U-turn before market close! No-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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JackTing
2022-08-15

U-turn before market close! Norm nowadays

Alibaba, EV Stocks Open Lackluster As Hang Seng Loses Sheen Amid Disappointing China Economic Data

ZINGER KEY POINTSAlibaba shares down 0.16%, Xpeng shares fall over 2%China's industrial production g

Alibaba, EV Stocks Open Lackluster As Hang Seng Loses Sheen Amid Disappointing China Economic Data

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Norm nowadays","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9999210935","repostId":1166941570,"repostType":4,"repost":{"id":"1166941570","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1660531980,"share":"https://www.laohu8.com/m/news/1166941570?lang=&edition=full","pubTime":"2022-08-15 10:53","market":"hk","language":"en","title":"Alibaba, EV Stocks Open Lackluster As Hang Seng Loses Sheen Amid Disappointing China Economic Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1166941570","media":"Benzinga","summary":"ZINGER KEY POINTSAlibaba shares down 0.16%, Xpeng shares fall over 2%China's industrial production g","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Alibaba shares down 0.16%, Xpeng shares fall over 2%</li><li>China&#39;s industrial production grows by 3.8%, retail sales rise 2.7%</li><li>People’s Bank of China reduces rate on one-year policy loans by 10 basis points to 2.75%</li></ul><p><img src=\"https://static.tigerbbs.com/71acbaed5418a985af60879d4c1b257d\" tg-width=\"960\" tg-height=\"641\" width=\"100%\" height=\"auto\"/></p><p>Hong Kong’s benchmark <b>Hang Seng index</b> traded in the red Monday morning, falling 0.8% after China&#39;s industrial production and retail sales data disappointed investors.</p><p>Industrial production grew by 3.8%, slightly lower than the 3.9% figure in June. Retail sales rose 2.7% in July compared with the same period in 2021, below the 5% growth forecast, reported CNBC.</p><p>China’s central bank has also unexpectedly slashed a key policy interest rate for the first time since January, reported Bloomberg. The <b>People’s Bank of </b><b><b>Chin</b></b><b>a</b> reduced the rate on its one-year policy loans by 10 basis points to 2.75% on Monday.</p><p><b>Tesla Inc</b>-rival <b>Xpeng Motors&#39;</b> shares fell over 2% in morning trade.</p><p><img src=\"https://static.tigerbbs.com/8716599074d1af9e279687766a2fd341\" tg-width=\"427\" tg-height=\"719\" width=\"100%\" height=\"auto\"/></p><p><b>Macro News</b>: New bank lending in China has plunged more than expected in July, to 679 billion yuan, while broad credit growth has slowed, reported Reuters. Companies and consumers remain wary of taking on more debt in the wake of fresh COVID-19 cases, worries about jobs and a worsening property crisis.</p><p><b>Company News</b>: Chinese EV maker <b>Nio</b> has narrowed the location shortlist for its mega <b>NIO 2022 Day</b> event to three cities,reported CnEVPost.</p><p><b>Li Auto</b>is likely to launch a new SUV <b>Li L8</b> soon, which could possibly replace its first model, <b>Li ONE</b>, reported CnEVPost.</p><p><b>Global Markets</b>: U.S. indices gained on Friday with the Nasdaq, closing 2.09% higher. The Dow Jones Industrial Average rose 1.27% while the S&amp;P 500 gained 1.73%.</p><p>Elsewhere in Asia, Australia’s ASX 200 gained 0.45% during Monday morning trade. Japan’s Nikkei 225 gained over 1% while China’s Shanghai Composite index was UP 0.24%. South Korean markets remained closed for a holiday.</p><p></p></body></html>","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>Alibaba, EV Stocks Open Lackluster As Hang Seng Loses Sheen Amid Disappointing China Economic Data</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nAlibaba, EV Stocks Open Lackluster As Hang Seng Loses Sheen Amid Disappointing China Economic Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-08-15 10:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Alibaba shares down 0.16%, Xpeng shares fall over 2%</li><li>China&#39;s industrial production grows by 3.8%, retail sales rise 2.7%</li><li>People’s Bank of China reduces rate on one-year policy loans by 10 basis points to 2.75%</li></ul><p><img src=\"https://static.tigerbbs.com/71acbaed5418a985af60879d4c1b257d\" tg-width=\"960\" tg-height=\"641\" width=\"100%\" height=\"auto\"/></p><p>Hong Kong’s benchmark <b>Hang Seng index</b> traded in the red Monday morning, falling 0.8% after China&#39;s industrial production and retail sales data disappointed investors.</p><p>Industrial production grew by 3.8%, slightly lower than the 3.9% figure in June. Retail sales rose 2.7% in July compared with the same period in 2021, below the 5% growth forecast, reported CNBC.</p><p>China’s central bank has also unexpectedly slashed a key policy interest rate for the first time since January, reported Bloomberg. The <b>People’s Bank of </b><b><b>Chin</b></b><b>a</b> reduced the rate on its one-year policy loans by 10 basis points to 2.75% on Monday.</p><p><b>Tesla Inc</b>-rival <b>Xpeng Motors&#39;</b> shares fell over 2% in morning trade.</p><p><img src=\"https://static.tigerbbs.com/8716599074d1af9e279687766a2fd341\" tg-width=\"427\" tg-height=\"719\" width=\"100%\" height=\"auto\"/></p><p><b>Macro News</b>: New bank lending in China has plunged more than expected in July, to 679 billion yuan, while broad credit growth has slowed, reported Reuters. Companies and consumers remain wary of taking on more debt in the wake of fresh COVID-19 cases, worries about jobs and a worsening property crisis.</p><p><b>Company News</b>: Chinese EV maker <b>Nio</b> has narrowed the location shortlist for its mega <b>NIO 2022 Day</b> event to three cities,reported CnEVPost.</p><p><b>Li Auto</b>is likely to launch a new SUV <b>Li L8</b> soon, which could possibly replace its first model, <b>Li ONE</b>, reported CnEVPost.</p><p><b>Global Markets</b>: U.S. indices gained on Friday with the Nasdaq, closing 2.09% higher. The Dow Jones Industrial Average rose 1.27% while the S&amp;P 500 gained 1.73%.</p><p>Elsewhere in Asia, Australia’s ASX 200 gained 0.45% during Monday morning trade. Japan’s Nikkei 225 gained over 1% while China’s Shanghai Composite index was UP 0.24%. South Korean markets remained closed for a holiday.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","00700":"腾讯控股","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166941570","content_text":"ZINGER KEY POINTSAlibaba shares down 0.16%, Xpeng shares fall over 2%China's industrial production grows by 3.8%, retail sales rise 2.7%People’s Bank of China reduces rate on one-year policy loans by 10 basis points to 2.75%Hong Kong’s benchmark Hang Seng index traded in the red Monday morning, falling 0.8% after China's industrial production and retail sales data disappointed investors.Industrial production grew by 3.8%, slightly lower than the 3.9% figure in June. Retail sales rose 2.7% in July compared with the same period in 2021, below the 5% growth forecast, reported CNBC.China’s central bank has also unexpectedly slashed a key policy interest rate for the first time since January, reported Bloomberg. The People’s Bank of China reduced the rate on its one-year policy loans by 10 basis points to 2.75% on Monday.Tesla Inc-rival Xpeng Motors' shares fell over 2% in morning trade.Macro News: New bank lending in China has plunged more than expected in July, to 679 billion yuan, while broad credit growth has slowed, reported Reuters. Companies and consumers remain wary of taking on more debt in the wake of fresh COVID-19 cases, worries about jobs and a worsening property crisis.Company News: Chinese EV maker Nio has narrowed the location shortlist for its mega NIO 2022 Day event to three cities,reported CnEVPost.Li Autois likely to launch a new SUV Li L8 soon, which could possibly replace its first model, Li ONE, reported CnEVPost.Global Markets: U.S. indices gained on Friday with the Nasdaq, closing 2.09% higher. The Dow Jones Industrial Average rose 1.27% while the S&P 500 gained 1.73%.Elsewhere in Asia, Australia’s ASX 200 gained 0.45% during Monday morning trade. Japan’s Nikkei 225 gained over 1% while China’s Shanghai Composite index was UP 0.24%. South Korean markets remained closed for a holiday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":36,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}