Newsfeeds - Spark Newswire

2 minute read

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

Today, 9:09 AM

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

2 minute read

Mark Mobius Says China May Ease COVID-Zero Policy By Year-End — But Has This Worry For Private Sector

By Bhavik Nair

Today, 9:09 AM

Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, has said that China is likely to ease its Covid Zero policy by the end of 2022 as its economy is struggling and the government needs money &ldqu

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, 9:09 AM

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, 9:09 AM

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

2 minute read

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

By Bhavik Nair

Today, 9:09 AM

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

2 minute read

Alibaba, JD Put Up Resistance As Hang Seng Index Falls Below 15,000 Level For 1st Time Since 2009

By Bhavik Nair

Today, 9:09 AM

Hong Kong stocks traded mixed on Tuesday with the benchmark Hang Seng Index falling over 1% in morning trade as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power.

BABA

2 minute read

Alibaba, Nio Mixed: Hang Seng Trades Flat As Inflation Data Eyed, China COVID-19 Lockdowns Weigh

By Bhavik Nair

Today, 9:09 AM

Hong Kong shares were trading flat on Friday, with the benchmark Hang Seng edging just 0.05% up, ahead of the release of the inflation report in the city. Shares of Alibaba rose 0.72% in morning trade, while Xpeng shares gained over 5%.

BABA

2 minute read

Alibaba, Nio Fall Over 4%: Hang Seng Hits 13-Year Low As Worries Grow Over China Economic Data Delay

By Bhavik Nair

Today, 9:09 AM

Hong Kong stocks opened in the red on Thursday, with the benchmark Hang Seng losing 2% to hit a 13-year low, as investors and traders continued to worry about China’s delayed economic indicators and a rise in COVID-19 cases.

BABA

2 minute read

Alibaba, Nio Fall: Hang Seng Opens Lower Ahead Of Hong Kong Leader John Lee’s Policy Speech

By Bhavik Nair

Today, 9:09 AM

Hong Kong stocks opened in the red on Wednesday, with the benchmark Hang Seng opening 0.42% lower ahead of a key speech by the city’s leader John Lee.

BABA

2 minute read

Alibaba Up 3%, Nio Rises 1%: Hong Kong Shares Open Higher, China Delays GDP Data Release

By Bhavik Nair

Today, 9:09 AM

Hong Kong stocks opened in the green on Tuesday following a bounce on Wall Street where major indices recorded significant gains as the focus shifted toward the earnings season. The benchmark Hang Seng opened over 1% higher.

BABA