Hong Kong stocks hit 6-month low as tech tumbles on persistent regulatory fears reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
JD Logistics, the logistics arm of Chinese mainland e-commerce giant JD, is likely to raise HK$24.1 billion ($3.1 billion) from its initial public offering in Hong Kong after pricing its shares at the lower half of an indicative range.
by Tyler Durden
Wednesday, May 26, 2021 - 07:52 AM
US equity futures rose on Wednesday, rebounding from a modest dip the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session. At 7:15 a.m. ET, Dow e-minis were up 82 points, or 0.24%, S&P 500 e-minis were up 14 points, or 0.33%, and Nasdaq 100 e-minis were up 51.25 points, or 0.38%. Treasuries and the dollar were roughly flat, recovering from an earlier drop. BItcoin soared back over $40,000, rising as much as 8.6%, before paring gains.
Among the notable premarket moves were retail trader favorites GameStop and AMC which surged in U.S. premarket trading, adding to Tuesday’s rally as investors touted the stocks on social media platforms including Twitter, Stocktwits and trader WallStreetBets. The gains will add to losses for short-sellers of the stocks who have already seen $6
(Bloomberg) A rally in consumer and financial shares helped propel China’s stock benchmark toward its highest level in more than two months, amid signs of rising investor risk appetite and easing inflation concerns.
The CSI 300 Index rose 2.
China Stocks Surge to Highest Since March on Consumer Rally yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.