HSTECH nearly doubling the gains as of midday

BrianTycangco鄭彥渊
11-06

$HSTECH(HSTECH)$ closes up 3.6%, nearly doubling the gains as of midday. The chart now shows it has broken the short-term down trend. $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Hang Seng TECH Index ETF(KTEC)$

TikTok-like $KUAISHOU-W(01024)$ $KUAISHOU TECHNOLOGY(KUASF)$ booms 10.7% on news the platform is entering the Brazil e-commerce market with Kwai Shop. They already have 60m users in the country for Kuaishou.

HK share premiums to ADRs as follows:

$Alibaba(BABA)$ $BABA-W(09988)$ +2.9% premium

$JD.com(JD)$ $JD-SW(09618)$ +2.4% premium

$Baidu(BIDU)$ $BIDU-SW(09888)$ +2.7%

$NetEase(NTES)$ $NTES-S(09999)$ +1.3%

$Tencent Music(TME)$ $TME-SW(01698)$ +3.7%

$Bilibili Inc.(BILI)$ $BILIBILI-W(09626)$ +5.4% ‼️

$Weibo(WB)$ $WB-SW(09898)$ +4.0%

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