Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today

Benzinga2022-05-06

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent Holdings slid deep into the red in Hong Kong on Friday at press time.These Chinese tech giants also ...

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Comments

ShareShare
2022-05-07
ShareShare
Expected.
miker9110
2022-05-07
miker9110
Wow
Bull1973
2022-05-06
Bull1973
Ok
YMCheah
2022-05-06
YMCheah
Did not explain why??
Tinycub22
2022-05-06
Tinycub22
Market nowaday is so unpredictable
AlfonsoDex
2022-05-06
AlfonsoDex
Sigh

Leave a comment

119

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CTO.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9066663024,"gmtCreate":1651892837368,"gmtModify":1676534993089,"author":{"id":"4098844373599920","authorId":"4098844373599920","name":"ShareShare","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Expected.&nbsp;","listText":"Expected.&nbsp;","text":"Expected.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066663024","repostId":1179185522,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066180848,"gmtCreate":1651878286784,"gmtModify":1676534987198,"author":{"id":"3568440341211251","authorId":"3568440341211251","name":"miker9110","avatar":"https://static.tigerbbs.com/74c64fa1d597623853f21e898b7d0c13","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066180848","repostId":1179185522,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066059415,"gmtCreate":1651825827037,"gmtModify":1676534979066,"author":{"id":"3584680402793671","authorId":"3584680402793671","name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066059415","repostId":1179185522,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066027321,"gmtCreate":1651825434863,"gmtModify":1676534979012,"author":{"id":"4093412032856690","authorId":"4093412032856690","name":"YMCheah","avatar":"https://community-static.tradeup.com/news/8c6bc88c9b9cd996e3220b4fce094f37","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Did not explain why??","listText":"Did not explain why??","text":"Did not explain why??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066027321","repostId":1179185522,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066088932,"gmtCreate":1651819797326,"gmtModify":1676534978194,"author":{"id":"4100607323115300","authorId":"4100607323115300","name":"Tinycub22","avatar":"https://static.tigerbbs.com/21cc125417073d9b3974e7b3f3303ef5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Market nowaday is so unpredictable","listText":"Market nowaday is so unpredictable","text":"Market nowaday is so unpredictable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066088932","repostId":1179185522,"repostType":4,"repost":{"id":"1179185522","pubTimestamp":1651815063,"share":"https://www.laohu8.com/m/news/1179185522?lang=&edition=full","pubTime":"2022-05-06 13:31","market":"hk","language":"en","title":"Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1179185522","media":"Benzinga","summary":"Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent ","content":"<html><head></head><body><p>Shares of U.S.-listed Chinese tech giants <b>Alibaba Group Holding Ltd</b>, <b>Baidu Inc</b>, <b>JD.Com</b>, and <b>Tencent Holdings</b> slid deep into the red in Hong Kong on Friday at press time.</p><p><img src=\"https://static.tigerbbs.com/639171b3669f66fc1a7931b3661a54c8\" tg-width=\"520\" tg-height=\"190\" referrerpolicy=\"no-referrer\"/>These Chinese tech giants also had a subdued ending in U.S. markets as well on Thursday.</p><p><b>The Macro Factors</b>: The benchmark <b>Hang Seng Index</b> started on a negative note and was down 3.27%.</p><p>Friday&#39;s slide was also led by an overnight drop on Wall Street that sent the <b>Dow Jones Industrial Average</b> to its worst day since 2020, while the <b>Nasdaq Golden Dragon China</b> Index fell 7.7%.</p><p>Elsewhere, Australia&#39;s <b>ASX 200</b> shed 2.24%, and the <b>SGXNifty</b> in Singapore was down 2.14%, while the <b>Shanghai Composite</b> slid 1.58%.</p><p><b>Company In News</b>: To boost its slowing sales growth, Alibaba has turned to 930 million consumers in third and fourth-tier cities. For years, it had focused on shoppers in wealthy first and second-tier cities like Shanghai and Beijing through its flagship <b>Taobao</b> and upmarket <b>Tianmao</b> platforms. But due to the rising competition and regulatory pressures, there has been a serious dip in sales on these platforms.</p><p>Baidu announced a new round of leadership changes on Thursday, according to Pandaily. The company said <b>Shen Dou</b>, an executive vice president, will take charge of Baidu&#39;s AI Cloud Group, which was previously headed by <b>Haifeng Wang</b>– the company&#39;s CTO.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Alibaba, Other Tech Peers Are Slumping In Hong Kong Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-06 13:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/asia/22/05/27040547/alibaba-and-other-tech-peers-are-trading-deep-in-red-in-hong-kong-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent Holdings slid deep into the red in Hong Kong on Friday at press time.These Chinese tech giants also ...</p>\n\n<a href=\"https://www.benzinga.com/markets/asia/22/05/27040547/alibaba-and-other-tech-peers-are-trading-deep-in-red-in-hong-kong-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","09988":"阿里巴巴-SW","09888":"百度集团-SW","00700":"腾讯控股"},"source_url":"https://www.benzinga.com/markets/asia/22/05/27040547/alibaba-and-other-tech-peers-are-trading-deep-in-red-in-hong-kong-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179185522","content_text":"Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent Holdings slid deep into the red in Hong Kong on Friday at press time.These Chinese tech giants also had a subdued ending in U.S. markets as well on Thursday.The Macro Factors: The benchmark Hang Seng Index started on a negative note and was down 3.27%.Friday's slide was also led by an overnight drop on Wall Street that sent the Dow Jones Industrial Average to its worst day since 2020, while the Nasdaq Golden Dragon China Index fell 7.7%.Elsewhere, Australia's ASX 200 shed 2.24%, and the SGXNifty in Singapore was down 2.14%, while the Shanghai Composite slid 1.58%.Company In News: To boost its slowing sales growth, Alibaba has turned to 930 million consumers in third and fourth-tier cities. For years, it had focused on shoppers in wealthy first and second-tier cities like Shanghai and Beijing through its flagship Taobao and upmarket Tianmao platforms. But due to the rising competition and regulatory pressures, there has been a serious dip in sales on these platforms.Baidu announced a new round of leadership changes on Thursday, according to Pandaily. The company said Shen Dou, an executive vice president, will take charge of Baidu's AI Cloud Group, which was previously headed by Haifeng Wang– the company's CTO.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066014221,"gmtCreate":1651818976963,"gmtModify":1676534978061,"author":{"id":"4098943201642940","authorId":"4098943201642940","name":"AlfonsoDex","avatar":"https://community-static.tradeup.com/news/3c3dacba85c0b4dfd791bb1be953f1ec","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Sigh","listText":"Sigh","text":"Sigh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066014221","repostId":1179185522,"repostType":4,"repost":{"id":"1179185522","pubTimestamp":1651815063,"share":"https://www.laohu8.com/m/news/1179185522?lang=&edition=full","pubTime":"2022-05-06 13:31","market":"hk","language":"en","title":"Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1179185522","media":"Benzinga","summary":"Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent ","content":"<html><head></head><body><p>Shares of U.S.-listed Chinese tech giants <b>Alibaba Group Holding Ltd</b>, <b>Baidu Inc</b>, <b>JD.Com</b>, and <b>Tencent Holdings</b> slid deep into the red in Hong Kong on Friday at press time.</p><p><img src=\"https://static.tigerbbs.com/639171b3669f66fc1a7931b3661a54c8\" tg-width=\"520\" tg-height=\"190\" referrerpolicy=\"no-referrer\"/>These Chinese tech giants also had a subdued ending in U.S. markets as well on Thursday.</p><p><b>The Macro Factors</b>: The benchmark <b>Hang Seng Index</b> started on a negative note and was down 3.27%.</p><p>Friday&#39;s slide was also led by an overnight drop on Wall Street that sent the <b>Dow Jones Industrial Average</b> to its worst day since 2020, while the <b>Nasdaq Golden Dragon China</b> Index fell 7.7%.</p><p>Elsewhere, Australia&#39;s <b>ASX 200</b> shed 2.24%, and the <b>SGXNifty</b> in Singapore was down 2.14%, while the <b>Shanghai Composite</b> slid 1.58%.</p><p><b>Company In News</b>: To boost its slowing sales growth, Alibaba has turned to 930 million consumers in third and fourth-tier cities. For years, it had focused on shoppers in wealthy first and second-tier cities like Shanghai and Beijing through its flagship <b>Taobao</b> and upmarket <b>Tianmao</b> platforms. But due to the rising competition and regulatory pressures, there has been a serious dip in sales on these platforms.</p><p>Baidu announced a new round of leadership changes on Thursday, according to Pandaily. The company said <b>Shen Dou</b>, an executive vice president, will take charge of Baidu&#39;s AI Cloud Group, which was previously headed by <b>Haifeng Wang</b>– the company&#39;s CTO.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Alibaba, Other Tech Peers Are Slumping In Hong Kong Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Alibaba, Other Tech Peers Are Slumping In Hong Kong Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-06 13:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/asia/22/05/27040547/alibaba-and-other-tech-peers-are-trading-deep-in-red-in-hong-kong-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent Holdings slid deep into the red in Hong Kong on Friday at press time.These Chinese tech giants also ...</p>\n\n<a href=\"https://www.benzinga.com/markets/asia/22/05/27040547/alibaba-and-other-tech-peers-are-trading-deep-in-red-in-hong-kong-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","09988":"阿里巴巴-SW","09888":"百度集团-SW","00700":"腾讯控股"},"source_url":"https://www.benzinga.com/markets/asia/22/05/27040547/alibaba-and-other-tech-peers-are-trading-deep-in-red-in-hong-kong-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179185522","content_text":"Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd, Baidu Inc, JD.Com, and Tencent Holdings slid deep into the red in Hong Kong on Friday at press time.These Chinese tech giants also had a subdued ending in U.S. markets as well on Thursday.The Macro Factors: The benchmark Hang Seng Index started on a negative note and was down 3.27%.Friday's slide was also led by an overnight drop on Wall Street that sent the Dow Jones Industrial Average to its worst day since 2020, while the Nasdaq Golden Dragon China Index fell 7.7%.Elsewhere, Australia's ASX 200 shed 2.24%, and the SGXNifty in Singapore was down 2.14%, while the Shanghai Composite slid 1.58%.Company In News: To boost its slowing sales growth, Alibaba has turned to 930 million consumers in third and fourth-tier cities. For years, it had focused on shoppers in wealthy first and second-tier cities like Shanghai and Beijing through its flagship Taobao and upmarket Tianmao platforms. But due to the rising competition and regulatory pressures, there has been a serious dip in sales on these platforms.Baidu announced a new round of leadership changes on Thursday, according to Pandaily. The company said Shen Dou, an executive vice president, will take charge of Baidu's AI Cloud Group, which was previously headed by Haifeng Wang– the company's CTO.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":119,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1179185522"}