Asia - Spark Newswire

2 minute read

Alibaba Sheds 2%, Nio Jumps 3%: What’s Weighing On Hong Kong Stocks Today

Today, 7:38 PM

Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Wednesday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and JD.com Inc (NASDAQ:

BABA

1 minute read

Hong Kong’s Iconic Jumbo Floating Restaurant Sinks In South China Sea

By Navdeep Yadav

Today, 7:38 PM

Hong Kong's iconic floating restaurant has sunk in the South China Sea, days after it departed for a new home from the harbor where it operated for nearly 50 years.

SPY

2 minute read

Why Alibaba, Nio, Chinese Peers Are Trading Mixed In Hong Kong Today

By Navdeep Yadav

Today, 7:38 PM

Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Tuesday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), and Tencent Holdings (OTC:

BABA

1 minute read

Alibaba Could Suffer Fallout As Top Rival Plans Foray In Food Delivery Service

By Navdeep Yadav

Today, 7:38 PM

Beijing-headquartered e-commerce giant JD.com Inc (NASDAQ: JD) is mulling a possible foray into the food delivery business, posing an intense competition for its Chinese peers Meituan (OTC: MPNGF) and Alibaba Group

BABA

2 minute read

Alibaba Down Nearly 1%, Nio Up 2%: What’s Weighing On Hong Kong Stocks Today

By Navdeep Yadav

Today, 7:38 PM

Shares of major U.S.-listed Chinese companies traded mostly higher in Hong Kong on Friday, with tech giants like Baidu Inc (NASDAQ: BIDU), JD.com (NASDAQ: JD), and Tencent Holdings (OTC:

BABA

3 minute read

Charlotte’s Web Sponsors Women’s Soccer Team Co-Founded By Natalie Portman And Has Struck A Deal In China

By Nicolas Jose Rodriguez

Today, 7:38 PM

Angel City Football Club (ACFC), a team in the National Women's Soccer League co-founded by Academy Award-winning actress and activist Natalie Portman, announced that Charlotte's Web Inc.

CWBHF

4 minute read

Mega Genomics Eyes Hong Kong IPO To Ride Growing Popularity of Genetic Testing

By The Bamboo Works

Today, 7:38 PM

Key Takeaways: Mega Genomics is looking to list about 11.9 million shares at HK$18-HK$22 apiece in Hong Kong on June 23 Although the company’s net profit didn’t grow last year amid pressure on margins, it remained profitable unlike listed competitors New Horizon Health and Burning Rock Biotech By Molly Wen

BNR

2 minute read

Why Alibaba, Nio, Chinese Peers Are Trading Mixed In Hong Kong Today

By Navdeep Yadav

Today, 7:38 PM

Shares of major U.S.-listed Chinese companies traded mixed in Hong Kong on Thursday as they struggled for direction.

BABA

1 minute read

Why Nio Is Shooting Higher In Hong Kong Today

By Navdeep Yadav

Today, 7:38 PM

Shares of Chinese electric vehicle maker Nio Inc (NYSE: NIO)shot up on Thursday in Hong Kong after the company's latest product launch renewed investors' hope.

5 minute read

Qudian Finds New Business Model in Buying Back Shares

By The Bamboo Works

Today, 7:38 PM

Key Takeaways: Qudian has announced a $200 million share buyback plan, extending a recent series of buying of its own stock Aggressive share purchasing comes as Qudian dramatically scales back its original consumer lending business and searches for a new business model By Doug Young

FINV