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The onshore yuan closed at 6.9813 against the U.S. dollar at 4:30 p.m. on January 6, down 7 basis points from the previous trading day.
The onshore yuan closed at 6.9813 against the U.S. dollar at 4:30 p.m. on January 6, down 7 basis points from the previous trading day.
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According to a regulatory order, an antitrust investigation in India found that Tata Steel, JSW Steel, the Steel Authority of India Limited (SAIL), and 25 other companies conspired to manipulate steel prices.
According to a regulatory order, an antitrust investigation in India has found that Tata Steel, JSW Steel, the Steel Authority of India Limited (SAIL), and 25 other companies conspired to manipulate s
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A regulatory order reveals that an antitrust investigation in India has found 56 executives to be responsible for alleged collusion in the steel industry.
A regulatory order reveals that an Indian antitrust investigation has found 56 executives to be responsible for alleged collusion in the steel industry.
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Chaoying Electronics: Investment Amount for High-End AI Computing PCB Expansion Project Revised to 3.315 Billion Yuan
Chaoying Electronics announced that the investment amount for the AI computing-grade printed circuit board capacity expansion project, funded by its wholly-owned subsidiary Dynamic Technology Manufact
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Federation of Automobile Dealers' Associations (FADA): Car retail sales in December rose 14.63% year-over-year.
Federation of Automobile Dealers' Associations (FADA): Car retail sales in December rose 14.63% year-over-year.
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Federation of Automobile Dealers' Associations (FADA): Vehicle retail sales totaled 2,028,821 units in December 2025.
Federation of Automobile Dealers' Associations (FADA): Vehicle retail sales totaled 2,028,821 units in December 2025.
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Federation of Automobile Dealers' Associations (FADA): Dealer sentiment remains firmly optimistic; our survey shows that 70.48% of dealers expect growth. The retail outlook for the next three months remains extremely optimistic.
Federation of Automobile Dealers' Associations (FADA): Dealer sentiment remains firmly optimistic; our survey shows that 70.48% of dealers expect growth. The retail outlook for the next three months r
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Alibaba's Qoder Upgrades Code Completion Feature, Boosting AI Code Adoption by 65%
On January 6, Alibaba’s Qoder launched a new intelligent code completion feature called NEXT. Qoder NEXT actively analyzes a user’s entire codebase and coding behavior. When a user modifies code, it i
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The healthcare sector of the Euro Stoxx 600 rose 0.8% in early trading, while the consumer discretionary sector fell 0.4%.
The healthcare sector of the Euro Stoxx 600 rose 0.8% in early trading, while the consumer discretionary sector fell 0.4%.
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WuXi AppTec: Shareholders have cumulatively sold no more than 2% of their holdings
WuXi AppTec announced that on January 5, 2026, the Company received a "Notice" from a shareholder controlled by the actual controller. As of January 5, 2026, the shareholder controlled by the actual c
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British food retailers rose, with Tesco up 2.4%, Sainsbury's up 1.8%, and Marks & Spencer up 1.1%.
British food retailers rose, with Tesco up 2.4%, Sainsbury's up 1.8%, and Marks & Spencer up 1.1%.
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Spain's composite PMI for December was 55.6, up from 55.1 in the previous month.
Spain's composite PMI for December was 55.6, up from 55.1 in the previous month.
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Spain's December services PMI came in at 57.1, compared with an expected 54.5 and a previous reading of 55.6.
Spain's December services PMI came in at 57.1, compared with an expected 54.5 and a previous reading of 55.6.
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The mining, financial, and energy sectors of the UK's FTSE 100 were all up more than 1% in early trading.
The mining, financial, and energy sectors of the UK's FTSE 100 were all up more than 1% in early trading.
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The Hang Seng Index closed up 363.21 points, or 1.38%, at 26,710.45 on Tuesday, January 6; The Hang Seng Tech Index closed up 83.63 points, or 1.46%, at 5,825.26 on Tuesday, January 6; The Hang Seng China Enterprises Index closed up 95.77 points, or 1.05%, at 9,244.24 on Tuesday, January 6; The Red Chip Index closed up 54.15 points, or 1.33%, at 4,140.89 on Tuesday, January 6.
The Hang Seng Index closed up 363.21 points, or 1.38%, at 26,710.45 on Tuesday, January 6; The Hang Seng Tech Index closed up 83.63 points, or 1.46%, at 5,825.26 on Tuesday, January 6; The Hang Seng C
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Turkey's main stock index, the BIST 100, rose 1.5%, while the main banking index gained more than 2%.
Turkey's main stock index, the BIST 100, rose 1.5%, while the main banking index gained more than 2%.
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Hang Seng Index The index closed up 1.38%, while the Hang Seng Tech Index rose 1.46%.Among the top-traded stocks, Alibaba-W fell 1.31%, Tencent Holdings. rose 1.28%, SMIC fell 1.18%, Xiaomi Group-W fell 1.47%, and Ping An of China rose 4.96%.
Hang Seng Index The index closed up 1.38%, while the Hang Seng Tech Index rose 1.46%.Among the top-traded stocks, Alibaba-W fell 1.31%, Tencent Holdings. rose 1.28%, SMIC fell 1.18%, Xiaomi Group-W fe
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Asian stock markets post record gains to start the year as capital flows shift to markets outside the U.S.
Asian stock markets have had their strongest start to a year on record, with regional currencies and bonds also strengthening as investors seek opportunities outside the United States. The MSCI Asia P
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STMicroelectronics shares rose 2.6%, leading gains on France's CAC 40 index.
STMicroelectronics shares rose 2.6%, leading gains on France's CAC 40 index.
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At the close of trading in Hong Kong, the Hang Seng Index rose 1.38%, while the Tech Index gained 1.46%. Most sectors in the broader market closed higher, with Chinese brokerage stocks, non-ferrous metal stocks, and insurance stocks leading the gains.China Merchants Securities (06099.HK) rose more than 12%, Chinalco International (02068.HK) rose more than 8%, and SenseTime (00020.HK) rose about 6%.
At the close of trading in Hong Kong, the Hang Seng Index rose 1.38%, while the Tech Index gained 1.46%. Most sectors in the broader market closed higher, with Chinese brokerage stocks, non-ferrous me
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The Euro Stoxx 600 and Spain's IBEX 35 hit record highs.
The Euro Stoxx 600 and Spain's IBEX 35 hit record highs.
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National Highway Traffic Safety Administration: Volkswagen Group of America, Inc. is recalling 356,649 vehicles in the United States. General Motors LLC is recalling 81,177 vehicles in the United States.
National Highway Traffic Safety Administration: Volkswagen Group of America, LLC is recalling 356,649 vehicles in the United States. General Motors LLC is recalling 81,177 vehicles in the United State
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Deutsche Bank's European shares rose 1%, pushing the stock price to its highest level since July 2011.
Deutsche Bank's European shares rose 1%, pushing the stock price to its highest level since July 2011.
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The German DAX 30 index opened up 25.29 points, or 0.10%, at 24,881.61 on Tuesday, January 6; The UK FTSE 100 index opened up 46.48 points, or 0.46%, at 10,051.05 on Tuesday, January 6; The French CAC 40 index opened down 1.24 points, or 0.02%, at 8,210.26 on Tuesday, January 6; The Euro Stoxx 50 index opened down 0.14 points, or 0.00%, at 5,923.55 on Tuesday, January 6; The Italian FTSE MIB index opened up 200.18 points, or 0.44%, at 46,047.50 on Tuesday, January 6; The Spanish IBEX 35 opened up 42.45 poi…
The German DAX 30 index opened 25.29 points higher on Tuesday, January 6, up 0.10%, at 24,881.61 points; The UK FTSE 100 index opened up 46.48 points, or 0.46%, at 10,051.05 on Tuesday, January 6; The
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CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
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Alluvium Asset Management: Alibaba's (BABA) Short-Term Capex Drag Creates a 30% Valuation Discount
Alluvium Asset Management stated in its Q2 2026 investor letter that Alibaba's free cash flow turned negative due to capital expenditures, but its maintainable earnings yield has increased to 7.7%, tr
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Authentic Brands Group, a licensor of brands like Elvis Presley and Reebok, is eyeing a public offering as early as the first half of next year
Authentic Brands Group, a licensor of brands like Elvis Presley and Reebok, is eyeing a public offering as early as the first half of next year
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China and Hong Kong stock traders hold low expectations for substantial results from the upcoming Xi-Trump meeting, placing the event on the back burner.
China and Hong Kong stock traders hold low expectations for substantial results from the upcoming Xi-Trump meeting, placing the event on the back burner.
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The Hang Seng Index is down 1.52% today, currently at 24,574.49.
The Hang Seng Index is down 1.52% today, currently at 24,574.49.
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Asian Stocks Mixed as Middle East Crisis Escalates: Hang Seng Falls 42 Points, KOSPI Jumps 1.4%
Hong Kong's Hang Seng Index fell 42 points to close at 25,274, with the Hang Seng China Enterprises Index dipping 0.34% and the Hang Seng Tech Index falling 0.76%. Mainland stocks gained, with the Sha
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LVMH sheds boom-time gains as luxury 'feelgood factor' fades, with investors doubting recovery
LVMH sheds boom-time gains as luxury 'feelgood factor' fades, with investors doubting recovery
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The Hang Seng Index rose 1.6% intraday, now at 25,616.24.
The Hang Seng Index rose 1.6% intraday, now at 25,616.24.
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Shore Capital Reiterates 'Sell' Rating on HSBC, Sees 13% Downside to 1,335p Target
Broker Shore Capital reiterated its 'sell' recommendation on HSBC Holdings PLC (LSE:HSBA, NYSE:HSBC), warning that the shares' "punchy valuation" more than reflects the bank's confident outlook. Analy
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NIO's vehicle gross margin remained at 18.5% in Q2, and non-GAAP operating profit has been positive for three consecutive quarters.
NIO announced on its Q2 2026 earnings call that its vehicle gross margin remained at 18.5% in the second quarter, despite continuous increases in raw material and chip costs. Non-GAAP operating profit
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First Eagle Global Fund stated in its Q2 2026 investor letter that ExxonMobil (XOM) performed better than expected due to increased production in Guyana and the Permian Basin, despite falling crude oil prices and business disruptions in the Middle East.
The fund continues to view ExxonMobil as a high-quality operator with strong capital discipline, an attractive portfolio of durable assets, and a commitment to shareholder returns. As of August 31, Ex
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Alibaba is down 4.02% intraday, now trading at $114.120.
Alibaba is down 4.02% intraday, now trading at $114.120.
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Sungrow Power Supply Co., Ltd. shares fell 8.4% after its first-half profit plunged by nearly one-third.
Shares of Sungrow Power Supply Co., one of the world's largest renewable energy equipment manufacturers, fell 8.4% in Shenzhen on Monday, reaching a new low in over a year. This brings the company's q
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UP Fintech, the parent company of Tiger Brokers, reported a 31.4% year-over-year increase in second-quarter revenue, reaching a record $182.3 million, as overseas expansion offset the impact of regulatory changes in mainland China.
UP Fintech Holding (parent company of Tiger Brokers) announced on Wednesday that its second-quarter revenue increased by 31.4% year-over-year to a record $182.3 million. However, net income attributab
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Neways' H1 revenue increased by 100.34% year-on-year to RMB 20.91 billion, and net profit increased by 90.98% to RMB 7.529 billion, but its stock price fell by over 2% the next day.
Xinyisheng released its semi-annual report for 2026 on the evening of August 24. The report showed that the company's operating revenue in the first half of the year reached RMB 20.91 billion, a year-
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The day after Alibaba announced an HKD 80 billion placement fully dedicated to AI, Joe Tsai and Eddie Wu collectively increased their stock holdings by HKD 120 million.
Alibaba Group Chairman Joe Tsai and CEO Eddie Wu, on the day after the company announced a new share placement plan of HKD 80 billion, collectively increased their personal holdings of Alibaba shares
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The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
The Hang Seng Index fell 1.51% during the day, now at 25,616.88.
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Alibaba fell 4.72% today, now trading at $122.820
Alibaba fell 4.72% today, now trading at $122.820
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POET Technologies (POET) receives an initial $50M Lumilens purchase order with $500M+ framework potential, leading 24/7 Wall St. to set a $21.14 BUY target, implying 124.89% upside.
The AI optical computing stock's Q2 FY26 revenue was $569,925, up 112.29% year-over-year but missing expectations by 17.58%. The company closed the quarter with approximately $796 million in cash and
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WuXi AppTec's stock price surged 100% to an all-time high, as investors bet on its continued core position in the global drug supply chain.
WuXi AppTec's stock price hit a record high last week, doubling its January level, despite the U.S. Pentagon listing it as a Chinese military company, which could lead some American clients to withdra
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Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
Lenovo Group Ltd. shares surged 19% after its quarterly revenue jumped 43%, widely beating analyst estimates and renewing optimism around AI-driven demand.
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HSBC shares surge to record high, with investors keenly awaiting earnings report for clues on capital returns and buybacks
The Asia-focused lender's stock rally to a record has set a high bar for its upcoming earnings. Investors are particularly focused on the results to see if they can sustain the rally, looking for deta
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SkyWest (SKYW) Executives Sold Stock for Three Consecutive Days, with Operations VP Greg Wooley Selling 17,726 Shares at $108.55 Each
SkyWest, Inc. (NASDAQ:SKYW) executives have sold company stock for three consecutive days, with Executive VP of Operations Greg Wooley selling 17,726 shares of common stock on July 30 at a weighted av
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Southern Fund's Double-Leveraged Hynix ETF rose more than 14%, and its Double-Leveraged Samsung Electronics ETF rose more than 11%
Svmuu News: According to data from MSX.COM, the Southern Double Long Hynix (07709.HK) rose more than 14%, and the Southern Double Long Samsung Electronics (07747.HK) rose more than 11%.
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Hong Kong and U.S. Stocks
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