Ali Baba

Hong Kong Internet Rally goes free solo on the Wall of Worry

Hong Kong Internet Rally goes free solo on the Wall of Worry

China last night CraneShares New keys Asian stocks were mixed/mostly down as Hong Kong outperformed significantly, India managed a small gain and the Philippines closed for the Immaculate Conception. Asian investors applauded the ten measures reminiscent of COVID restrictions and the strong statement from the mainland media following the Politburo meeting, which bears repeating: “… …

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Hong Kong internet stocks gain in Biden Xi meeting

Hong Kong internet stocks gain in Biden Xi meeting

China last night CraneShares New keys Asian equities had a strong day, with China and Hong Kong outperforming following President Biden’s positive meeting with Xi in Bali, as well as continued support for the real estate sector. Hong Kong internet stocks soared, led by Hong Kong’s most traded Tencent by value +10.51%, Alibaba HK +11.05% …

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