Stock markets worldwide experience declines amid concerns over the Chinese property market, rising US bond yields, and poor economic data in China and the UK.
China's leading e-commerce company, JD.com, has experienced a significant decline in its stock price due to investor concerns about the Chinese economic recovery and the property market debt crisis, despite positive second-quarter earnings and growth prospects.
Chinese stocks, including Alibaba and JD.com, experienced a rally after the government announced plans to reduce trading taxes and implement measures to boost capital markets.
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, 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.
Asian stock markets mostly lower as Japanese factory activity and Chinese service industry growth weaken, while Wall Street's benchmark S&P 500 rises on hopes that economic data will convince the Federal Reserve that inflation is under control.
Alibaba's stock is dropping due to China's struggling economy, but there are signs of resilience and hope for the future.
Most stock markets in the Gulf ended lower due to a contraction in factory activity in China, dampening investor sentiment.
Asia-Pacific markets were mostly lower on Thursday, following a sell-off on Wall Street and as investors assess trade data from China and Australia, with Chinese imports and exports falling less than expected.
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.
Stocks were lower ahead of the Wall Street bell on Wednesday, with the focus on consumer inflation data that could impact the Federal Reserve's next policy decision.
The performance of Alibaba and JD.com stocks suggests that investors are uncertain about whether China's economy is improving despite positive Chinese data.
Stocks mostly lower as investors await Federal Reserve's interest rate decision and assess new economic data showing easing core inflation and a cooling labor market, with expectations high for the Fed to hold rates steady.
Asian equities trade lower as cautious sentiment persists due to lingering fears over China's property market crisis, while a dovish stance from the Bank of Japan boosts Japanese stocks; investors are awaiting economic data from Japan and the US.
Shares of Alibaba, XPeng, and other U.S.-listed Chinese stocks are rising following Beijing's proposal to relax regulations on cross-border investment.
The U.S. stock market is currently trading at an attractive discount, with growth stocks moving from underweight to market weight and the real estate sector overtaking communication services as the most undervalued sector.
Stocks were lower on Monday as the Middle East conflict increased geopolitical risk and added to existing concerns about interest rates and inflation.
U.S.-listed shares of an e-commerce giant were falling as Wall Street firms lowered their revenue estimates due to the impact of the struggling Chinese economy.
Shares are trading lower amid concerns that trade tensions between the U.S. and China may lead Chinese regulators to block the pending acquisition of an infrastructure software company.
