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Hong Kong-listed companies ploughed record US$14 billion into buy-backs in 2023 as sell-offs made stock market the world s cheapest

The repurchasing spree has come as the Hang Seng Index heads for an unprecedented fourth straight year of decline, as China’s slowdown and aggressive interest-rate hikes in the US trigger foreign outflows.

Reviewing Zhongsheng Group (OTCMKTS:ZSHGY) & CarGurus (NASDAQ:CARG)

CarGurus (NASDAQ:CARG – Get Free Report) and Zhongsheng Group (OTCMKTS:ZSHGY – Get Free Report) are both auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, valuation, profitability and analyst recommendations. Analyst Recommendations This is a summary of recent ratings […]

Hong Kong stocks cautious as traders weigh earnings outlook; Baidu jumps on earnings beat

Hong Kong stocks were lower in early trade as caution prevailed with eyes on pending corporate earnings releases, but Baidu outperformed the broad market after unveiling better than expected results.

Asia report: Markets finish higher after wave of economic data

Asia report: Markets finish higher after wave of economic data
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Zhongsheng Group (OTCMKTS:ZSHGY) Trading Down 2 6%

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report)’s stock price fell 2.6% during trading on Tuesday . The stock traded as low as $29.76 and last traded at $29.87. 555 shares were traded during mid-day trading, a decline of 56% from the average session volume of 1,264 shares. The stock had previously closed at […]

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