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Alibaba (BABA.N) fell more than 1% after the company completed a $10 billion share placement in Hong Kong.

2026-08-24

Alibaba (BABA.N) fell more than 1% after the company completed a $10 billion share placement in Hong Kong.

Other News
2026-08-24

China A-shares midday: Shanghai Composite -0.71%, Shenzhen Component -2.44%, ChiNext -3.50% at noon. Precious metals rose, with Xiaocheng Technology and Hunan Baiyin up more than 9%. Coal stocks rallied; Meijin Energy and Shanghai Energy hit the dail

China A-shares midday: Shanghai Composite -0.71%, Shenzhen Component -2.44%, ChiNext -3.50% at noon. Precious metals rose, with Xiaocheng Technology and Hunan Baiyin up more than 9%. Coal stocks rallied; Meijin Energy and Shanghai Energy hit the daily limit. Electronic components plunged, led by Zhongying Technology (-10%+); Jianghai, Jinlu Electronics, Zhongjing Electronics, Fangzheng Technology and Xingsen Technology also declined. CRO sector sharply lower: Haite Bio fell over 10%, followed by Meinonah, Yiqiao Shenzhou, Noweizan, Tigermed and Yaoshi Technology. Electronic chemicals opened lower and extended losses; Fangbang dropped over 10%, with Zhongjuxin, Weiteou, Wanrun, Hongchang Electronics and Guoci Materials also down.
2026-08-24

Russia is set to receive the first seaborne gasoline shipment from Turkey, with about 200,000 barrels en route. Since late July, Russia's seaborne gasoline imports have topped 1 million barrels.

Russia is set to receive the first seaborne gasoline shipment from Turkey, with about 200,000 barrels en route. Since late July, Russia's seaborne gasoline imports have topped 1 million barrels.
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