Oppenheimer analyst Suraj Kalia downgrades Edwards Lifesciences (NYSE:EW) from Outperform to Perform.
Alibaba, Nio Fall Over 2%: Hang Seng Weakens After Fed Sees Rate Hikes Through Next Year
Hong Kong stocks witnessed a sell-off on Thursday despite the Federal Reserve’s 50 basis points rate hike being on anticipated lines as central bank officials projected rate increases through next year