Oddbean new post about | logout

Notes by Hong Kong Stock Market Surges as Tencent Gains, LI... | export

 China's Plan to Boost Hong Kong IPOs Faces Challenges Amidst Stock Market Surge
===============	
#133aea61 ver:0.87

China's plan to boost Hong Kong IPOs faces challenges amidst stock market surge. Hang Seng Index's best gain since 2011 attributed to positive corporate earnings and Chengdu's real estate policy change. Deal makers remain cautious due to low valuations and lack of big listings. Beijing aims to strengthen Hong Kong's role as a finance hub. #HongKong #IPOs #StockMarket #Finance...

#newstr #HongKong #StockMarket #HangSengIndex #EarningsOptimism #China'sPlanToBoostHongKongIpos 

 https://here.news/story/133aea61?ver=0.87 
 Hong Kong Exports Rebound Despite Sino-US Trade War
===============	
#133aea61 ver:0.84

Hong Kong exports rebounded in Q1 2023, rising 11.9% to HK$1.06 trillion, driven by increased exports to mainland China. However, exports to the US and Europe remained on a downward trend. The Hong Kong stock market also saw a prosperous morning, with the Hang Seng Index surging 1.7%. Tencent's stock price increased by 4.7%, while LI AUTO-W declined by 6.5%. SenseTime Group Inc's shares surged 36.1% after unveiling its AI platform. Hong Kong Exchanges and Clearing reported a 13% drop in Q1 profit. #HongKong #exports #stockmarket #SenseTime #AI...

#newstr #HongKong #MainlandChina #StockMarket #Tencent #LiAutow #Hkex #Sensetime #Exports #Imports #SinousTradeWar 

 https://here.news/story/133aea61?ver=0.84 
 Hong Kong and Mainland China Stocks Rise as Sentiment Improves
===============	
#133aea61 ver:0.83

Hong Kong and Mainland China stocks rise as sentiment improves. Hang Seng Index surges 1.7% and Tencent stock increases 4.7%. SenseTime shares halted after surging 36.1% on the unveiling of its AI platform. Shanghai Composite and H-shares also see gains. Hong Kong Exchanges and Clearing reports a 13% drop in Q1 profit. #HongKong #China #stocks #HangSeng #Tencent #SenseTime #ShanghaiComposite #HKEX...

#newstr #HongKong #MainlandChina #Stocks #MarketSentiment #Investment #Hsbc #Ubs 

 https://here.news/story/133aea61?ver=0.83 
 Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines
===============	
#133aea61 ver:0.79

The Hong Kong stock market experienced a prosperous morning, with the Hang Seng Index (HSI) surging 282 points or 1.7% to reach 16,506 at midday. The Hang Seng China Enterprises Index (HSCEI) also rose by 91 points or 1.6% to 5,838, while the Hang Seng Tech Index (HSTECH) climbed 63 points or 1.9% to 3,342. The total half-day turnover of the market amounted to $59.539 billion .

Tencent (00700.HK) saw a significant increase of 4.7% at midday. This surge in stock price can be attributed to the upcoming launch of its Dungeon & Fighter mobile game on May 21st. On the other hand, LI AUTO-W (02015.HK) experienced a decline of 6.5% in its share price, making it the worst-performing blue chip. This decline can be attributed to LI AUTO-W following Tesla's price cuts ....

#newstr #HongKong #StockMarket #Tencent #LiAutow 

 https://here.news/story/133aea61?ver=0.79