Page 4 - Linus Yip News Today

China’s tech stocks fell once again on Wednesday as firms backed by Tencent Holdings Ltd. came under pressure after it pared investment in the cohort for a second time in two weeks. The Hang Seng Tech Index fell 4.6 percent— the most since July—in a third straight day of declines,…

Tencent Holdings said it would distribute most of its shares in JD.com as a special dividend to investors, as China’s dominant social media network made a surprise move to pare back its stake in the country’s second-largest e-commerce platform in response to Beijing’s antitrust demands.

Australian shares are set to lift slightly as Wall Street rose but investors continued to be concerned about the surging omicron variant, with the UK reporting 100,000 cases.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

JD Logistics, the logistics arm of Chinese mainland e-commerce giant JD, is likely to raise HK$24.1 billion ($3.1 billion) from its initial public offering in Hong Kong after pricing its shares at the lower half of an indicative range.

by Tyler Durden Wednesday, May 26, 2021 - 07:52 AM US equity futures rose on Wednesday, rebounding from a modest dip  the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session. At 7:15 a.m. ET, Dow e-minis were up 82 points, or 0.24%, S&P 500 e-minis were up 14 points, or 0.33%, and Nasdaq 100 e-minis were up 51.25 points, or 0.38%. Treasuri...

(Bloomberg) -- A rally in consumer and financial shares helped propel China’s stock benchmark toward its highest level in more than two months, amid signs of rising investor risk appetite and easing inflation concerns. The CSI 300 Index rose 2.

* HK->Shanghai Connect daily quota used 100%, Shanghai->HK daily quota used 2.3% * FTSE China A50 -0.3% SHANGHAI, May 18 (Reuters) - Hong Kong stocks climbed for a third straight session on Tuesday, buoyed by gains in shares of energy and telecommunications firms. ** The Hang Seng index rose 1.3% to 28,545.20, while the Hong Kong China Enterprises Index gained 1.2% to 10,632.05. Both were poised for a third straight session of gains. ** Leading the gains, the Hang Seng energy index and the Hang...

The Straits Times Existing-home prices of certain popular projects in Shanghai surged more than 30 per cent last year.PHOTO: EPA-EFE PublishedMar 2, 2021, 2:23 pm SGT https://str.sg/JV7u They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access t...

China ‘worried’ about bubbles in property, foreign markets 2 min. 02.03.2021 Regulators are watching capital inflows into China Beijings central business district Photo credit: AFP China’s top banking regulator said he’s “very worried” about risks emerging from bubbles in global financial markets and the nation’s property sector, sparking fresh concerns about further tightening in the world’s second-biggest economy. Stocks drop...