Alibaba, Nio Down Nearly 1%: Hang Seng Mirrors Wall Street Weakness Amid Red-Hot Japan Inflation
Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing 0.39%, after U.S.
Alibaba, Nio Soar: Hang Seng Jumps Over 2% As Wall Street Cheers Upbeat Consumer Confidence Reading
Hong Kong stocks soared in early morning trade on Thursday, with the benchmark Hang Seng rising over 2%, as investors and traders cheered U.S. consumer confidence data surging to an eight-month high in December following a drop in inflation and the labor market remaining strong.
Alibaba, Nio Rise: Hang Seng Rises On Wall Street Cues, City Chief John Lee Gears Up For Beijing Visit
Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng trading 0.3% higher. The city’s Chief Executive John Lee is set to travel to Beijing from Dec.
Alibaba, Nio Drop Over 2%: Hang Seng Opens Weaker As Wall Street ‘Santa Claus’ Rally Remains Elusive
Hong Kong stocks opened in the red on Tuesday morning with the benchmark Hang Seng losing 0.93% in morning trade as mounting fears of a recession are overshadowing hopes of a "Santa Claus" rally, generally seen dur
3 Consumer Staples Stocks Paying Solid Dividends May Protect Your Portfolio During Downturn
During times of recession or high inflation, people will still need to purchase everyday necessities such as food, cleaning supplies, and hygiene products.
Why Fitch Ratings Says Macau’s Gaming Industry Is Likely To See ‘Strong Pent-Up Demand’
On CNBC, Colin Mansfield of Fitch Ratings said Macau’s gaming industry is expected to see a "strong level of pent-up demand" amid the lifting of some travel-related covid-19 restrictions.
Rich Chinese Individuals Reportedly Cut Down Domestic Holdings, Look At US Markets To Manage Risks At Home
Wealthy Chinese individuals are reportedly cutting down their holdings of local securities and are increasingly considering assets in the U.S.
Alibaba Up 3%, Nio Down 2%: Hang Seng Opens Higher As China Economic Optimism Outweighs COVID-19 Surge
Hong Kong stocks opened in the green on Monday, with the benchmark Hang Seng rising 0.5% in morning trade on the back of China’s top leaders commenting they will focus on boosting the economy next year.
US Audit Agency Secures Complete Access to Inspect, Investigate Chinese Firms for First Time In History
The U.S. accounting agency, Public Company Accounting Oversight Board (PCAOB), said it has full access to inspect and investigate firms…
Alibaba, JD, Tech Peers Fall: Hang Seng Opens Lower On Weak Wall Street Cues As Recession Fears Grow
Hong Kong stocks opened weaker on Friday, with the benchmark Hang Seng losing 1% on overnight cues from Wall Street. Fears over recession gained momentum after U.S.