Asia - Spark Newswire

2 minute read

China To Comply With US Exchange Standards To Avoid Delisting, But Analyst Warns Of ‘Some Bumps In The Road’

Today, 3:06 AM

The Chinese securities regulator said the country would implement the audit agreement reached between the Biden Administration and Xi Jinping's government last week.

BABA

2 minute read

Nasdaq, S&P 500 Reverse Earlier Gains As European Energy Crisis Looms Large

By AJ Fabino

Today, 3:06 AM

Fresh worries over the Nord Stream pipeline surfaced during the early portion of the U.S. session. As a result, stocks gave back early morning gains.

LULU

2 minute read

These Stocks Take A Hit As Covid-19 Outbreak Leads To Megacity Lockdown In China

By AJ Fabino

Today, 3:06 AM

China announced on Thursday that it would declare a state of emergency in Chengdu, a prominent southwestern province.

BYDDY

2 minute read

Warren Buffett-Backed EV Maker BYD Touts 172% Spike In Deliveries, Beating Tesla

By Shanthi Rexaline

Today, 3:06 AM

BYD Company Ltd. (OTC: BYDDF) (OTC: BYDDY) achieved record sales in August, according to data filed with the Hong Kong stock exchange.

BYDDF

5 minute read

Jianzhi Education Debuts Like Meme, But Then Gets Lesson in Gravity

By The Bamboo Works

Today, 3:06 AM

Key Takeaways: Jianzhi Education’s big first-day jump, followed by gradual declines back to its IPO price, signal the recent parade of China meme stocks on Wall Street could be losing steam

AMC

2 minute read

US Restriction On Nvidia, AMD Selling Chips To China Poses Structural Risk For Semiconductor Industry, Analyst Says

By Shanthi Rexaline

Today, 3:06 AM

The stock price of Nvidia Corporation (NASDAQ: NVDA) tanked on Thursday in response to the U.S.

AMD

2 minute read

Hong Kong Stocks Open Mixed Ahead Of US Jobs Data: Is The Market Ignoring Chengdu Lockdown?

By Bhavik Nair

Today, 3:06 AM

Hong Kong stocks opened mixed on Friday ahead of the release of the U.S. jobs report that would give more cues on the course and aggression of the U.S. rate hike later this month. The Hang Seng index lost 0.5% in opening trade. Shares of XPeng lose over 3% in the morning session.

BABA

1 minute read

Why This Nio Analyst Has Slashed Its 3Q Delivery Estimate By 12%

By Bhavik Nair

Today, 3:06 AM

US Tiger Securities analyst Bo Pei has lowered his estimate for Nio Inc's (NYSE: NIO) third-quarter deliveries by 12%, according to a research note.

NIO

2 minute read

Two High-Yielding Stocks Famed Gold And Subprime Mortgage Trader John Paulson Owns

By Robert Kuczmarski

Today, 3:06 AM

John Paulson is a billionaire investor and hedge fund manager of Paulson & Co., which he founded in 1994 as an investment firm in New York. In the second quarter of 2022, Paulson & Co’s holdings decreased to 32 from 40 in the second quarter of 2021.

2 minute read

China News Starts The Month Of September On A Negative Note

By GRIT Capital

Today, 3:06 AM

Good Morning Everyone! Remember, bear markets can make you a lot of money - it just feels like hell at the time.

AMD