Hong Kong and U.S. Stocks
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In the week ending January 2, the EIA reported a refinery utilization rate of 94.7% in the United States, compared with an expected 94.8% and a previous reading of 94.7%.
In the week ending January 2, the EIA reported a refinery utilization rate of 94.7% in the United States, compared with an expected rate of 94.8% and a previous reading of 94.7%.
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EIA data for the week ending January 2 shows distillate fuel demand at 4.7229 million barrels per day, down from the previous reading of 4.806 million barrels per day.
EIA data for the week ending January 2 shows distillate fuel demand at 4.7229 million barrels per day, down from the previous reading of 4.806 million barrels per day.
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UK Ministry of Defence: The UK provided assistance at the request of the United States.
UK Ministry of Defence: The UK provided assistance at the request of the United States.
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UK Ministry of Defence: The UK is providing aerial surveillance support.
UK Ministry of Defence: The UK is providing aerial surveillance support.
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Intel The gain has widened to 10%, with the price currently at $44.25, hitting a one-year high.
Intel The gain has widened to 10%, with the price currently at $44.25, hitting a one-year high.
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Intel (INTC.O) rose more than 10%, marking its largest intraday gain since September 18 of last year.
Intel (INTC.O) rose more than 10%, marking its largest intraday gain since September 18 of last year.
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Bitcoin With the price falling back to $91,000, cryptocurrency-related stocks came under pressure, with BMNR down more than 6%, Circle. down more than 4%, Coinbase. down more than 3%, and Robinhood down more than 2%.
Bitcoin With the price falling back to $91,000, cryptocurrency-related stocks came under pressure, with BMNR down more than 6%, Circle. down more than 4%, Coinbase. down more than 3%, and Robinhood do
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U.S. job openings drop to a one-year low as employers adopt a more cautious hiring stance
U.S. job openings fell to their lowest level in more than a year in November, and hiring activity slowed, indicating that employers are becoming increasingly cautious. Data released Wednesday by the U
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The U.S. Dollar Index (DXY) has fallen 10 points in the short term and is currently trading at 98.53.
The U.S. Dollar Index (DXY) has fallen 10 points in the short term and is currently trading at 98.53.
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Bridgewater Associates has appointed Bob Prince as its new chairman of the board.
Bridgewater Associates has appointed Bob Prince as its new chairman of the board.
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Holiday demand and year-end events drive strong growth in the U.S. service sector at the end of the year
According to the latest ISM Services PMI report, U.S. purchasing and supply executives indicated that economic activity in the services sector continued to expand in December. The Services PMI registe
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The vessel flying the Russian flag has now been taken into custody by the U.S. Coast Guard, and U.S. military personnel have evacuated the ship.
The vessel flying the Russian flag has now been taken into custody by the U.S. Coast Guard, and U.S. military personnel have evacuated the ship.
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The Iraqi Cabinet has approved the Basra Oil Company's takeover of operations at the West Qurnah-2 oil field.
The Iraqi Cabinet has approved the Basra Oil Company's takeover of operations at the West Qurnah-2 oil field.
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U.S. House Speaker Johnson will travel to the United Kingdom on January 20 to address the British Parliament.
U.S. House Speaker Johnson will travel to the United Kingdom on January 20 to address the British Parliament.
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White House Deputy Chief of Staff Miller: The only offshore energy transportation permitted will be that which complies with U.S. law and national security requirements.
White House Deputy Chief of Staff Miller: The only maritime energy transportation that will be permitted is that which complies with U.S. law and national security requirements.
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The U.S. Global Supply Chain Stress Index for December was 0.51, compared with the previous reading of -0.16.
The U.S. Global Supply Chain Stress Index for December was 0.51, compared with the previous reading of -0.16.
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Russian Ministry of Transport: No country has the right to use force against vessels legally registered under the jurisdiction of another country.
Russian Ministry of Transport: No country has the right to use force against vessels legally registered under the jurisdiction of another country.
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U.S. factory orders fell 1.3% month-over-month in October, compared with an expected decline of 1.2% and a previous increase of 0.20%.
U.S. factory orders fell 1.3% month-over-month in October, compared with an expected decline of 1.2% and a previous increase of 0.20%.
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Canada's seasonally adjusted Ivey PMI for December was 51.9, up from 48.4.
Canada's seasonally adjusted Ivey PMI for December was 51.9, up from 48.4.
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Canada's unadjusted Ivey PMI for December was 43.3, down from 44.5.
Canada's unadjusted Ivey PMI for December was 43.3, down from 44.5 in the previous month.
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The U.S. ISM Non-Manufacturing New Orders Index for December was 57.9, compared with an expected 52.6 and a previous reading of 52.9.
The U.S. ISM Non-Manufacturing New Orders Index for December was 57.9, compared with an expected 52.6 and a previous reading of 52.9.
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The U.S. ISM Non-Manufacturing Employment Index for December was 52, compared with an expected 49 and a previous reading of 48.9.
The U.S. ISM Non-Manufacturing Employment Index for December was 52, compared with an expected 49 and a previous reading of 48.9.
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The U.S. ISM Non-Manufacturing Price Index for December was 64.3, compared with an expected 64.9 and a previous reading of 65.4.
The U.S. ISM Non-Manufacturing Prices Index for December was 64.3, compared with an expected 64.9 and a previous reading of 65.4.
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The U.S. ISM Non-Manufacturing PMI for December came in at 54.4, compared with an expected 52.3 and a previous reading of 52.6.
The U.S. ISM Non-Manufacturing PMI for December came in at 54.4, compared with an expected 52.3 and a previous reading of 52.6.
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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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Data: Foreign capital outflows from the South Korean stock market have exceeded $100 billion since 2026
Svmuu News: Since early 2026, foreign investors have withdrawn a cumulative total of more than $100 billion from the South Korean stock market. (Coin Bureau)
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