Express News | Hong Kong Stocks Trade Higher. Hang Seng Index Rises 2%, Hang Seng TECH Index Up 3%. Alibaba Soars Over 5%, Leading the Technology Sector, Tencent Rises 3%, $BIDU Surges Near 9%

Moomoo 24/721:55 ET

How to grasp the main line in a volatile market? Technology and Consumer dual-driven may be key.

Yesterday, the market fluctuated throughout the day, with a single-day transaction volume shrinking by over 200 billion. After experiencing last Friday's significant rise in volume, the Index's decline in volume and retracement is also reasonable, and the subsequent view will still lean towards a fluctuating upward structure.

cls.cn21:18 ET

Express News | Alibaba CEO Eddie Wu Is Pushing Comprehensive AI Rehabilitation of Alibaba's Existing Businesses -- Financial Times

Moomoo 24/721:12 ET

Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.

Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.

wallstreetcn18:45 ET

The focus of "Reevaluating Alibaba": Alibaba Cloud in the era of AI.

In the era of AI, with rapid changes, Alibaba Cloud is not only seen as Alibaba's new growth engine but also as a key factor for investors to reassess Alibaba's value.

wallstreetcnMar 17 05:52 ET

The market rebound has opened a new pattern, with Consumer finance taking turns to make efforts, and Technology stocks may face a restorative opportunity.

Last Friday, the market saw a significant rebound in trading volume, with the Shanghai Composite Index climbing back above 3400 points. After experiencing violent fluctuations in the middle of last week, the market again showed signs of breaking upwards. Although this does not mean that a new round of index-driven market movements will immediately begin, it fundamentally alleviates the concerns over the previous breakdowns, and the subsequent view should still be focused on a structure of oscillation upwards.

cls.cnMar 16 21:25 ET