Asia - Spark Newswire

1 minute read

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Today, 10:07 AM

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

BABA

5 minute read

FinVolution Emerging as Fintech Lending Leader After Industry Makeover

By The Bamboo Works

Today, 10:07 AM

Key Takeaways: • FinVolution, which has transformed into a loan facilitator from a direct lender, reported a 32% rise in fourth quarter revenue despite regulatory headwinds for fintech lenders

FINV

2 minute read

Alibaba Gains Nearly 5%, Tesla Rivals Nio, Xpeng Firm In Hong Kong Today — What’s Keeping Sentiment Up?

By Madhukumar Warrier

Today, 10:07 AM

Shares of U.S.-listed Chinese tech companies — led by Alibaba Group Holding Limited (NYSE: BABA) — traded mostly higher in Hong Kong on Tuesday, after the e-commerce giant said it had

BABA

5 minute read

TuSimple Looks to Decouple From China. Others to Follow?

By The Bamboo Works

Today, 10:07 AM

Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China business, leaving its more advanced U.S. business as its main asset Such a spinoff could provide upside for company’s stock by significantly reducing U.S. national security concerns By Doug Young

BABA

2 minute read

Shanghai Disneyland Resort Temporarily Closes Due To COVID-19 Surge: Could It Hurt The Mouse’s Growth Momentum?

By Chris Katje

Today, 10:07 AM

An international theme park is closing temporarily due to a surge in COVID-19 cases. Here’s a look at what the move could mean for The Walt Disney Co (NYSE: DIS).

DIS

2 minute read

AUDACIOUS Opens Medical Cannabis Clinic In Southeast Asia

By Vuk Zdinjak

Today, 10:07 AM

AUDACIOUS (OTCQB: AUSAF) and Thai-based partner Golden Triangle Health have partnered to open the first Herbidus Medical Center in Bangkok. Herbidus is among the first clinics in Asia that can prescribe cannabis for medical treatments in compliance with the law.

AUSAF

2 minute read

Tesla Rival Nio Shoots Up 9%, Alibaba Clocks 4% Gain: What’s Driving The Hong Kong Markets Today?

By Madhukumar Warrier

Today, 10:07 AM

Shares of several of the U.S.-listed Chinese tech companies are trading significantly higher in Hong Kong on Monday — while the benchmark Hang Seng Index trimmed early gains — as investors hoped for policy support measures from Beijing.

BABA

2 minute read

Stock Indexes Little Changed Amid War, Inflation, Oil Prices; Yield Inversion Looms: Reuters

By Vandana Singh

Today, 10:07 AM

Global stocks clenched to their gains for the week on Friday, but rising interest rates, high oil prices, and the Russia-Ukraine kept the rebound at bay as yields sent a warning signal for the economy.

ERUS

1 minute read

Pete Najarian Books Profit On Alibaba Trade, But He’s Still Holding These Names With China Exposure

By Adam Eckert

Today, 10:07 AM

Market Rebellion co-founder Pete Najaraian bought short-term Alibaba Group Holding Ltd (NYSE: BABA) call options earlier this week. He sold those calls following a surge in Alibaba's stock price.

BABA

2 minute read

Alibaba Up 9%, Nio Up 4.6% — What’s Driving Hong Kong Markets Higher Today?

By Madhukumar Warrier

Today, 10:07 AM

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

BABA