SINGAPORE — Shares in Asia-Pacific fell in Friday trade following overnight losses on Wall Street as a private survey showed Chinese manufacturing activity shrank in March. Chinese tech stocks in Hong Kong saw sizable losses, with Alibaba falling 3.93% and Baidu plunging 6.01%. JD.com shed 3.25% while Meituan slipped 1.03%. The Hang Seng Tech index […]
SINGAPORE — Stocks across Asia-Pacific rose, following a tumble in oil prices overnight. Bitcoin meanwhile surged past a key level, and the yen continued to weaken. Hong Kong’s Hang Seng index jumped 0.45%, as casino and tech stocks rose. Among the biggest gainers was JD Health, which soared nearly 16%, after it said Monday it […]
A view of the Evergrande Changqing community on Sept. 24, 2021, in Wuhan, Hubei Province, China. Getty Images | Getty Images News | Getty Images A slew of Chinese real estate developers said this week that they are either not able to release their financial results on time or have yet to set board meetings […]
SINGAPORE — Shares in Asia-Pacific rose in Thursday trade as the Chinese markets continue to extend gains from a rebound, while the US Federal Reserve announced its first rate hike in more than three years. Hong Kong’s Hang Seng index led gains among the region’s major markets, surging 7.04% to close at 21,501.23 and erasing […]
SINGAPORE — Shares in Asia-Pacific rose in Thursday trade as the Chinese markets continue to extend gains from a rebound, while the US Federal Reserve announced its first rate hike in more than three years. Hong Kong’s Hang Seng index led gains among the region’s major markets, surging 6.36% in afternoon trade and erasing heavy […]
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