Today

Stocks drop as China shows pain from lockdowns while Alibaba, Baidu slide

China details the economic fallout from Covid-19 lockdowns as Premier Li calls for stronger recovery efforts. Alibaba and Baidu are in focus before their earnings reports. Read more on scmp.com



Yesterday

Hang Seng snaps two-day loss as developers advance while tech leaders slide

China’s central bank has called on the nation’s lenders to boost credit to industries hobbled by Covid outbreaks and lockdowns. A slump in tech stocks persists before more corporate earnings reports this week. Read more on scmp.com



This week

Hong Kong stocks suffer back-to-back drop on China woes, weak tech earnings

Local stocks are headed for the first back-to-back losses in two weeks amid weaker corporate earnings from Chinese tech companies. Read more on scmp.com


Asian markets mostly lower as inflation worries cloud outlook

Worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports. Read more on marketwatch.com


Earnings pitfall awaits China tech stock traders as lockdown blunts spending

Poor earnings by China’s tech giants show that it may still be a falling-knife market that could hit investors rushing to cash in on the recent upgrades. Read more on scmp.com



Last week

Asia markets gain as Hong Kong’s Hang Seng jumps nearly 2%

Shares in the Asia Pacific markets rose on Friday, with Hong Kong’s Hang Seng index leading gains. Read more on cnbc.com


We made wrong call sticking with China, says Scottish Mortgage Investment Trust

The lead manager of one of Britain’s most widely held investment trusts has admitted it was a “mistake” to have sold down western technology companies instead o Read more on thetimes.co.uk


Hang Seng Index falls by the most in two weeks, dragged down by Tencent

Traders may have shifted their focus on tech stocks to corporate earnings from the regulatory front. Read more on scmp.com


Only two Asia-Pacific markets are in positive territory so far this year

There are only two major indexes across Asia-Pacific that are in positive territory so far in 2022, and both of them are in Southeast Asia. Read more on cnbc.com


Hong Kong stock market rally stalls as Chinese tech shares lead declines

Hong Kong stocks dropped from a two-week high on Wednesday morning, as a rally powered by regulatory support and an improved outlook for China’s growth took a pause. Read more on scmp.com


Hong Kong stocks climb as JPMorgan turns positive on Chinese tech shares

Market sentiment was also boosted by news that Shanghai, the mainland’s financial capital, plans to reopen in phases starting next month. Read more on scmp.com


Hong Kong stocks dip on China data, developers rally on mortgage rate cut

Hong Kong stocks fluctuated between gains and losses as investors weighed the prospect of more policy loosening against official data showing that China’s economy contracted in April. Read more on scmp.com


Most Asia markets give up gains, China stocks fall after economic numbers disappoint

China’s economic data for April missed expectations, hurt by strict Covid limits in parts of the country. Read more on cnbc.com



This month

Hong Kong stocks jump after Beijing lockdown ruled out, Fed rate assurance

Tech giants help Hong Kong stocks rise by the most in two weeks, but the index is still on track to post a weekly loss. Read more on scmp.com


Hong Kong stocks fall as HKMA intervention fuels capital outflow fears

The Hang Seng Index fell to its lowest level in two months, as the HKMA intervened to defend the Hong Kong dollar for the first time since 2019. Read more on scmp.com