Asian stocks rise as traders await signals on interest rate plans from the Federal Reserve conference, with hopes that further rate hikes will be ruled out but concerns about inflation persisting.
Hong Kong's stock market has benefited from China's rapid growth, with over 1,400 Chinese companies raising $1.05 trillion in the past 30 years.
Asian shares are mostly rising after Wall Street rallied to its best day since June after pressures from the bond market relaxed a bit.
Foreign investors have sold a record $10.7 billion of Chinese stocks in 13 consecutive trading sessions, causing a significant dip in the market.
Asian shares rally as China announces new measures to support its struggling markets, while investors remain cautious ahead of U.S. jobs and inflation data that could impact interest rates.
Chinese stocks rally as Beijing takes steps to boost the market.
Most Asian stocks rose on Monday, led by Chinese shares, as China implemented measures to support its stock markets and investors looked ahead to key economic indicators from China and the US.
Chinese electric vehicle company Xpeng's U.S.-traded shares rose 5% premarket after announcing its acquisition of Didi's smart electric car business for $744 million.
Shares of Chinese e-commerce giants Alibaba and JD.com surged after the Chinese government announced measures to boost the country's capital markets, including halving the stamp duty on securities transactions.
Chinese stocks rebounded briefly after Beijing implemented measures to halt the slide, but foreign investors used the opportunity to unload $1.1 billion of mainland Chinese equities, reflecting ongoing nervousness about holding capital in China.
Chinese stocks initially surged on Monday after the government implemented measures to boost investor confidence, but most of the gains were lost by the end of the session due to concerns about the country's economic slowdown and the foreign outflow of funds.
Shares of Chinese automaker BYD listed in China surged over 5% following a significant jump in first-half profit, driven by record deliveries and growth in the new energy vehicle business, with revenue increasing by 72.72% compared to the same period last year.
Chinese stocks, including Alibaba, rise for a second day following stimulus measures from Beijing, but long-term gains may be challenging due to concerns over China's economy.
Chinese stocks, including Alibaba, JD.com, and Baidu, rebounded as investors bought the dip, while property manager Country Garden faced liquidity pressures.
Asia-Pacific markets rise as investors anticipate China's August factory activity data, with the country's manufacturing sector expected to contract for the fifth consecutive month, while US stocks gain due to positive economic data and revised GDP growth figures.
Alibaba's stock is dropping due to China's struggling economy, but there are signs of resilience and hope for the future.
Asian stocks may face a volatile session as investors monitor U.S. economic data, a second China manufacturing PMI reading, and the U.S. employment report, with any indication of central bank leaders approaching the end of tightening likely to generate risk appetite.
Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain, and France in 2024, following its successful entry into the Netherlands and Norway.
Chinese car makers BYD and XPeng saw their stock prices rise ahead of a major auto show where they will compete with Tesla, which is making its first appearance at the event in Munich.
Asian stocks are expected to open lower as traders focus on China's economic conditions and European shares fail to provide a strong lead, while oil and bond yields remain relatively high.
China's stock market rebound may be temporary as corporate earnings continue to decline and companies revise down their outlooks, causing concern for foreign funds and prompting Bank of America to urge caution.
Alibaba stock falls as more economic data from China weighs on shares.
Chinese stocks are being affected by mixed estimates for inflation, which is impacting Alibaba and other companies.
China's property shares are declining and tech shares are underperforming, leading to a slide in the Asian market, while the European market waits for monetary policy decisions from the ECB and the Bank of England.
Alibaba's stock dropped more than 4% in Hong Kong after the ex-group CEO of its cloud computing unit, Daniel Zhang, unexpectedly quit, raising concerns about the impact on the subsidiary's spinoff plans and its weak sales growth ahead of an IPO next year.
Global shares rise as risk appetite increases, the yen jumps against the dollar, and signs of stabilization in the Chinese economy push up copper and oil prices.
U.S. stock futures rise as investors await key inflation data, consumer prices in the spotlight, Alibaba's outgoing CEO steps down as cloud unit chief, China's renminbi bounces back, and Arm eyes IPO pricing at the top of its range.
Investors sold a record $12 billion worth of Chinese stocks in August amid concerns about the state of the Chinese economy, while many investors are flocking to US equities, according to JPMorgan and a survey by Bank of America.
Chinese internet stocks, such as Alibaba (BABA), JD.com (JD), and Baidu (BIDU), have faced challenges this year due to the stalled Chinese economy, but their low valuations and AI capabilities present potential opportunities for investors. Despite their current struggles, analysts remain optimistic about the long-term prospects of these stocks, with JD.com expected to have the highest upside potential of over 80%.
Investors have pulled £10 billion from Chinese stocks as China's economy continues to decline, with declining exports and struggling real estate contributing to the turmoil.
The performance of Alibaba and JD.com stocks suggests that investors are uncertain about whether China's economy is improving despite positive Chinese data.
Chinese stocks defy regional declines as tech stocks rise, while the 10-year Treasury yield slightly decreases from a 16-year high; US futures tick higher following a 1.6% slide in the S&P 500; bond yields rise in Australia and New Zealand after positive US labor market data; and India's sovereign debt is set to be included in JPMorgan's benchmark emerging-markets index.
Chinese stocks, including Alibaba Group, are seeing gains as the company plans to file for an initial public offering for its logistics business, Cainiao Network Technology, which could be the first of many IPOs from Alibaba's subsidiaries, and as reports suggest that the Chinese government may loosen restrictions on foreign investors owning stakes in Chinese companies.
Alibaba's stock is trading lower due to concerns over China's property sector, while the e-commerce industry sees a shift towards discount retailing amid economic uncertainties and inflation in the U.S. and Europe.
Asian shares rise as oil prices decline, easing inflationary pressures and boosting market sentiment, with benchmarks in Tokyo, Sydney, Seoul, and Hong Kong all advancing.
Stocks in China are rising after reports of stimulus plans, which is a familiar trend for investors who have seen similar government efforts to boost the economy.
Chinese stocks rose as Beijing considers further support for the struggling economy, including raising the budget deficit and issuing additional debt for infrastructure spending.
Goldman Sachs predicts that the Chinese stock market will rebound towards the end of the year due to increased state buying of shares, which aims to breathe life back into the market.
Asian shares rise as U.S. stocks rebound and investors await China's economic growth figures, which are expected to show a slowdown in annual growth.
Investors are rapidly selling Chinese stocks due to concerns over the country's economic slowdown, lack of convincing response from authorities, and rising tensions between China and the US, leading to a collapse in trust in the Chinese Communist Party.
