China Stocks RIP: +9.08% HANG SENG, Alibaba Stock +27.30%, JD.COM +35.64%, Meituan +32.08%, China pledges to Support Markets and Ease Crackdowns

Posted by Mr. Sultan

China Stocks

  • HUGE RIPS SEEN IN CHINA STOCKS 
  • BIG 20%, 30% BOUNCES AT CLOSE IN HONG KONG MKT
HANG SENG INDEX

20,087.50 +1,672.42 (+9.08%)
AT-CLOSE


Hong Kong’s Hang Seng index surges 9%, best day
since October 2008

https://www.cnbc.com/2022/03/16/asia-markets-us-federal-reserve-covid-in-china-russia-debt-payment-currencies-oil.html

China pledges to support markets, ease crackdowns

FT: Hong Kong stocks climb on China’s pledge to support markets

https://www.ft.com/content/8363b154-61ed-495b-bb10-55a5e6d4d027


Bloomberg: China Makes Strong Vow to Ease Crackdowns 

Alibaba and JD.com soar as China pledges to s
upport markets and economy 


CHINA STOCKS

HUGE MOVES IN HONG KONG AT-CLOSE

ALI BABA STOCK

Alibaba Group Holding Limited (9988.HK) 

$90.70 HONG KONG DOLLAR

+27.30%

AT-CLOSE


JD.COM STOCK

JD.com, Inc. (9618.HK)

$219.60  HONG KONG DOLLAR 

+35.64%

AT-CLOSE

Meituan Stock

Meituan (3690.HK)

$140 HONG KONG DOLLAR

+32.08%

AT-CLOSE


YAHOO FINANCE CLIP: JD.com, Alibaba stocks gain after China pledges to support markets




CHINA STOCKS BOUNCE AFTER FRESH LOWS IN MORE THAN 6 YEARS


"Hong Kong’s Hang Seng Index surged in Wednesday afternoon trading, after closing Tuesday at fresh lows not seen in more than six years."

China says it will support Chinese IPOs abroad, calls for 
closure on tech crackdown


WSB THREADS

CCP China Just Vowed to Support China Stocks


EARLY
IN JULY OF
2021

CHINA STOCK MARKET CRASH 2021: -8% HANG SENG INDEX In 2 Days; Meituan Stock -17%; Tencent -8.98%; Alibaba -6.35%

https://www.stockmarket-blog.com/2021/07/china-stock-market-crash-2021-hang-seng.html


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STOCK DISCLOSURES
AUTHOR POSITIONS IN ANY Stocks/Options LONG/OR SHORT WRITTEN IN THIS POST: CURRENT AND LAST 30 DAYS: Non
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