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China tech stocks are making a big comeback

Tiger Newspress2021-10-11

China tech stocks are making a big comeback in premarket trading on relief over Meituan Fine.Alibaba,Pinduoduo,JD.COM,NetEase,Baidu,Didi Global,Bilibili and Tencent music climbed between 1% and 6%.

Chinese technology stocks continued their rebound on Monday after Beijing slapped a smaller-than-expected fine on food delivery giant Meituan.

Hong Kong’s Hang Seng Tech Index jumped as much as 3% in a third day of gains after closing at a record low on Wednesday. Meituan rose as much as 8.4%, making it the top performer on the gauge. The stock also boosted the broader Hang Seng Index, which gained as much as 2%.

“The momentum continues in buying Alibaba after Munger,” said Steven Leung, executive director at UOB Kay Hian in Hong Kong.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论62

  • JeremyKok
    ·2021-10-13
    Why tiger broker is not in the list? Tiger is still in the $10++ range did not raise much. Ali baba went up but not yet back to it's $200++ range still got chance to buy more.
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  • Dalang
    ·2021-10-12
    .... valuation back to more reasonable.?
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  • AlphaOmega
    ·2021-10-12
    Let see how long it can last. Please show me the power. 
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    收起
  • Gaga71
    ·2021-10-12
    Time to fly!
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    • JackTL
      didi chiong
      2021-10-12
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  • Tjunyuan
    ·2021-10-11
    [Happy] 
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  • SamYYL
    ·2021-10-11
    Good and like 
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  • cyqt123456
    ·2021-10-11
    Just waiting for this
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  • wwwwwl
    ·2021-10-11
    Go up more!!!
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  • Deonc
    ·2021-10-11
    They are good companies. Please like and comment.
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    • wwwwwl
      k
      2021-10-11
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    • Deonc
      [Happy]
      2021-10-11
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    • Deonc
      Thanks
      2021-10-12
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    查看更多 2 条评论
  • Tanyl
    ·2021-10-11
    AlibaI got an option in Alibaba
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  • HENRYCSC
    ·2021-10-11
    Baba
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  • LionCaleb
    ·2021-10-11
    Comeback but cannot destroy the throne. 
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  • MetalGuru
    ·2021-10-11
    Good market sentiment, pour some on NIO & XP 
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  • 来人
    ·2021-10-11
    Nice. 
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  • MHh
    ·2021-10-11
    Music to the ears of those who hold these shares[Cool] 
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    • MHh
      [Cool]
      2021-10-11
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    • Kinokinok
      yeah
      2021-10-11
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    • MHh
      [USD]
      2021-10-11
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    查看更多 1 条评论
  • Kmyong
    ·2021-10-11
    👍🏽👍🏽👍🏽👏👏👏
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    • hpt
      Good
      2021-10-11
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  • koolgal
    ·2021-10-11
    Charlie Munger must be celebrating the turnaround in Alibaba's stock price!  So do Alibaba fans too!  It's simply amazing! Baba to the moon! 👍😊🚀🚀🚀🌛🌛🌛
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    • JJ918
      [Smile]
      2021-10-11
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    • 滚股怪
      Yes up more
      2021-10-11
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    • John_Chew
      Flipping of China Market?
      2021-10-11
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    查看更多 2 条评论
  • Delfort
    ·2021-10-11
    Thanks for sharing
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  • Steve81
    ·2021-10-11
    Jiayou jiayou
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    • Steve81
      Go go go
      2021-10-11
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  • Hangen
    ·2021-10-11
    Tell me your opinion about this news...
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    • Tchwee56
      Like please
      2021-10-11
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