Futures Jump, Yields And Dollar Slide After Gundlach Says He's A "Buyer" Of Treasuries

Futures Jump, Yields And Dollar Slide After Gundlach Says He's A "Buyer" Of Treasuries US equity futures and European stocks staged a solid rebound after the recent rout which saw the...

Meituan Dianping PT Raised to HK$260 at JPMorgan

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Asia markets drop as investors weigh concerns over Fed hikes; China cuts benchmark lending rates

Shares in the Asia-Pacific region fell on Monday as concerns over aggressive Fed hikes reemerged. Chinese markets fell after China cut its benchmark lending rates. China is the world's...

Tencent suffers first ever drop in quarterly revenue

Tencent suffers first ever drop in quarterly revenue. China's gaming giant has reported double-digit growth almost every quarter since it went public in 2004. Tencent plans to sell all or a bulk...

Dow Jones Newswires: Chinese tech stocks fall after Beijing fines Alibaba, Tencent

Shares of Chinese tech giants fell in Hong Kong on Monday. Beijing fined some of the country's largest internet companies for failing to make proper antitrust declarations on previous deals....

Alibaba and JD.com stocks rally on hopes tech crackdown may be over

Alibaba ( was up 1.9% on Tuesday, following a 5% gain on Monday.JD.com ( climbed 3%, after rising 4.7% the previous day. TikTok's rival Kuaishou advanced 1.2% onTuesday, adding to a 5.1% increase...

Airbnb to shut domestic business in China from July 30

Airbnb will shut down all listings and experiences in mainland China from July 30. It joins a long list of Western internet platforms that have opted out of the Chinese market. The company made...

Asia-Pacific stocks set for lower start following tumble on Wall Street

Hong Kong's Hang Seng index led losses regionally, falling 2.72% in morning trade. Shares of Chinese tech behemoth Tencent plunged 7.55% after reporting that its quarterly profit halved. Other...

Asia Pacific stocks set to rise as investors wait for China economic data

China's economic data for April missed expectations, hurt by strict Covid limits in parts of the country. Markets in Singapore, Malaysia, Indonesia and Thailand are closed for a holiday. Tech...

Asia technology stocks slide as markets in Hong Kong and Taiwan fall more than 2%

U.S. consumer price index surged 8.3% in April as compared with a year ago. In Hong Kong, the Hang Seng Tech index traded 3.96% lower. Shares of Alibaba dropped more than 6% while Meituan shed...

Asia-Pacific stocks slip ahead of China, U.S. inflation data

China's producer price index for April rose 8% year-on-year, higher than expectations for a 7.7% increase. U.S. April consumer price index is also set to be released Wednesday stateside, and is...

Technology stocks in Asia-Pacific slip; 10-year U.S. Treasury yield surges

Shares in the broader Asia-Pacific markets slipped in Wednesday trade. The 10-year Treasury rose to its highest level since May 2019 on Tuesday. In Japan, shares of SoftBank Group shed 2.49%....

Tencent, Alibaba, Meituan Extend Stunning Surge as Traders Cheer Support Vows

Hong Kong tumbles more than 3%, leading losses in Asia as Chinese tech stocks drop

Hong Kong's Hang Seng index led losses regionally, falling 3.76%. Tencent dropped 6.23%, Alibaba slipped 7.96% and Meituan plunged 11.37%. U.S. Treasury Secretary Janet Yellen warned Thursday that...

Fresh fears over Beijing regulatory crackdown drive China tech rout

Chinese authorities have told state-owned firms and banks to launch a fresh round of checks on their financial exposure. Concerns that the worst is not yet over for the companies after more than a...

Chinese Tech Stocks Drop to New Crackdown Lows, Led by Alibaba

Chinese technology stocks dropped for a third straight session amid fresh worries over Beijing’s regulatory plans for the sector. Chinese Tech Stocks Drop to New Crackdown Lows, Led by Alibaba....

Starbucks teams up with Meituan for coffee delivery in China

The coffee chain announced Tuesday that it has teamed up with the popular food delivery app to roll out new offerings for customers in China. Consumers in mainland China will be able to place...

Starbucks expands delivery services in China with Meituan tie-up

Starbucks said on Tuesday it has entered into a partnership with China's Meituan that will allow its Chinese customers to order coffee delivery via the super-app's platform. The move will expand...

Chinese Technology Stocks Jump as Cheap Valuation Lures Buyers

A gauge of Chinese technology shares rallied by the most in three months. Investors took advantage of attractive valuations in the battered sector and prospect of looser monetary policy...

Tech stocks in Hong Kong surge in shortened trading day for multiple Asia-Pacific markets

Tech stocks in Hong Kong surge in shortened trading day for multiple Asia-Pacific markets. China's factory activity saw an acceleration in growth during December. Markets in Australia, Hong Kong...

China Unveils Sweeping Rules for Foreign IPOs in Didi’s Wake

China unveils new rules for foreign IPOs in wake of Didi Global Inc. scandal. New rules aim to make it easier for Chinese companies to list overseas. The new rules are expected to be in place by...

Japan's Nikkei 225 leads gains as Asia stocks rise after S&P 500 closes at new record overnight

Japan's Nikkei 225 leads gains as Asia stocks rise after S&P 500 closes at new record overnight. Chinese tech stocks in Hong Kong largely fell following a Financial Times report that Didi has...

JD.com tanks after Tencent says it will give away most of its stake in e-commerce giant to shareholders

Tencent announced it will be giving most of its shares in the Chinese e-commerce giant away to its shareholders. Beijing has been cracking down on China's domestic tech sector for months. Blue...

Asia-Pacific markets trade mixed as investors assess omicron risks

The Nikkei 225 in Japan declined 0.22% while the Topix index fell 0.33%. In Australia, the ASX 200 traded flat but the energy and materials subindexes were down 0.7% and 0.36%. The World Health...

This is how to play China's tech crackdown and these are the potential winners, according to one investor

Bruce Liu, CEO of Esoterica Capital, said investors should take an approach that syncs with China's goals. He said e-commerce company Pinduoduo, short video app Kuaishou and food delivery service...

China's 5 big tech issues for 2022

China's technology sector has taken a wild ride over the past year, facing tighter regulations and a push from Beijing for greater self-sufficiency. Beijing is pushing the development of...

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