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Shares of many Chinese stocks listed on U.S. exchanges blasted higher today, as the Chinese government expressed plans to ease up on Chinese tech stocks and support foreign listings. Hong Kong's Hang Seng index jumped 9% in its best day of trading since 2008. The news also comes shortly...
U.S.-listed Chinese financial stocks are skyrocketing in premarket trading, Wednesday, as the country's top policymaker ensured equity market stability. Qudian (NYSE:QD) +12.6%, FinVolution (NYSE:FINV) +16.2%, LexinFintech (NASDAQ:LX) +17%, 360 DigitTech (NASDAQ:QFIN)...
KE Holdings (NYSE:BEKE) +47%. DiDi Global (NYSE:DIDI) +44%. Pinduoduo (NASDAQ:PDD)+35% Alibaba, other Chinese tech stocks soar as government says it will support market. Dingdong (Cayman) (NYSE:DDL) +35%. Kingsoft Cloud (NASDAQ:KC) +32%. Zhihu (NYSE:ZH) +31%. ATRenew (NYSE:RERE) +3...
Since my last article on Tiger, the stock has plummeted along with other Chinese tech companies following news of greater regulatory scrutiny. Tiger appears to be undervalued and presents an attractive buying opportunity at current depressed price levels. However, the road ahead is ri...
Futu's Q4 2021 results were above market expectations, but the company's shares dropped by -9% post-results announcement. There are potential regulatory risks for FUTU relating to both its US listing status and its ability to provide offshore trading services to Mainland Chinese clien...
Chase Coleman’s 13F portfolio value decreased from $52.06B to $45.94B this quarter. Tiger Global increased Snowflake, Carvana, and Zoom Video while decreasing Microsoft and Amazon.com during the quarter. They also dropped TransDigm Group. The largest three positions are Mic...
Property and casualty insurer W. R. Berkley (NYSE:WRB) +57% finished the week as the largest percentage gainer within the financial sector (with a market cap of $2B+). Cryptocurrency lender Silvergate Capital (NYSE:SI) +16.6% jumped as bitcoin (BTC-USD) gained slightly by ...
Image source: The Motley Fool. Futu Holdings Ltd (NASDAQ: FUTU) Q4 2021 Earnings Call Mar 11, 2022 , 7:30 a.m. ET Operator Continue reading For further details see: Futu Holdings Ltd (FUTU) Q4 2021 Earnings Call Transcript
Shares of Futu Holdings (NASDAQ: FUTU) were trading nearly 9% lower as of 12:30 p.m. ET after the Hong Kong-based online brokerage and wealth management platform operator reported its fourth-quarter results. Futu reported earnings equivalent to $0.42 per American Depository Shar...
Stock Market Today Mid-Morning Updates On Friday, the Dow Jones Industrial Average is up by over 250 points. This comes after President Vladimir Putin says that he sees positive developments in the talks for a ceasefire. However, he did not elaborate but said that he would go in...
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