Asia - Spark Newswire

2 minute read

Kevin O’Leary Called The Bottom In Chinese Stocks: Now What?

Today, 8:16 AM

Kevin O'Leary, chairman of O'Shares ETFs, took some heat for buying Chinese stocks earlier this week when seemingly everyone disagreed with his reasoning, but it was an obvious move for the savvy investor.

BABA

2 minute read

Why Alibaba, JD And Tesla Rivals Li Auto, Nio Are Rebounding Big-Time In Hong Kong Today

By Madhukumar Warrier

Today, 8:16 AM

Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory after three days of losses.

BABA

3 minute read

Betting Against Bonds: Our Freezing Of Russia’s Dollar Assets Will Likely Drive China Away From U.S. Treasuries

By David Pinsen

Today, 8:16 AM

Karolina Grabowska/Pexels Turning Slightly More Bearish In a post in late January, I mentioned that a bearish ETF had hit our top names for the first time since 2020:

GUSH

5 minute read

Collapsed Economies Choose Crypto Over Fiat

By Pauline Shangett

Today, 8:16 AM

Digital currencies have been becoming increasingly popular worldwide thanks to their undeniable advantages: privacy, transparency, and accessibility. More and more people choose to use crypto and enjoy the benefits of decentralization. Meanwhile, governments are wary of digital assets as they see them as a potential rival to the national economy.

$XRP

2 minute read

Alibaba And Tesla Rival Nio Slide For Third Day Straight In Hong Kong — What’s Behind The Tech Rout?

By Madhukumar Warrier

Today, 8:16 AM

Shares of U.S.-listed Chinese tech companies extended losses in Hong Kong for a third straight session on Tuesday, hurt by fears of global repercussions if China was seen as supporting Russia over its invasion of Ukraine.

BABA

5 minute read

Renewed Focus Clears Distractions for Chindata After Founder’s Abrupt Exit

By The Bamboo Works

Today, 8:16 AM

Key takeaways: • Chindata reported its revenue grew 41% in the fourth quarter, as its full-year revenue and EBITDA for 2021 exceeded previous guidance

2 minute read

Alibaba And Tesla Rivals Nio, Xpeng Plunge In Hong Kong Today Amid Worries Over New COVID-19 Restrictions In China

By Madhukumar Warrier

Today, 8:16 AM

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Monday and dragged the benchmark Hang Seng Index sharply lower for a second straight day amid worries about a growing COVID-19 outbreak in China.

BABA

3 minute read

Hollywood Wants In On the Metaverse and the Implications Could Be Huge

By Jake Fraser

Today, 8:16 AM

If the Metaverse seems like a term straight out of science fiction, that’s because it is. In his novel Snow Crash in 1992, novelist Neal Stephenson first used this word to define a multi-connected virtual universe that simulates the real-world and allows people to experience practically anything.

DIS

2 minute read

Why Alibaba, JD And Tesla Rivals Nio, Xpeng Are Crashing In Hong Kong Today

By Madhukumar Warrier

Today, 8:16 AM

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war.

BABA

1 minute read

Here’s How Nio Fared In Hong Kong Debut, As It Joined Rivals Xpeng, Li Auto On The Bourse

By Rachit Vats

Today, 8:16 AM

Nio Inc’s (NYSE: NIO) shares soared as much as 12% in their Hong Kong debut on Thursday. What Happened: Nio stock traded at HK$162 apiece around noon.