$BABA-SW(09988.HK)$ reduced its stake in $CLOUD MUSIC(09899.HK)$ by 3.9 million shares for over RMB350 million. $Alibaba(BABA.US)$ opened rising 1.2% at $74. Mobile phone parts stock $Q TECH(01478.HK)$ expects 1H24 consolidated profit to rocket up to 5x YoY, and its shares opened surging 6.7% at $4.29.
For other tech stocks, $TENCENT(00700.HK)$ opened 0.5% higher at $379.4, while $MEITUAN-W(03690.HK)$ , $XIAOMI-W(01810.HK)$ , $JD-SW(09618.HK)$ and $BIDU-SW(09888.HK)$ opened 0....

Shanghai Composite Index $SSE Composite Index(800146.HK)$ +0.79%
Shenzhen Component Index $Shenzhen Component Index(399001.SZ)$ +1.81%
CSI 300 Index $CSI 300 Index(800122.HK)$ +1.02%
ChiNext Price Index +1.36%
Hang Seng Index $Hang Seng Index(800000.HK)$ +0.9%
HS Tech Index $Hang Seng TECH Index(800700.HK)$ +1.03%

$BIDU-SW(09888.HK)$ short volume climbing 😞

$Alibaba(BABA.US)$ better to delist from us...

Goldman Sachs released a research report stating that due to improved fundamentals, market expectation adjustments, and valuations still being only marginally above a ten-year low, they believe the upside risk for $NTES-S(09999.HK)$ stock outweighs the downside risk. The firm maintains its "Buy" rating for the stock with a target price of HK$ 196. 
$NetEase(NTES.US)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $NASDAQ Golden Dragon China(.HXC.US)$

$BIDU-SW(09888.HK)$ what is Robin Li doing? rest of china stocks seems to be turning around already

$NetLink NBN Tr(CJLU.SG)$Why do people sell before Ex-date?

$Far East HTrust(Q5T.SG)$ curious the hospitality reits with low gearing haven’t been doing well inspite of improving gearing and profitability.

Back in beginning of April, I shared that China/HK stocks are showing sign of strength.
On top of the policies that China government impose, charts have  continuously formed higher low, and nearing a high - close to a breakout
$Direxion Daily FTSE China Bull 3X Shares ETF(YINN.US)$  YINN - leveraged ETF of $iShares China Large-Cap ETF(FXI.US)$ FXI, it tracks the big cap of China companies, have similar price movement but 3 times leveraged. I made my buying ...

$BIDU-SW(09888.HK)$Looks like volume of shorts are piling on the way up.  Must hurt them at some point.  Wonder why the investment banks are still selling aggressively?  Maybe those exotic structures that are reported online where customers lose money...