Newsfeeds - Spark Newswire

2 minute read

Alibaba, Nio Rise Over 3%: Hong Kong Stocks Open Firmer On Hopes Of Early Christmas Gift From Fed

Today, 7:37 PM

Hong Kong shares opened in the green on Tuesday, with the benchmark Hang Seng gaining over 3%, as optimism grew over the U.S. Federal Reserve toning down its aggressive stance.

BABA

5 minute read

Things Don’t Add Up Well in Used Computer Renter’s IPO Bid

By The Bamboo Works

Today, 7:37 PM

Key Takeaways: LX Technology, parent of Little Bear Rental, has been approved for a Hong Kong IPO, despite losing over 740 million yuan in the past three and a half years Its major early shareholders, including Tencent, Lenovo and JD.com, have started cutting their ties with the company even before the IPO By Tina Yip

2 minute read

Alibaba, Meituan, Nio Jump: Hang Seng Looks Past Weak China Factory Data To Focus On Fed Policy

By Bhavik Nair

Today, 7:37 PM

Hong Kong shares opened in the green on Monday, with the benchmark Hang Seng rising 0.63%, as investors and traders shrugged off a contraction in China’s factory activity while focussing more on the possibility of the U.S.

BABA

5 minute read

Uncategorized

Former Retail Star Gome Hobbled by Declining Revenue, Heavy Debt

By The Bamboo Works

Today, 7:37 PM

Key Takeaways: Gome’s revenues are falling sharply despite gains for its online business, as tumbling sales at its brick-and-mortar stores lead to layoffs and closures

BABA

2 minute read

Alibaba Falls Over 3%, Nio Plunges 6%: Hang Seng Opens Weaker As China COVID Curbs, Earnings Season Fray Nerves

By Bhavik Nair

Today, 7:37 PM

Hong Kong shares opened in the red on Friday, with the benchmark Hang Seng falling 1.5%, as mixed earnings prompted traders and investors to pare positions before the end of the week.

BABA

2 minute read

Alibaba, JD Surge Over 8%: Hang Seng Shoots Up On Tech Rally

By Bhavik Nair

Today, 7:37 PM

Hong Kong stocks opened in the green on Thursday, with the benchmark Hang Seng gaining 2.8% in morning trade. The rally was led by tech stocks, with Alibaba and JD.com gaining over 8% and 9%, respectively. Shares of Meituan and Tencent Holdings gained over 4%.

BABA

4 minute read

Options

10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session

By Benzinga Insights

Today, 7:37 PM

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

BABA

1 minute read

So What’s Going On With JD.com And Pinduoduo Stock Ripping Higher Today?

By Henry Khederian

Today, 7:37 PM

JD.Com Inc (NASDAQ: JD) and Pinduoduo Inc - ADR (NASDAQ: PDD) shares are trading sharply higher Wednesday's session. Shares of Chinese companies at large are trading higher following Tuesday news indicating C

2 minute read

JD.com Whale Trades Spotted

By Benzinga Insights

Today, 7:37 PM

Someone with a lot of money to spend has taken a bullish stance on JD.com (NASDAQ:JD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

2 minute read

Nio Surges 15%, Alibaba Up Nearly 1%: What’s Pushing Hong Kong Stocks Higher Today

By Bhavik Nair

Today, 7:37 PM

Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng gaining 2.5%, as investors began considering the possibility of slowing aggression by the Federal Reserve when it announces its monetary policy next week.

BABA