Yum China stocks gained driven by BlackRock stock purchase, recovery outlook in China
Shares of Yum China gained 3.4% to close at HK$449 in Hong Kong. BlackRock, Inc spent HK$1.304 billion bought 2.99 million shares of Yum China …
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Shares of Chinese automakers are rallying on strong passenger car sales last week
Xpeng Motors is surging 11.5%, Nio and Li Auto gaining about 5%, Leapmotor and Great Wall Motors up more than 3%. Data released by the …
Chinese internet companies rally after authority reiterated policy supportÂ
The Hang Seng Tech Index jumped as much as 5% at one point before paring gains to 4.4% as of 11:04 am local time. Bilibili is jumping 11%, JD.com up 6.6%, Kuaishou, Meituan and Baidu up more than 6%, Alibaba gaining 5.2% and Tencent up over 4%.Â
Chinese property developer jump after policymakers expressed more support to real estate sector
Chinese property developer stage a strong rally after the PBOC and the top securities regulator reiterated support to the sector. Ronshine China is jumping 20% as of 11:11 am local time in Hong Kong Logan Group up nearly 10%, CIFI Holdings up more than 6%.
Hong Kong stocks, A-shares closed lower on Tue, mainland property developers tumbled
The Hang Seng Index fell 1.3% to close at 19,094, the Hang Seng China Enterprises Index down 2% and the Hang Seng Tech Index tumbled by 3.1%.
In the A-share market, the Shanghai Composite Index fell 1.07% to close at 3,073, the Shenzhen Component Index sliding 1.6% and the tech-heavy Chinext Price Index down 1.5%.
Chinese property developers see sell-offs, more than 10 firms hit limit-down
Shares of Chinese property developers see a sell-off on Tutesday, with an index tracking the sector compiled by Wind Information, closed down 3.2%, making it one of the worst-performing sectors in the A-share market.
Chinese lithium mining companies trade lower as lithium prices hit one-month lowÂ
Tianqi Lithium slid as much as 5.8% in Hong Kong, before paring loss to 4.6%, while its Shenzhen-traded shares are sliding nearly 4% down.
Shares of Chinese express delivery companies decline after reporting lower data for Nov due to Covid outbreaks
Shares of SF Holdings down 2.2% in Shenzhen, Deppon Logistics down 1.9%, YTO Express down 1.4%, Yunda down more than 1%.