Regulation & “Unnamed Sources” Weigh On Internet Stocks

The Hang Seng opened lower and stayed there, closing -1.5% as volume increased from Friday. The 210 Chinese companies listed in Hong Kong and within the MSCI China All Shares Index fell -2.08% with energy and materials up +3.95% and +1.89%, respectively. Meanwhile, discretionary -3.83%, staples -3.47%, tech -2.49%, healthcare -2.42%, and communication -2.41%. Hong Kong’s most heavily traded stocks by value were Tencent, which fell -2.45%, Meituan, which fell -4.47%, Alibaba HK, which fell -4.

77%, staples -1.51%, and industrials -1.18%. The Mainland’s most heavily traded stocks by value were COSCO Shipping, which gained +2.99%, TBEA, which fell -5.46%, China Northern Rare Earth, which fell -3.92%, broker East Money, which gained +2%, China Molybdenum, which gained +6.68%, Zijin Mining, which gained +3.51%, Aluminum Corp of China, which gained +10%, Tianqi Lithium, which gained +2.13%, Longi Green Energy, which fell -2.88%, and Jiangxi Special Electric Motor, which gained +9.99%.

this is terrible news

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are two large tech stocks to avoid, according to Goldman SachsThere's still some opportunity among large-cap internet stocks, but investors should steer clear of two names, according to Goldman Sachs. Airbnb & Twitter Goldmann also said buy $Dole it can go up 70% 😂 probably more to the downside. good
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves midday: Dell, Twitter, Moderna and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Airbnb, Uranium Energy, Biogen: What to Watch When the Stock Market Opens TodayAirbnb shares slipped premarket after Goldman Sachs recommended investors sell the stock; Biogen shares rose after falling last week when the company said the launch of its new Alzheimer’s drug had been slower than anticipated
Source: WSJ - 🏆 98. / 63 Read more »

Top Wall Street analysts remain bullish on these five stocksTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Chewy and Qualcomm. nikolamotor 👍 wow Why would you buy from chewy is you are prime member. You have to spend 49 dollars for free shipping. Bought for 2 dollars less and free shipping.
Source: CNBC - 🏆 12. / 72 Read more »