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Stock impact report

Mainland Traders Sell a Record $3.5 Billion of Hong Kong Stocks [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
Onshore traders offloaded HK$27.7 billion ($3.5 billion) worth of shares through the trading link between the mainland and Hong Kong Thursday, according to data compiled by Bloomberg. The selling weighed on the city's equity benchmarks, with the Hang Seng Tech Index erasing a gain of 1.8% to fall 0.7%. Most Read from Bloomberg NYC Hudson Yards-Area Apartment Tower Sells for $129 Million Adding Up What Urban Highways Really Cost NYC Congestion Pricing Program Can Continue, US Judge Rules Supreme Court Preserves NY GOP-Held Congressional District How to Fireproof a Neighborhood “Heightened geopolitical uncertainty in the Middle East is amplifying volatility risks for Hong Kong stocks, while China's onshore market is finding more stability in the near term after the policy anchor of the Two Sessions,” said Shen Meng, a director at Beijing-based investment bank Chanson & Co. Chinese onshore investors have been a crucial source of support for Hong Kong's equity market, sna Show less Read more
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