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Tech, Media & Telecom Roundup: Market Talk
The Wall Street Journal· 17 hours agoHe notes Meituan delivered solid 1Q results, and says any potential expansion of its share-repurchase program would be a key catalyst for the stock. Choi...
Meituan Likely to Post Higher Profit, Revenue in First Quarter -- Earnings Preview
Market Watch· 3 days agoMeituan is scheduled to report results for the first quarter on Thursday. NET PROFIT: The Chinese food-delivery company will likely report net profit of 3.91 billion yuan ...
Convertible Bond Boom Grows as Trip.com Follows Alibaba
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- There’s no let up in the rush by Chinese technology companies to issue convertible...
Hong Kong snap 2-day rally as investors turn cautious ahead of US data
South China Morning Post· 3 days agoA Wall Street Journal poll expects non-farm payroll, due on Friday, of 190,000 for May....
China Market Update: Meituan Beats As Real Estate Retreats
Forbes· 2 days agoAsian equities were largely higher overnight, while Mainland China underperformed.
China Market Update: Offshore Goes Risk Off As Exports Beat, Week In Review
Forbes· 1 day agoAsian equities were mixed overnight as Mainland China markets were up slightly while Hong Kong was lower. Markets were awaiting US non-farm payrolls, which were higher than expected, causing the increased hopes of rate cuts to lose steam.
China Market Update: Apple’s Alibaba 618 Sales Off To A Strong Start
Forbes· 4 days agoAsian equities were mixed as India was off, sliding -6% on President Modi’s landslide win, not fulfilling expectations thus far. Hong Kong and China rewarded my visit with another day, which may require extending my stay.
Hong Kong stocks rise amid bets of stability in China property, US rate cut hopes
South China Morning Post· 4 days agoThe Hang Seng Index, which has rebounded as much as 31 per cent from the year’s low struck last...
Transformation Gobbles Up Smart Share Global's profits - Smart Share Glb (NASDAQ:EM), Airbnb...
Benzinga· 4 days agoKey Takeaways: Smart Share Global’s revenue plunged more than 50% in the first quarter, as revenue...
Hong Kong Shares Tipped To Bounce Higher Again On Thursday
RTT News· 3 days agoThe Hong Kong stock market on Wednesday snapped the two-day winning streak in which it had collected more than 360 points or 2 percent. The Hang Seng Index now sits just beneath the 18,425-point plateau although it's likely to rebound on Thursday.