Hong Kong's Hang Seng rises 3%; Alibaba shares soar after earnings report

MORNING SQUAWK APAC Friday, 27 May 2022 Hong Kong's Hang Seng rises 3%; Alibaba shares soar after earnings report Chinese tech giant Alibaba reported Thursday fourth-quarter earnings that were above analyst expectations. » Read more China holds an unprecedented, massive videoconference on the economy China held a rare nationwide meeting via teleconference Wednesday to bolster an economy battered by Covid. » Read more India wants to be the 'pharmacy of the world.' But first, it must wean itself from China Already the world's third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally. » Read more George Soros says Russia's gas storage is almost full — and Europe should hold its nerve Billionaire investor George Soros says Putin is "obviously blackmailing Europe." » Read more Broadcom announces plans to buy VMware in $61 billion deal The deal would be one of the largest technology acquisitions of all time. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 12:30 Oriana Skylar Mastro Center Fellow, Freeman Spogli Institute for International Studies, Stanford University U.S.-China, Taiwan Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632