start buying government bonds at an urgent pace to help restore orderly market conditions. The central bank has pledged to buy 65 billion pounds worth of government bonds.