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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-02 15:51:58

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Alibaba Reports $26 Billion in Buybacks Left, Hong Kong Market Update =============== ...

Alibaba Reports $26 Billion in Buybacks Left, Hong Kong Market Update
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#133aea61 ver:1.52

Asian stocks had mixed performance as economic data from Japan and China showed sluggish growth. Japan's Nikkei 225 rose 0.3% while China's Shanghai Composite climbed 0.3%. South Korea's Kospi edged 0.2% higher. Hong Kong markets were closed. Inflation continues to ease, with consumer prices rising 2.6% in May. Treasury yields rose after easing inflation. Alibaba reported $26 billion in buybacks left. Hong Kong shares' inclusion in Southbound Stock Connect could be a strong catalyst....

#newstr #AsianStocks #UsTreasuryYields #China #ManufacturingSector #Inflation #Alibaba #HongKong

https://here.news/story/133aea61?ver=1.52
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