Chinese ADRs Shine. iQiyi up 21%; Xunlei up 19%; Kingsoft Cloud up 5%; Bilibili, CHAU, YINN up 2%; NIO, XPeng up over 1%
Some Chinese ADRs jumped on Monday. iQiyi up 21%; Xunlei up 19%; Kingsoft Cloud up 5%; Bilibili, CHAU, YINN up 2%; NIO, XPeng up over 1%.A gauge of Shanghai-listed stocks is set for its highest close...
DBS, OCBC, and UOB’s STI Weight Rises to 54.3% in 2024
The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding.The combined weightage of DBS, OCBC, and UOB in the Straits Times Index (STI) has risen to 54.3
Apple stock was under pressure on Friday, with its iPhone event just days away. Here's how to trade the stock from here.Shares of Apple Report fell $5.10, or 3.31%, to end at $148.97 Friday, as investors digested recent news and prepared for the iPhone event next week.On Sept. 14, the company will hold a virtual event to introduce the new device. Dubbed “California Streaming,” it’s expected that Apple will introduce its new iPhone and Apple Watch.However, Apple remains in the news for other reas