The leading tech stocks surged across the board, with Alibaba rising over 5% and Tencent hitting a four-year high before earnings!
On August 13th, Hong Kong stocks surged across the board, with tech giants such as Alibaba and Tencent performing outstandingly, rising 5.4% and over 3% respectively. Market sentiment was driven by positive factors both domestically and internationally, especially the heightened expectations for a Federal Reserve interest rate cut. Tencent is set to release its financial report, and analysts expect its revenue to grow by 11% year-on-year
Source: LB Select The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments