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Asia-Pacific Shares Mostly Higher on Upbeat China Trade Data


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Asia-Pacific Shares Mostly Higher on Upbeat China Trade DataChinese tech giants Alibaba and Tencent and Baidu all rose sharply on news that plans to extend a U.S. investment ban to the stocks had been scrapped.
Jan 14, 2021 01:28 PM GMT
The major Asia-Pacific shares finished mixed but mostly higher on Thursday as investors regionally reacted positively to strong Chinese trade data, while ignoring news of the first COVID-19 death in China in nine months. Investors also shrugged off U.S. President Donald Trump’s record impeachment and instead focused on reports that his replacement, Joe Biden, will lay out a new U.S. $2 trillion stimulus program later. ....

Hong Kong , Vivian Lin Thurston , National Health Commission , China Reports First , New England Journal , Kong Listed Alibaba , Tencent Shares , Wall Street Journal , William Blair Investment Management Vivian Lin , ஹாங் காங் , விவியன் லின் தர்ஸ்டன் , தேசிய ஆரோக்கியம் தரகு , சீனா அறிக்கைகள் முதல் , புதியது இங்கிலாந்து இதழ் , காங் பட்டியலிடப்பட்டுள்ளது அலிபாபா , சுவர் தெரு இதழ் , வில்லியம் பிளேயர் முதலீடு மேலாண்மை விவியன் லின் ,

Tech titans Alibaba, Tencent dive in Hong Kong on US ban fears | Money


Thursday, 07 Jan 2021 01:27 PM MYT
Ecommerce titan Alibaba sank more than four per cent and internet powerhouse Tencent shed 3.3 in morning trade after the Wall Street Journal said officials in multiple government departments were assessing the impact of an investment ban. Reuters pic
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HONG KONG, Jan 7 Shares in China’s two biggest companies Alibaba and Tencent tumbled in Hong Kong today in response to media reports that the Trump administration plans to press ahead with a ban on Americans investing in them.
Ecommerce titan Alibaba sank almost four per cent and internet powerhouse Tencent shed 4.7 in morning trade after ....

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