Newsfeeds - Spark Newswire

5 minute read

Cross-Border E-commerce Trader Zibuyu Files for IPO Despite Sinking Profits

Today, 6:15 AM

Key Takeaways: Cross-border e-commerce company Zibuyu has filed for a Hong Kong IPO, but could be undermined by its heavy reliance on Amazon and the U.S. market The company’s first-half profit plunged 46% as its merchandise return rates and costs both rose sharply By Stone Shek

AMZN

2 minute read

Alibaba Sheds 1%, Nio, EV Peers Tank Over 6%: Hong Kong Stocks Open Lower As Focus Turns To US Jobs Data

By Bhavik Nair

Today, 6:15 AM

Hong Kong stocks opened in the red on Friday ahead of the release of the U.S.

BABA

2 minute read

Alibaba, Nio, EV Stocks Fall: Hang Seng’s Wednesday Rally Proves A Farce As Index Tracks Weaker Wall Street Close

By Bhavik Nair

Today, 6:15 AM

Hong Kong stocks opened in the red on Thursday after Wall Street indices lost steam following a two-day rally. The benchmark Hang Seng lost 0.52% in opening trade.

BABA

2 minute read

Alibaba, Nio Surge Over 6%: Hang Seng Soars As It Plays Catch-Up With Wall Street After Holiday

By Bhavik Nair

Today, 6:15 AM

Hong Kong markets opened on a strong note on Wednesday morning, taking cues from an upbeat Wall Street session where major indices closed about 3% higher.

AAPL

4 minute read

Options

10 Consumer Discretionary Stocks Whale Activity In Today’s Session

By Benzinga Insights

Today, 6:15 AM

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

2 minute read

Alibaba, JD Fall: No Respite For Hang Seng As Pessimism Continues On Wall Street

By Bhavik Nair

Today, 6:15 AM

Hong Kong shares opened in the red on Monday morning, taking cues from Friday’s Wall Street decline where major indices fell 1.5%. The benchmark Hang Seng fell 1% in opening trade.

BABA

2 minute read

Alibaba Stock Holds It Together But Nio And EV Peers Plunge Despite Upbeat China PMI Data

By Bhavik Nair

Today, 6:15 AM

Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally.

BABA

2 minute read

Great News For Alibaba And Peers As HSBC Finds The Sector Promising

By Anusuya Lahiri

Today, 6:15 AM

HSBC Holdings, plc (NYSE: HSBC) found the outlook of some Chinese industries, from the internet to property, has turned brighter as it had priced in much of the bad news.

BABA

2 minute read

Why Alibaba, Nio And Other Stocks Are Shooting Up (For Now) In Hong Kong Today

By Bhavik Nair

Today, 6:15 AM

Hong Kong stocks opened in the green, taking cues from a relief rally on Wall Street after the Bank of England said it will start buying government bonds at an urgent pace to help restore orderly market conditions. The central bank has pledged to buy 65 billion pounds worth of government bonds.

BABA

2 minute read

Asian Bloodbath Continues: Alibaba, XPeng Shed 2%, Yuan Hits Weakest Levels Since 2008

By Bhavik Nair

Today, 6:15 AM

Hong Kong shares opened lower on Wednesday, with the benchmark Hang Seng slipping 2.5%, taking cues from the S&P 500 which fell deeper into the bear territory after hitting a near two-year low. The Chinese yuan hit its lowest level since 2008 and was trading at 7.2296 against the dollar on Wednesday.

BABA