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What to Watch in the Week Ahead and on Monday, November 24

The week ahead features key economic data releases across the U.S., Mexico, Canada, and Latin America. Highlights include the U.S. manufacturing index, retail sales, PPI, consumer confidence, and durable goods orders. Mexico's inflation data, Canada's GDP and current account balance, and Brazil's economic indicators are also expected. Corporate earnings reports from Dell, Deere, Kohl's, Best Buy, and Alibaba are anticipated, with focus on AI, consumer spending, and tariff impacts.

Reuters·
US
BBY
+4.50%
US
BABA
+0.44%
HK
09988
-4.65%
Reuters·
US
BBY
+4.50%
US
BABA
+0.44%
HK
09988
-4.65%

Net outflow of HKD 5.143 billion from the Hong Kong Stock Connect Yingfu Fund

The Hong Kong Stock Connect saw a net outflow of HKD 5.143 billion from the Tracker Fund, while the northbound capital inflow into Tencent, Xiaomi Corporation, and Alibaba reached HKD 1.736 billion, HKD 1.268 billion, and HKD 1.158 billion, respectively. The highest net capital inflow among active stocks in the Hong Kong Stock Connect (Shanghai) and Hong Kong Stock Connect (Shenzhen) was Tencent, while the stock with the highest net outflow was the Tracker Fund. The total net outflow for the day was HKD 0, with a total transaction volume of HKD 118.147 billion, accounting for 41.35% of the total market transaction volume

AASTOCKS·
US
TCEHY
+1.45%
US
TCTZF
+0.93%
HK
00700
-1.77%
AASTOCKS·
US
TCEHY
+1.45%
US
TCTZF
+0.93%
HK
00700
-1.77%

Market Review: Hang Seng Index falls 2%, Alibaba and Baidu under pressure, LINK REIT drops over 7%

The Hang Seng Index fell by 2%, with Alibaba and Baidu's stock prices under pressure, and LINK REIT dropping over 7% again. U.S. stocks rose and then fell overnight, and Hong Kong stocks are down today. The U.S. non-farm payroll data for September exceeded expectations, raising market concerns about the Federal Reserve's future interest rate cuts. The Hang Seng Index has accumulated a decline of 5.1% this week, while the Hang Seng TECH Index fell by 7.2%. Concerns about the U.S. AI stock bubble have intensified, with Alibaba and Baidu's stock prices dropping by 4.7% and 5.8%, respectively

AASTOCKS·
US
BIDU
+1.29%
HK
09888
-5.79%
HK
00823
-7.47%
AASTOCKS·
US
BIDU
+1.29%
HK
09888
-5.79%
HK
00823
-7.47%

Hong Kong stock market closing | Hang Seng Index fell 2.38%, technology sector led the decline, Alibaba plummeted 4.65%, Xiaomi strengthened against the trend

The three major indices of the Hong Kong stock market all fell back, with the overall atmosphere of the data being relatively weak, and a clear divergence in the technology and consumer sectors. Alibaba led the decline among the leaders, while Xiaomi Group rose against the trend, becoming the focus of attention in the market. The macro environment remains stable, and there are significant structural differences in the capital flow of popular stocks and high-volume leaders

Market Heartbeat·
HK
09988
-4.65%
HK
01810
+1.01%
HK
00700
-1.77%
Market Heartbeat·
HK
09988
-4.65%
HK
01810
+1.01%
HK
00700
-1.77%

According to the "All-Day Express," the Hang Seng Index fell by 615 points; the Hang Seng TECH Index dropped by 179 points, and Alibaba fell by over 4% with strong trading volume

The Hang Seng Index fell by 615 points, closing at 25,220 points, a decrease of 2.4%. The Hang Seng TECH Index dropped by 179 points, closing at 5,395 points, a decline of 3.2%. Alibaba fell by 4.7%, closing at 147.6 yuan. Other active stocks such as Meituan, Ping An, Hong Kong Stock Exchange, Tencent, etc., also experienced varying degrees of decline. JD Health, Xinyi Solar, and other constituent stocks saw larger declines

AASTOCKS·
US
MPNGY
+0.65%
HK
03690
-2.99%
US
TCEHY
+1.45%
AASTOCKS·
US
MPNGY
+0.65%
HK
03690
-2.99%
US
TCEHY
+1.45%
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$Alibaba(BABA.US)What’s going on? How did it drop this much?”

$Alibaba(BABA.US)The brutal e-commerce competition is taking its toll—Alibaba just got another reality check from the market 😅. The stock is down 3.53% over the past few days. Honestly, Alibaba‘s rev...

$Alibaba(BABA.US)Oh, been seeing $Alibaba(BABA.US) again these past couple days—edged down 0.52%, but the trading volume still topped $1.2 billion. Liquidity remains solid, no doubt. 🧐 With a market ...

$Alibaba(BABA.US)A bit disappointing.🙂‍↕️ Hoping to see the rally continue daily.