Hang Seng TECH Index ETF
Asia-Pacific markets mostly fall as investors assess Japan’s trade data and Trump’s plans for Powell
Singapore stocks extend rally to hit fresh all-time highs Singapore’s 30-stock benchmark Straits Times Index extended its winning run for a ninth consecutive day, hitting a fresh all-time high of 4,154.13 earlier in the session. Stock Chart IconStock chart icon Straits Times Index Chinese and Hong Kong stocks rise in early trade Chinese and Hong […]
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Shares of Tencent-backed J&T Express drop in lackluster Hong Kong debut
Courier handing above package deal asking female consumer to do digital signature, providing, acquiring, efficiency 10’000 Hrs | Digitalvision | Getty Visuals Shares of Indonesia’s J&T Express fell 1.33% when it went community on Friday. The logistics assistance supplier traded at 11.84 Hong Kong pounds ($1.51) on Friday early morning, soon after opening at HK$12. […]
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Hong Kong shares enter bear marketplace territory as China reopening optimism carries on to fade
Folks wearing facial area masks crossing a road at Hong Kong’s Wan Chai district on Feb. 16, 2021. Zhang Wei | China Information Service | Getty Images Hong Kong’s benchmark index entered bear market place territory Wednesday on an intraday basis, erasing the rebound gains from China’s reopening. The Hold Seng index strike a session […]
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From recovery to regulation: How China’s tech giants could fare in 2023 after a bruising year
Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. But investors are starting to feel slightly more optimistic toward Chinese tech giants in 2023. Jakub Porzycki | Nurphoto | Getty Images It’s been another rough year for China’s tech stocks. […]
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Asia-Pacific marketplaces generally better following Powell’s most recent comments on inflation
A inventory broker at the Prudential Brokerage business follows the Hold Seng Index final results in Hong Kong in March 2020. Sopa Visuals | Lightrocket | Getty Illustrations or photos China is slated to release its August inflation information, which is anticipated to have picked up from July. “China’s weak progress outlook and accommodative monetary […]
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Asia-Pacific marketplaces trade greater following Wall Street’s rebound rally
Goldman Sachs raises Fed hike forecasts for this calendar year Goldman Sachs revised its forecasts for approaching Federal Reserve rate selections 12 months. Analysts led by main economist Jan Hatzius explained in a take note that the business expects a 75-basis-place hike in September, up from a earlier forecast of 50 basis factors, as properly […]
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Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record
Chinese e-commerce giant JD.com posted its slowest quarterly revenue growth on record for the first three months of the year, as Covid-19 lockdowns in the world’s second-largest economy weighed on consumer spending. JD.com beat estimates on revenue but missed expectations on profit. Here’s how JD did in the first quarter of 2022, versus Refinitiv consensus […]
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