Asia - Spark Newswire

2 minute read

Nio Says Short-Seller Report ‘Misleading, Speculative’ As Stock Slides 10% In Hong Kong

Today, 11:15 AM

Tesla Inc (NASDAQ: TSLA), rival Chinese EV maker Nio Inc (NYSE: NIO), refuted short-seller bearish claims on its stock that alleged the company of inflating its revenue and profitability.

2 minute read

Why Alibaba, Nio, Chinese Peers Are Sliding In Hong Kong Today

By Navdeep Yadav

Today, 11:15 AM

Shares of major U.S.-listed Chinese companies were trading lower for a second straight session in Hong Kong on Wednesday, as major tech stocks like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY),

BABA

2 minute read

China Loosens COVID Rules, Sending Travel, Leisure Stocks Higher: What Investors Need To Know

By Wayne Duggan

Today, 11:15 AM

Chinese travel and entertainment stocks are on the rise on Tuesday on reports of loosening COVID-19 restrictions in China.

AMBO

2 minute read

Watch: Joe Biden Walking Up To Greet Narendra Modi At G7 Summit Goes Viral

By Navdeep Yadav

Today, 11:15 AM

A video of U.S. President Joe Biden walking up to greet Indian Prime Minister Narendra Modi is winning the hearts of Indians on social media.

SPY

2 minute read

Alibaba Loses 2%, Nio Tumbles 9%: What’s Dragging Hong Kong Stocks Today?

By Navdeep Yadav

Today, 11:15 AM

Shares of major U.S.-listed Chinese companies were trading lower in Hong Kong on Tuesday, with major tech stocks like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ: <

BABA

1 minute read

Taiwan Hopes To Seal Free Trade Deal With US As Biden Administration Holds Talks

By Navdeep Yadav

Today, 11:15 AM

The United States and Taiwan will hold trade talks on Monday under a newly agreed-on framework.

AAPL

2 minute read

EVs For ICE: How Tesla Is Drawing More China Buyers Into Greener Side

By Rachit Vats

Today, 11:15 AM

Tesla Inc (NASDAQ: TSLA) has launched a trade-in campaign in China to encourage more traditional, gas-powered engine car owners to switch over to its electric cars amid growing demand and competition, CnEVpost

BYDDY

2 minute read

Alibaba, Nio Surge, Chinese Peers Mixed In Hong Kong Today

By Navdeep Yadav

Today, 11:15 AM

Shares of major U.S.-listed Chinese companies were trading mixed in Hong Kong on Monday, with gains in major tech stocks offsetting a drag in the electric vehicle sector.

BABA

1 minute read

Korean Fund Cuts Tesla Stake To Decade-Low, Adds To Stake In These Chinese EV Makers Instead

By Rachit Vats

Today, 11:15 AM

The Korea Investment Management Co fund, an investor in Tesla Inc (NASDAQ: TSLA) since 2017, has gradually lowered its exposure to the Elon Musk-led company to its lowest level, Bl

BYDDY

2 minute read

Explained: Russian Ruble Hits Strongest Level In 7 Years Against US Dollar Despite Western Sanctions

By Navdeep Yadav

Today, 11:15 AM

Withstanding severe western trade sanctions against Kremlin, the Russian Ruble has hit a seven-year high against the U.S. dollar.

SPY