JD.com, one of China’s largest e-commerce sites, rose as much as 5.8 per cent in its secondary listing debut in Hong Kong. Its corporate dog mascot banged the gong in an online ceremony as it began trading.
JD.com, one of China’s largest e-commerce sites, rose as much as 5.8 per cent in its secondary listing debut in Hong Kong. Its corporate dog mascot banged the gong in an online ceremony as it began trading.
Hong Kong Exchanges and Clearing, or HKEX, was the top loser among blue chips, as chief executive Charles Li Xiaojia said he will not seek reappointment next year and the stock market operator announced a 13 per cent decline in net profit in the first quarter.
HSBC plunges to its lowest level since 2009 during the global financial crisis. Investors should expect to be “tethered to the risk yo-yo, if not anvil, for some time to come,” says analyst Stephen Innes.
HSBC plunges to its lowest level since 2009 during the global financial crisis. Investors should expect to be “tethered to the risk yo-yo, if not anvil, for some time to come,” says analyst Stephen Innes.
The benchmark Hang Seng Index has dropped 9 per cent since a January-high reached just two weeks ago
The benchmark Hang Seng Index has dropped 9 per cent since a January-high reached just two weeks ago