Newsfeeds - Spark Newswire

2 minute read

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

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

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

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

2 minute read

Alibaba, Nio Fall 2%: Hang Seng Opens In The Red As Traders Digest China Factory Data, Await Fed Chair Speech

By Bhavik Nair

November 29, 10:33 PM

Hong Kong shares opened in the red on Wednesday morning Asia trade after China’s November factory activity narrowed at a faster pace.

BABA

1 minute read

Can AI Beat Humans In Understanding Language? Tencent And Alibaba’s AI Models Can

By Anusuya Lahiri

November 29, 7:40 AM

Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd's (OTC: TCEHY) artificial intelligence (AI) models understand the Chinese language better than humans, a study suggested.

ADBE

2 minute read

Alibaba, Nio Rise Over 2%: Hong Kong Stocks Firm As Easing Developer Regulations Outweigh China COVID-19 Protests

By Bhavik Nair

November 28, 10:50 PM

Hong Kong stocks opened higher on Tuesday, with the benchmark Hang Seng rising 3% in morning trade, despite continuing unrest in China over Xi Jinping’s strict COVID-19 restrictions. Investors and traders weighed in some good news on the Chinese regulatory front that intends to support the property sector.

BABA

2 minute read

Alibaba, Nio Plunge Close To 6% As Unrest Over Xi Jinping’s Covid-Zero Policies Pulls Hong Kong Stocks Down

By Bhavik Nair

November 27, 10:17 PM

Hong Kong stocks witnessed a sharp decline on Monday with the benchmark Hang Seng falling over 3% in morning trade as the unrest in China over Xi Jinping’s COVID-zero policies weighed on the market.

BABA

2 minute read

Alibaba, Nio Fall Over 2%: Hong Kong Stocks Weaker As Record China COVID-19 Cases Alarm Investors

By Bhavik Nair

November 24, 10:16 PM

Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing over 1% in opening trade, as market focus shifted to increasing COVID-19 cases in China, which reported a record-high number of infections on Thursday.</

BABA