Hong Kong and U.S. Stocks
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U.S. Vice President Vance: I hope the Iranians take Thursday's talks seriously. (Fox News)
U.S. Vice President Vance: I hope the Iranians take Thursday's talks seriously. (Fox News)
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Amid tensions in Iran, Saudi oil exports have surged to a three-year high
This month, Saudi Arabia’s oil exports from its ports are expected to reach their highest level in nearly three years. Meanwhile, crude oil traders are closely monitoring tensions between the U.S. and
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EU Competition Commissioner Ribera: Reaching a competition agreement with the UK marks a strengthening of our partnership.
EU Competition Commissioner Ribera: Reaching a competition agreement with the UK marks a strengthening of our partnership.
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Federal Reserve Balkin: Artificial intelligence will also provide workers with opportunities to take on more skilled jobs.
Federal Reserve Balkin: Artificial intelligence will also provide workers with opportunities to take on more skilled jobs.
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U.S. Energy Information Administration (EIA): U.S. crude oil imports from Venezuela rose last week to their highest level since January 2025.
U.S. Energy Information Administration (EIA): U.S. crude oil imports from Venezuela rose last week to their highest level since January 2025.
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Israeli Prime Minister Netanyahu: Israel will become part of the Indo-European Corridor.
Israeli Prime Minister Netanyahu: Israel will become part of the Indo-European Corridor.
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Federal Reserve When discussing artificial intelligence, Barkin said we shouldn’t jump to the conclusion that people will be replaced.
Federal Reserve When discussing artificial intelligence, Barkin said we shouldn’t jump to the conclusion that people will be replaced.
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Nasdaq The China Golden Dragon Index has recently fallen by 1%, with XPeng (XPEV.N) down more than 3% and NIU (NIU.O) and ZTO Express (ZTO.N) down more than 2%.
Nasdaq The China Golden Dragon Index has recently fallen by 1%, with XPeng (XPEV.N) down more than 3% and NIU (NIU.O) and ZTO Express (ZTO.N) down more than 2%.
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Venezuela sold gold last year due to a severe shortage of U.S. dollars
Data from the Venezuelan Central Bank’s website shows that the bank sold nearly 6 tons of gold in the second half of last year, as the country faced a severe shortage of U.S. dollars due to U.S. restr
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U.S. Treasury Secretary Bessent: The Treasury Department will continue to pressure Iran over the arms issue.
U.S. Treasury Secretary Bessent: The Treasury Department will continue to pressure Iran over the arms issue.
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Institute of International Finance: Global debt reached a record $348 trillion in 2025, following an annual increase of $29 trillion.
Institute of International Finance: Global debt reached a record $348 trillion in 2025, following an annual increase of $29 trillion.
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Tech stocks rose ahead of NVIDIA's earnings report, and the S&P 500 index edged higher
U.S. stocks rose on Wednesday as NVIDIA, the S&P 500’s most heavily weighted stock, gained ahead of its after-hours earnings report. Five of the S&P 500’s 11 sectors advanced, with technology, communi
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The U.S. has released a new list of sanctions targeting Iran
On February 25 local time, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated its “List of Specially Designated Nationals,” imposing sanctions on several individuals
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For the week ending February 20, the increase in U.S. EIA crude oil inventories was the largest since the week ending February 10, 2023; U.S. commercial crude oil inventories, excluding strategic reserves, for the week ending February 20 were the highest since the week ending May 30, 2025.
For the week ending February 20, the increase in U.S. EIA crude oil inventories was the largest since the week ending February 10, 2023; for the week ending February 20, U.S. commercial crude oil inve
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U.S. EIA crude oil production data for the week ending February 20 showed an estimated output of 18.077 million barrels per day, down from the previous reading of 21.547 million barrels per day.
U.S. EIA crude oil production data for the week ending February 20 showed an estimated output of 18.077 million barrels per day, down from the previous reading of 21.547 million barrels per day.
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U.S. EIA refined oil inventories for the week ending February 20 stood at 252,000 barrels, compared with an expected decline of 1.594 million barrels and a previous decline of 4.566 million barrels.
U.S. EIA refined oil inventories for the week ending February 20 stood at 252,000 barrels, compared with an expected decline of 1.594 million barrels and a previous decline of 4.566 million barrels.
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According to the EIA, U.S. refined oil product imports for the week ending February 20 were 578,000 barrels per day, compared with 133,000 barrels per day in the previous week.
According to the EIA, U.S. refined product imports for the week ending February 20 were 578,000 barrels per day, compared with 133,000 barrels per day in the previous week.
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U.S. EIA refined oil production for the week ending February 20 was -136,000 barrels per day, compared with the previous figure of 28,000 barrels per day.
U.S. EIA refined oil production for the week ending February 20 was -136,000 barrels per day, compared with the previous figure of 28,000 barrels per day.
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U.S. EIA crude oil imports for the week ending February 20 were 412,000 barrels, compared with the previous figure of -1,132,000 barrels.
U.S. EIA crude oil imports for the week ending February 20 were 412,000 barrels, compared with the previous figure of -1,132,000 barrels.
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U.S. EIA heating oil inventories for the week ending February 20 fell by 119,000 barrels, compared with a previous increase of 362,000 barrels.
U.S. EIA heating oil inventories for the week ending February 20 fell by 119,000 barrels, compared with a previous increase of 362,000 barrels.
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U.S. EIA Strategic Petroleum Reserve stocks for the week ending February 20 were 0 million barrels, compared with the previous reading of 229,000 barrels.
U.S. EIA Strategic Petroleum Reserve stocks for the week ending February 20 were 0 million barrels, compared with the previous reading of 229,000 barrels.
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In the week ending February 20, the EIA reported that refinery capacity utilization in the United States stood at 88.6%, compared with an expected 91.4% and a prior reading of 91%.
In the week ending February 20, the EIA reported that refinery capacity utilization in the United States stood at 88.6%, compared with an expected 91.4% and a previous reading of 91%.
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Dell has unveiled an outdoor server designed for Cloud RAN and edge AI, marking the first liquid-cooled outdoor server of its kind.
The PowerEdge XR9700 features a fully enclosed, weatherproof design (IP66-rated) that enables stable operation in extreme temperatures ranging from -40°C to 46°C and withstands direct sunlight. The de
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Israeli Prime Minister Netanyahu: "Alliances multiply our individual strength."
Israeli Prime Minister Netanyahu: "Alliances multiply our individual strength."
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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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The lock-up period for Zhipu’s cornerstone shares is nearing its end, and nearly 70% of the cornerstone shares set to be released have received commitments from institutional investors to continue holding them.
Svmuu News, July 7: As the lock-up period for cornerstone investors in Hong Kong-listed Zhipu nears its end, several institutional investors have explicitly stated that they remain optimistic about th
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Hong Kong and U.S. Stocks
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