Asia - Spark Newswire

2 minute read

Alibaba, Nio Rise Over 1%: Hang Seng Rebounds On Easing COVID-19 Curbs In China

December 7, 10:10 PM

Hong Kong stocks opened in the green on Thursday morning, with the benchmark Hang Seng gaining over 1.5%, as investors and traders cheered the easing COVID-19 restrictions in China, which signaled a reopening of the economy. The government announced that work and local prod

BABA

2 minute read

Alibaba, Nio Stocks Mixed: Hang Seng Opens On Cautious Note As Recession Fears Grip Markets

By Bhavik Nair

December 6, 10:07 PM

Hong Kong stocks opened mixed on Wednesday morning as investors and traders remained cautious over recession concerns that sparked a weak session on Wall Street the day before.

BABA

2 minute read

Alibaba Down 2%, Nio Falls Over 3%: Hang Seng Treads Water On Weak Wall Street Cues Over Rate-Hike Worries

By Bhavik Nair

December 5, 10:45 PM

Hong Kong shares opened lower on Tuesday, following an overnight decline in U.S. markets after some key economic data triggered fears of the Federal Reserve continuing to raise interest rates and causing a recession.

AAPL

3 minute read

Will Putin Adhere To G7 Price Cap? EU To Face Tough Year Filling Oil, Gas Reserves

By Robert Kuczmarski

December 5, 2:24 PM

Until the Russia-Ukraine War, the European Union (EU) relied on Russia for roughly 39.2% of its natural gas supply.

LNG

2 minute read

Alibaba Up 5%, Nio Surges 12%: Hang Seng Jumps As China Dials Down Zero-COVID Controls

By Bhavik Nair

December 4, 11:26 PM

Hong Kong stocks soared on Monday morning, with the benchmark Hang Seng index rising over 3%, as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.

BABA

2 minute read

‘Big Short’ Investor Michael Burry Puts Out Cryptic Hong Kong Tweet As Alibaba, Nio Soar In Strong Hang Seng Open

By Bhavik Nair

December 4, 10:50 PM

"The Big Short" investor Michael Burry has made a cryptic tweet about Hong Kong, possibly indicating his stance about stocks listed in the region.

BABA

2 minute read

This Congresswoman Saw Returns Of Over 20% On An Aerospace Company; Check Out 3 Dividend Stocks She Recently Purchased

By Robert Kuczmarski

December 4, 5:59 PM

The stock purchases of U.S. Representative Diana Harshbarger (R-TN) were first covered by Benzinga on Oct.

AZO

3 minute read

Who Are The Winners And Losers Of G7 Price Cap On Russian Oil?

By Robert Kuczmarski

December 3, 12:59 PM

Ahead of the OPEC + meeting this Sunday to discuss its oil production policy, the European Union decided to ban all maritime transports of imported Russian oil on Monday.

CVX

2 minute read

Alibaba, Nio Shed Over 2%: Hang Seng Opens Weaker As Investors Turn Cautious Ahead Of US Jobs Data

By Bhavik Nair

December 1, 11:06 PM

Hong Kong stocks opened mixed on Friday morning as investors and traders remained cautious ahead of the release of U.S.

BABA

2 minute read

Alibaba, Nio Soar Over 7%: Powell’s Speech Fires Up Hang Seng After Strong Wall Street Close

By Bhavik Nair

November 30, 10:18 PM

Hong Kong stocks soared on Thursday with the benchmark Hang Seng opening 2.47% higher following Federal Reserve Chair Jerome Powell’s speech that indicated the central bank may slow the pace of rate hikes as soon as December. EV stocks surged, with Xpeng shares rising over 21%, playing catch-up with its U.S.

BABA