Asian shares jumped to a 3-month high on China tech rally

February 22, 2025

Catenaa, Friday, February 21, 2025 – Asian stocks climbed to a three-month high on Friday as investors rallied around Chinese tech stocks with enthusiasm for Artificial Intelligence(AI). MSCI’s broadest index of Asia-Pacific jumped more than 1% to its highest since November 8 on Friday, putting the index on track for a sixth straight week of gains, the […]

BYD Market Value Hits $162B with 5-Minute Battery Charge

March 18, 2025

Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]

BYD Price Cuts Drag Down China Auto Stocks

May 26, 2025

Catenaa, Monday, May 26, 2025- China automakers stocks fell on Monday after industry leader BYD offered fresh incentives on over 20 models and Great Wall Motors CEO warned that the world’s largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD closed 8.6% lower, while Geely Auto fell 9.5%. Others, such […]

HK Tech Index rises to 3-Year High with AI Surge

February 18, 2025

Catenaa, Tuesday, February 18, 2025 – Hong Kong’s (HK) Hang Seng TECH Index, which represents the 30 largest listed technology companies, recorded a 3-year high on Tuesday after it gained over 3% fueled by the Al rally and promised relief by Chinese President Xi Jinping. Hoever, China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes moved little […]