Asia Archives - Page 110 of 119

2 minute read

Alibaba, Other Hong Kong Stocks Show Optimism In Early Trade Even As Analysts Downgrade China Growth Projections

August 18, 10:18 PM

Hong Kong’s Hang Seng index opened in the green on Friday, gaining 0.12% in opening trade, following a muted session on Wall Street. Investors also digested macro news from Japan where the headline inflation rose to 2.6% in July as compared to 2.4% in June.

BABA

2 minute read

This Energy Company Earned More Than Apple, Meta, Microsoft And Tesla Combined In Q2

By Shanthi Rexaline

August 18, 10:39 AM

Big techs are among the highly-profitable companies given their strong revenue growth and cost discipline. Tech giant Apple, Inc. (NASDAQ: AAPL) led Fortune 500’s list of the most profitable U.S. corporations in 2021, with an annual profit of $94.7 billion.

AAPL

1 minute read

Tesla Model Y Delivery Wait Time Shortened In China: Here’s How Soon It Could Get Delivered

By Bhavik Nair

August 18, 2:34 AM

Tesla Inc. (NASDAQ: TSLA) has reduced the delivery wait time for its Model Y in China to four-to-eight weeks, Reuters reporte

TSLA

2 minute read

Alibaba, EV Stocks Fall, Tencent Bucks The Trend After Earnings Report: Hang Seng Index Today

By Bhavik Nair

August 17, 10:18 PM

Hong Kong’s Hang Seng index opened in the red on Thursday, losing 0.39% in morning trade, following a sluggish session on Wall Street on Wednesday. The U.S. Federal Reserve has indicated more rate hikes according to the minutes of its policy meeting. However, it did indicate the pace of the hikes could slow.

BABA

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Hong Kong Stock Exchange Stares At 5th Straight Decline In Quarterly Profit: Could Alibaba’s Primary Listing Be A Boon?

By Bhavik Nair

August 17, 12:04 AM

Hong Kong’s stock exchange is projected to post its fifth straight decline in quarterly profits as trading volumes slide and IPOs slow down, reported Bloomberg.

BABA

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Alibaba Gains, EV Stocks Lose Shine: Hong Kong Traders Keenly Await Tencent Earnings

By Bhavik Nair

August 16, 10:21 PM

Hong Kong’s Hang Seng index opened in the green on Wednesday, gaining 0.3% in morning trade as investors keenly await Tencent’s earnings, along with the New Zealand central bank rate decision.

BABA

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Why This Li Auto Analyst Is Rooting For A Rebound In Deliveries And Revenue In Q4

By Bhavik Nair

August 16, 7:02 AM

Chinese electric vehicle startup Li Auto Inc (NASDAQ: LI) will likely see a strong rebound in deliveries and revenue in the fourth quarter, thanks to the imminent launch of the L8 and L9 vehicle models, analyst Bo Pei of US Tiger Securities Inc said.

2 minute read

Alibaba Muted But Hong Kong Stocks Overall Show Momentum, Looking Past Weak China Economic Data

By Bhavik Nair

August 15, 11:17 PM

Hong Kong’s benchmark index Hang Seng index opened in the green on Tuesday, gaining 0.34%, seemingly moving past concerns related to underwhelming economic data reported a day earlier.

BABA

1 minute read

Bill Gates Lauds India’s PM Modi For Leading ‘Healthcare And Digital Transformation’

By Shanthi Rexaline

August 15, 4:25 AM

Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates took to Twitter to wish India and its Prime Minister Narendra Modi on the nation’s 75th year of independence from British rule.

MSFT

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Market Legend Rakesh Jhunjhunwala, Known As ‘India’s Warren Buffett,’ Dies At 62: Here Are Some Of His Ace Investments

By Bhavik Nair

August 15, 2:05 AM

Rakesh Jhunjhunwala, also known as "The Big Bull," has died at the age of 62, reportedly due to cardiac arrest on Sunday. The veteran investor, widely followed in India, had recently launched the country’s latest airline, Akasa Air.

BRK-A