Tencent

Hong Kong Internet Shout out Gong Hee Fat Choi, week in review

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China last night Crane a week in review China released 2022 economic data this week. GDP grew +3.0% while retail sales fell -0.2%, less than expected. Chewy founder Ryan Cohen announces a stake in Alibaba and is calling for more share buybacks based on the company’s low valuation. Global economic leaders gather at the World … Read more

Markets Rise on Epic Foreign Influx as Internet Stocks Climb Wall of Worry, Week in Review

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China last night Crane a week in review China CPI for December was released at +1.8% vs +1.6% in November, meeting expectations of 1.8%. On Wednesday, the World Bank halved its global GDP growth forecast for 2023, though it expects China’s GDP growth to be ahead of the pack. The China Passenger Vehicle Association released … Read more