Alibaba, Other Tech Peers Snap Losing Streak In Hong Kong: What’s Driving Them Today?
Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ:
Chindata Potentially Up for Sale as M&A Heats Up in China Data Centers
Key Takeaways:
Data center operators GDS and EdgeConneX have reportedly expressed interest in making bids for Chindata
Chindata’s control by U.S. private equity giant Bain and the recent departure of its founder may make it ripe for such a buyout
By Doug Young
Nio, Xpeng Fall Over 4%: What’s Pulling Hong Kong EV Stocks Down Today?
Shares of Tesla Inc (NASDAQ: TSLA) rivals and U.S.-listed Chinese electric automakers Nio Inc (NYSE: NIO), Xpeng Inc (NYSE: XPEV), and
Why Alibaba, Other Tech Peers Are Sinking In Hong Kong Today
Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), an
DiDi’s Delisting Plan Just the Start of a Tough Road Ahead
Key Takeaways:
DiDi shareholders are likely to approve a plan to delist the company from New York since major investors who hold more than 45% of its shares are likely to vote in favor
Polygon Co-Founder Says India Needs A Centralized Crypto Regulator
The co-founder of Ethereum (CRYPTO: ETH) scaling project Polygon (CRYPTO: MATIC) believes that India needs a single regulator to oversee all crypto-related matters, and the current model is clu
Nio, Xpeng Plummet: What’s Dragging Hong Kong EV Stocks Today?
Shares of Tesla Inc (NASDAQ: TSLA) rivals and U.S.-listed Chinese electric automakers Nio Inc. (NYSE: NIO), Xpeng Inc (NYSE: XPEV), and
Alibaba, Other Tech Peers Slide For Fourth Session: What’s Up With Hong Kong Tech Stocks Today?
Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), and
Fosun Tourism Takes Off Globally, But Gets Grounded in China
Key Takeaways:
Club Med operator Fosun Tourism reported a fourfold increase in revenue from its resort operations in the first quarter despite a resurgence of the Covid-19 Omicron variant
Company is expected to return to profitability this year, with valuations that look competitive with other major global tourism stocks
Yuan Pricing for Mainland China Buyers Could Lift Hong Kong Stocks
Key Takeaways:
Hong Kong and mainland stock regulators will create a mechanism allowing mainland Chinese to buy Hong Kong stocks using China’s yuan through an existing connect program