Chinese stocks

2022 - 3 - 17

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Image courtesy of "BloombergQuint"

China Stocks Pare Early Losses on Speculation of Policy Easing (BloombergQuint)

(Bloomberg) -- Chinese stocks in Hong Kong retreated after a historic two-day surge as investors assessed the feasibility of Beijing's pledge to stabilize ...

Expectations that the People’s Bank of China would take more steps in the near term to spur the economy led to the recovery in the afternoon session, according to traders. “While markets wait for policy actions, there could be more ups and downs in stock prices. Beijing denies it has tacitly backed the invasion and has rejected U.S. reports that Russia asked China for financial and military assistance shortly after touching off the war, labeling them disinformation. Investors are also turning more hopeful that China will make adjustments to its Covid restrictions. The Hang Seng gauge of Chinese stocks surged 21% in the previous two sessions, the most since 1998, as authorities made a concerted effort to shore up confidence following a historic rout. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. “These are difficult times. (Bloomberg) -- Chinese stocks staged a late rebound in Friday’s session amid speculation that the central bank may soon ease monetary policy further following Beijing’s pledge to stabilize financial markets. (Bloomberg) -- Chinese stocks staged a late rebound in Friday’s session amid speculation that the central bank may soon ease monetary policy further following Beijing’s pledge to stabilize financial markets. Quint is a multiplatform, Indian business and financial news company. Friday’s trading caps another wild week for Chinese equities that saw investors dump shares in the first two days, not least because of the risk of new U.S. sanctions on the Asian nation due to its close ties with Russia. While Beijing’s vows to support markets spurred a stunning turnaround in the last two sessions, geopolitical concerns remain a key factor for investors. The Hang Seng China Enterprises Index, a gauge of Chinese firms listed in Hong Kong, ended down just 0.6% versus an earlier loss of as much as 3.6%. Financial and property stocks were among those that led the recovery.

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Image courtesy of "Bloomberg"

Chinese Stocks in U.S. Roar Back on State's Pro-Market Pledge (Bloomberg)

U.S.-listed Chinese stocks soared the most since at least 2001 after Beijing vowed to keep its stock market stable, halting a sharp selloff that saw the ...

Alibaba Group Holding Ltd. rallied 37% in its biggest gain since its trading debut in September 2014, adding $76.5 billion in market value -- and matching the amount it added on the day it started trading in New York. JD.com Inc. and Didi Global Inc. each gained at least 39%. The Nasdaq Golden Dragon China Index jumped 33% Wednesday after officials promised to ease a regulatory crackdown and support property and technology companies.

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As Chinese Stocks Surge, U.S. Signals Hard Line on Delistings (Bloomberg)

The U.S. accounting watchdog is insisting that Beijing provide complete access to audits of Chinese companies that trade in New York, setting a high bar for ...

The U.S. accounting watchdog is insisting that Beijing provide complete access to audits of Chinese companies that trade in New York, setting a high bar for any deal that allows the firms to maintain their American listings.

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Image courtesy of "Caixin Global"

Chinese Stocks in U.S. Roar Back on Government's Pro-Market ... (Caixin Global)

Chinese Stocks in U.S. Roar Back on Government's Pro-Market Pledge - Nasdaq Golden Dragon China Index surges 33% led by Alibaba, JD.com and Didi, ...

The Nasdaq Golden Dragon China Index jumped 33% Wednesday after officials promised to ease a regulatory crackdown and support property and technology companies. Alibaba Group Holding Ltd. rallied 37% in its biggest gain since its trading debut in September 2014, adding $76.5 billion in market value — and matching the amount it added on the day it started trading in New York. JD.com Inc. and Didi Global Inc. each gained at least 39%. (Bloomberg) — U.S.-traded Chinese stocks soared the most since at least 2001 after Beijing vowed to keep its stock market stable, halting a sharp sell-off in which the shares lost more than $200 billion in value in just three days.

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Are Chinese stocks a good buy for Indian investors? (Livemint)

Mirae Asset Mutual Fund launched its Hang Seng TECH Exchange Traded Fund (ETF) in December 2021, at the height of the bull market globally and in tech ...

Global diversification is an important part of a well-rounded portfolio and Chinese stocks are cheap by historic standards. I don’t think tech adoption is going anywhere and hence, Chinese tech stocks are likely to eventually recover. In terms of valuations, Chinese stocks are still not very cheap enough to buy," said Menaka Reddy, associate, Investment Research, Stockal, a fintech enabling Indians to invest in foreign stocks. However, experts are divided on whether the fall in Chinese stocks is indeed a large opportunity. “Chinese stocks corrected last week as the SEC in the US threatened to delist Chinese companies that don’t provide adequate visibility into accounting audits. Mirae Asset Mutual Fund launched its Hang Seng TECH Exchange Traded Fund (ETF) in December 2021, at the height of the bull market globally and in tech stocks in particular.

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Image courtesy of "Nikkei Asia"

Chinese stocks stage record rally as Beijing moves to calm markets (Nikkei Asia)

HONG KONG/NEW YORK -- Chinese stocks mounted a record rally Wednesday after Beijing said it would move to stabilize markets and the eco.

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Why Chinese Stocks Collapsed Again Today (Motley Fool)

Bloomberg reminds investors that -- yesterday's rally notwithstanding -- there's still a lot of risk in Chinese stocks.

And in general, China said it plans to be more "supportive" of its foreign-listed companies, says The Wall Street Journal. In China, Vice Premier Liu He announced his intention to ensure Chinese business regulations are more "transparent and predictable" in the future. Failing that, each of Alibaba, iQIYI, and Bilibili still face the prospect of being delisted from U.S. stock exchanges. And to be clear: Yes, I do believe that what we are seeing today is simple profit taking as investors cash in on yesterday's astounding run. As of 11:05 a.m. ET Thursday morning, Alibaba stock is down 8.3%, iQIYI has lost 14.6%, and Bilibili is down a solid 16%. Does anyone think that now might be a good time to take some profits?

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Image courtesy of "City Index"

Why Alibaba NIO and other Chinese stocks are surging higher today (City Index)

US-listed Chinese stocks are trading significantly higher in premarket trade today after the Chinese government pledged to support financial markets and ...

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China says it will support Chinese IPOs abroad, calls for closure on ... (CNBC)

China signaled support for Chinese stocks on Wednesday, after days of worries about U.S. delisting risks had sent the stocks plunging in New York and Hong ...

Worries about forced Chinese stock delistings from U.S. exchanges had added to investors' concerns about economic growth following a resurgence of Covid-19 and the Ukraine war. Investors began to worry specifically about U.S.-listed Chinese stocks after Beijing clamped down on Didi just days after its New York listing in late June. "China's top leaders finally broke the silence to respond to the recent market selloff," Larry Hu, chief China economist at Macquarie, said in a report. Chinese and U.S. regulators are progressing toward a cooperation plan on U.S.-listed Chinese stocks, state media said, citing a financial stability meeting Wednesday chaired by Vice Premier Liu He. - Chinese and U.S. regulators are progressing toward a cooperation plan on U.S.-listed Chinese stocks, state media said, citing a financial stability meeting Wednesday chaired by Vice Premier Liu He. - Days of worries about U.S. delisting risks, on top of existing concerns about economic growth, had sent Chinese stocks plunging in New York and Hong Kong.

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Image courtesy of "Barron's"

Alibaba and JD.com Head for Record Gains. What Sparked the ... (Barron's)

Chinese state-run news says the government will stabilize the stock market, which has endured a dramatic selloff, and boost economic growth.

E-commerce peer JD.com (JD) saw gains of 30% after the shares jumped more than 35% in Asian trading. Alibaba (ticker: BABA) stock soared more than 20% in U.S. trading, with its Hong Kong-listed shares tearing 27% higher. Shares in some of China’s largest companies notched eye-watering gains on Wednesday after news that the government would support the stock market, boost economic growth, and clear up a punishing regulatory environment.

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