Hong Kong’s Hang Seng slips as Alibaba shares drop 9% after disappointing earnings

View in Browser  |  Forward to a Friend Fri, 19 Nov 2021 MORNING SQUAWK APAC TOP NEWS          GUEST HIGHLIGHTS DJIA 35,870.95 60.10 -0.17%  S&P 500 4,704.54 15.87 +0.34%  NASDAQ 15,993.71 72.14 +0.45%  HSI 24,992.52 327.20 -1.29%  STI 3,237.53 0.51 +0.01%  ASX 200 7,385.90 6.70 +0.09%  Quotes and charts as of Fri, 19 Nov 2021 10:19 AM +08. Top News Fri, 19 Nov 2021 10:17 AM +08 Hong Kong's Hang Seng slips as Alibaba shares drop 9% after disappointing earnings Alibaba on Thursday missed revenue and earnings expectations for the September quarter, as slowing economic growth in China weighed on results. Thu, 18 Nov 2021 07:06 PM +08 Evergrande default is highly likely, S&P says Highly indebted developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said. Fri, 19 Nov 2021 07:59 AM +08 Millions of people quit their jobs in the 'Great Resignation.' Here is why it may not last long More than 4.4 million people quit their jobs in September, but there's more to the "Great Resignation" than just worker dissatisfaction. Fri, 19 Nov 2021 07:41 AM +08 Alibaba shares drop 11% as its slashes guidance and earnings plunge on China's slowdown Alibaba has been a victim of China's crackdown on its technology industry which has seen a slew of new regulation brought in from antitrust to data protection. Fri, 19 Nov 2021 10:05 AM +08 Biden says the U.S. is considering a diplomatic boycott of the Beijing Winter Olympics Under a diplomatic boycott, American athletes would still compete in the Beijing Winter Olympics, but U.S. government officials would not attend the games. Guest Highlights – Today on CNBC All times given in SIN/HK. 07:40 Stefan Oelrich Bayer, President, Pharmaceutical Bayer & pharma business in Southeast Asia 09:30 William Ma GROW Investment Group, CIO China markets & Alibaba earnings 09:45 Kang Wu S&P Global Platts, Head of Global Demand and Asia Analytics Oil outlook 10:40 Gil Luria D.A. Davidson & Co., Director of Research Alibaba & JD.com earnings 11:00 Vijay Shekhar Sharma Paytm, Founder and CEO IPO listing . Terms Privacy Policy Unsubscribe Advertise with us