Buy Hang Seng, sell AI, says Bank of America
Bank of America analysts said in their flow show note on Friday that the contrarian trade in June is to buy the Hang Seng and sell artificial intelligence (AI). "Tech/stocks have discounted...
Strong Buy
or
HSI Short News & Analysis
-
-
China stocks add to gains on report of more government support for the property market
Chinese equities had a strong day as markets cheered the approval of a deal to raise the U.S. debt ceiling and avert a default. The Hang Seng had its best day in three months while Japan’s...
-
Asian stocks surge as debt bill clears Congress, Chinese shares rebound
Investing.com -- Most Asian stock markets rose on Friday amid optimism over the approval of a deal to raise the U.S. debt ceiling and avert a default, with Chinese markets rebounding from...
-
Asian stocks cautiously higher as debt ceiling deal moves forward
Investing.com -- Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also...
-
Hong Kong stocks enter bear market as China outlook darkens
Investing.com -- Hong Kong’s Hang Seng index entered bear market territory on Wednesday, with China-exposed stocks weighing the most as weak economic data from the mainland raised more...
-
Asian stocks slide as China data disappoints, debt ceiling vote looms
Investing.com -- Asian stocks sank on Wednesday, with Chinese markets leading declines as manufacturing activity shrank for a second straight month, while broader sentiment remained on edge...
-
Asian stocks dip, Chinese shares hit 5-mth low as U.S. ties worsen
Investing.com -- Most Asian stocks retreated on Tuesday as optimism over a deal to raise the U.S. debt ceiling was offset by fears of worsening ties between Beijing and Washington, amid...
-
Asian stocks rise, Nikkei at 33-year high on debt ceiling optimism
Investing.com -- Most Asian stocks rose on Monday as markets cheered a tentative deal between U.S. lawmakers to hike the debt ceiling and avert a default, with Japan’s Nikkei racing...
-
Asian stocks drop amid default fears, Nvidia boosts chipmaking shares
Investing.com -- Most Asian stocks fell on Thursday as fears of a U.S. debt default persisted amid little progress toward raising the debt ceiling, although chipmaking stocks outperformed...
-
Asian stocks slip amid debt ceiling uncertainty, U.S.-China jitters
Investing.com -- Most Asian stock markets retreated on Wednesday, tracking losses in U.S. stocks as a deal to raise the debt ceiling remained out of reach, while fears of worsening Sino-U.S....
-
Asian stocks dip as Japan rally stalls, debt ceiling fears persist
Investing.com -- Most Asian stocks retreated on Tuesday amid no signs that U.S. lawmakers were close to raising the debt ceiling, with a rally in Japanese markets now running out of steam...
-
Asian stocks mixed amid U.S.-China optimism, debt ceiling woes
Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by uncertainty over raising the U.S. debt ceiling...
-
Japan’s Nikkei leads Asian stocks higher; China, Fed fears limit gains
Investing.com -- Most Asian stock markets rose on Friday and were headed for a positive week amid optimism over raising the U.S. debt ceiling, although concerns over a slowing economic...
-
Asian stocks rise as debt ceiling fears abate, Sony boosts Nikkei
Investing.com -- Most Asian stock markets rose on Thursday, tracking gains on Wall Street amid optimism that the U.S. debt ceiling will be raised, while gains in Japanese conglomerate Sony...
-
Asian stocks dip amid debt ceiling concerns; Japan rallies on strong GDP
Investing.com -- Most Asian stocks moved in a flat-to-low range on Wednesday as markets remained on edge over slowing growth in China and the U.S. debt ceiling, while Japan’s Nikkei rallied...
-
Asian stocks creep higher, China lags on disappointing data
Investing.com -- Most Asian stock markets rose on Tuesday, tracking some overnight resilience in U.S. equities as markets awaited more cues on the world’s largest economy, although broader...
-
Asian stocks dip ahead of Chinese data, Fed cues
Investing.com -- Most Asian stock markets retreated on Monday as investors hunkered down before a string of Chinese economic readings, while monetary policy signals from a slew of Federal...
-
Asian stocks dip amid economic concerns, Japan buoyed by earnings
Investing.com -- Most Asian stock markets fell on Friday, capping off a week marked by soft economic readings and a worsening outlook for the year, although Japan’s Nikkei blazed past...
-
Asian stocks sink amid pre-CPI angst, China extends losses
Investing.com -- Most Asian stocks sank on Wednesday as markets hunkered down before key U.S. consumer inflation data due later in the day, with Chinese bourses down for a second straight...
-
Asian stocks advance ahead of Chinese, U.S. inflation data
Investing.com -- Most Asian stocks rose on Monday, rebounding from recent losses following a rally on Wall Street, with focus now turning to upcoming inflation data from the world’s...
-
Asian stocks drift higher, China sinks on disappointing data
Investing.com -- Most Asian stocks rose slightly on Friday, recovering a measure of recent losses as markets awaited more cues on a brewing U.S. banking crisis, while softer-than-expected...
-
Asian stocks skittish after the Fed, Chinese markets reopen stronger
Investing.com -- Most Asian stock markets kept to a tight range on Thursday as investors mulled over rising interest rates and a worsening economic outlook, although strong holiday spending...
-
Asian stocks slide as bank rout spills over, Fed rate hike awaited
Investing.com -- Most Asian stocks fell on Wednesday with losses skewed towards financial shares as a rout in U.S. banks spilled over, while investors also turned cautious before the...
-
Asian stocks muted amid economic fears, Fed decision awaited
Investing.com -- Most Asian stock markets kept to a tight range on Tuesday as concerns over worsening economic growth and a potential bank crisis weighed, with traders also turning cautious...
-
Asian stocks rebound tracking Wall Street gains, dovish BOJ
Investing.com -- Most Asian stocks rose sharply from recent lows on Friday, tracking an overnight bounce in Wall Street following a series of strong earnings, while a dovish outlook from the...
-
Asian stocks edge lower amid weak earnings, economic uncertainty
Investing.com -- Most Asian stocks fell further on Thursday, coming under pressure from a round of weak regional earnings, while concerns over slowing economic growth and a potential U.S....
-
Asian stocks dip on economic jitters, tech buoyed by strong results
Investing.com -- Most Asian stocks fell on Wednesday amid persistent fears of an economic slowdown this year, although technology-heavy indexes were aided by consensus-beating results from...
-
Asian stocks battered by technology rout, weak economic data
Investing.com -- Most Asian stocks fell further on Tuesday, with South Korea’s KOSPI plummeting on a soft GDP reading, while losses in U.S. technology stocks spilled over into regional...
-
Asian stocks dip as markets await central banks, economic cues
By Ambar Warrick Investing.com -- Most Asian stocks moved in a flat-to-low range on Monday as markets hunkered down before a slew of central bank meetings and economic readings due over the...
-
Asian stocks fall further amid recession, rate hike fears
By Ambar Warrick Investing.com -- Most Asian stock markets sank on Friday, extending losses into a third straight session as concerns over an economic slowdown were exacerbated by weak data,...
-
Asian stocks sink as China optimism runs dry, Fed in focus
By Ambar Warrick Investing.com -- Most Asian stock markets fell on Wednesday as uncertainty over the path of U.S. monetary policy largely outweighed optimism over an economic recovery in...
-
Asian stocks muted as rate hike fears offset Chinese GDP optimism
By Ambar Warrick Investing.com -- Most Asian stock markets traded in a flat-to-low range on Tuesday as fears of rising U.S. interest rates largely offset optimism over stronger-than-expected...
-
Asian stocks rise as markets look to end of rate hikes
By Ambar Warrick Investing.com -- Most Asian stock markets rose on Friday as softening inflation spurred growing expectations that global central banks will hold off from tightening policy...
-
Alibaba's Hong Kong shares slump on SoftBank's stake sale report
By Kiyoshi Takenaka and Ankur Banerjee TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba (NYSE:BABA) Group...
-
Asian stocks dip on pre-CPI angst, Hong Kong slides on Tencent losses
By Ambar Warrick Investing.com -- Most Asian stock markets traded in a flat-to-low range on Wednesday amid growing caution ahead of key U.S. inflation data, with Hong Kong’s Hang Seng...
-
Marketmind: Markets exhale after OPEC+ shock; RBA hits pause
By Kevin BucklandA look at the day ahead in European and global markets from Kevin BucklandAsian investors continued to weigh the impact of OPEC+'s surprise weekend decision to cut output,...
-
Asian stocks muted as manufacturing slowdown, oil rally brew uncertainty
By Ambar Warrick Investing.com -- Asian stocks kept to a small range on Tuesday as a raft of weak manufacturing data raised concerns over slowing economic growth, while a spike in oil prices...
-
Asian stocks rise, Hang Seng boosted by more tech splits
By Ambar Warrick Investing.com -- Most Asian stocks rose on Friday and were headed for a positive quarter amid easing fears of a banking crisis, with Hong Kong stocks leading gains on...
-
Asian stocks drift lower amid China uncertainty, Australia outperforms
By Ambar Warrick Investing.com -- Most Asian stocks fell on Thursday, with Chinese indexes under pressure from concerns over slowing economic growth and worsening Sino-U.S. ties, while...
-
Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng
By Ambar Warrick Investing.com -- Most Asian stock markets rose on Wednesday as regulators further downplayed fears of a banking crisis, while Hong Kong’s Hang Seng index rose sharply as...
-
China’s Baidu scraps showcase of ChatGPT rival, shares sink
By Ambar Warrick Investing.com -- Chinese internet firm Baidu Inc (NASDAQ:BIDU) on Monday canceled a planned livestream for the launch of its artificial intelligence-driven ChatGPT rival...
-
Asian stocks subdued amid banking woes, economic fears
By Ambar Warrick Investing.com-- Most Asian stock markets fell on Friday as comments from U.S. regulators failed to entirely quell fears of a banking crisis, while concerns over slowing...
-
Chinese tech stocks rise, Tencent surges on strong FY results
By Ambar Warrick Investing.com -- Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings,...
-
Asian stocks mixed as markets digest Fed comments, rate outlook
By Ambar Warrick Investing.com -- Most Asian stock markets moved in a flat-to-low range on Thursday as markets weighed the prospect of a less hawkish Federal Reserve against increased...
-
Asian stocks slip on weak Chinese data, Fed jitters persist
By Ambar Warrick Investing.com -- Most Asian stocks edged lower on Thursday as weaker-than-expected Chinese inflation data pointed to a sluggish economic recovery in the country, while fears...
-
Alibaba, JD's Hong Kong shares rally as Michael Burry takes stakes
By Ambar Warrick Investing.com -- Hong Kong-listed shares of Chinese technology giants Alibaba (HK:9988) and JD.com (HK:9618) rallied on Thursday after Michael Burry’s Scion Asset...
-
Asian stocks rebound, Hong Kong leads gains on ‘Big Short’ bets
By Ambar Warrick Investing.com -- Asian stock markets recovered sharply from recent losses on Thursday as affirmations of more Chinese stimulus boosted regional sentiment, with Hong...
-
Asian stocks rise tracking Wall St, CPI caution limits gains
By Ambar Warrick Investing.com -- Most Asian stocks rose on Tuesday tracking some overnight strength in Wall Street, although caution in anticipation of more cues on the U.S. economy from...
-
European stocks edge mostly lower ahead of key U.S. labor market data
By Scott Kanowsky Investing.com -- European equities were broadly lower on Friday, as investors poured over disappointing results from major tech sector players and looked ahead to key U.S....
-
Asian stocks cautiously higher ahead of Fed meeting
By Ambar Warrick Investing.com -- Most Asian stock markets rose on Wednesday tracking overnight gains on Wall Street, with traders now awaiting more cues on U.S. monetary policy from a...
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
