What happened
Shares of DiDi Global (NYSE: DIDI), Alibaba (NYSE: BABA), and NetEase (NASDAQ: NTES) were all rising today on no company-specific news. All of these China-based companies are likely seeing their share prices jump today after a major sell-off of Chinese tech stocks
Alibaba (NYSE: BABA) and Baozun (NASDAQ: BZUN) are two of China's most important e-commerce companies, but the former is more widely recognized than the latter. That's because Alibaba's online marketplaces serve mainstream consumers, while Baozun operates behind the scenes.
Stock Futures Trade Sideways Ahead Of Fed DecisionU.S. stock futures were mixed after the major benchmarks pulled back from record highs, ending a five-day winning streak. No doubt, the recent Chinese regulatory crackdowns have been weighing on the stock market. Alphabet (NASDAQ:
Hong Kong's buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, dealmakers said.
International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China's top tech stocks and began to seep into currency and debt markets.
A sell-off in Chinese shares overnight in Asia extended the rout in U.S. markets on Tuesday, with a gap in volatility indexes signaling further weakness ahead, as tighter government regulations in China led investors to dump holdings.
International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China's top tech stocks and began to seep into currency and debt markets.
What happened
Shares of Chinese tech stocks were falling for the third session in a row Tuesday in the ongoing fallout from the Chinese government's crackdown on the for-profit education sector.
International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China's top tech stocks and began to seep into currency and debt markets.
Tuesday morning was a tough time on Wall Street as market participants focused on the negatives among stocks. Between concerns about the sustainability of macroeconomic growth, and uncertainty regarding the future of monetary and fiscal policy, investors chose to sell first and a
U.S. stock indexes retreated from record highs on Tuesday, with the Nasdaq tumbling as much as 2.1% as caution kicked in ahead of earnings reports from some of the most valuable technology companies on Wall Street.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
Sea Limited (NYSE: SE) and Coupang (NYSE: CPNG) are two of the fastest growing e-commerce companies in Asia. Sea owns Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, while Coupang owns the largest online marketplace in South Korea.
U.S. stock indexes retreated from record highs on Tuesday ahead of earnings reports from the most valuable companies on Wall Street and in the run-up to the two-day Federal Reserve meeting.
The NASDAQ 100 Pre-Market Indicator is up 3.27 to 15,129.22. The total Pre-Market volume is currently 24,510,214 shares traded.The following are the most active stocks for the pre-market session: New Oriental Education & Technology Group, Inc. (EDU) is +0.13 at $2.07, with 9
U.S. stock indexes were set to open flat on Tuesday ahead of earnings reports from the most valuable companies on Wall Street and in the run-up to the two-day Federal Reserve meeting.
U.S. stock index futures fell on Tuesday ahead of earnings reports from the most valuable companies on Wall Street and in the run-up to the two-day Federal Reserve meeting.
China's move to ban private tutoring firms from making a profit from teaching core school subjects and raising capital is set to trigger a scramble among venture and private equity investors to find an exit after pouring billions of dollars into the sector.
All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.
The S&P 500 edged higher and eked out another record closing high on Monday, bolstered by optimism over earnings with heavyweight technology names reporting this week, while caution ahead of a policy meeting by the Federal Reserve kept the market in check.