Chinese Tech Stocks Plunge From 3 Year High To Correction In Just 5 Days [zero hedge]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
tencent.com/en-us/investor.html
Company Research
Source: zero hedge
Chinese Tech Stocks Plunge From 3 Year High To Correction In Just 5 Days For those whose heads are still spinning from the furious speed of the recent plunge of the S&P into correction, here's round two: overnight Chinese tech stocks extended their recent drop, and fell from a three-year high to the brink of a correction in just five sessions, fueled by a lack of positive surprise in earnings and rapidly cooling sentiment. The Hang Seng Tech Index dropped 3.8% on Tuesday, extending its slide from a March 18 high to nearly 10%. And if one goes back to the March 6 high, the Index is already in a 10% correction. The broader MSCI Asia Pacific Index declined as much as 0.4%, reversing a gain of 0.5%, dragged down by Chinese internet stocks Alibaba an
Read more
Impact Snapshot
Event Time:
TCEHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCEHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCEHY alerts
High impacting TENCENT HLDGS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
TCEHY
News
- Assassin's Creed-maker Ubisoft's shares surge 11% on deal to spin off top game franchises [CNBC]CNBC
- Ubisoft seen up 13-15% after it sets up Tencent-backed subsidiary [Yahoo! Finance]Yahoo! Finance
- China's Tech Giant Tencent: What You Need To Know [Barron's]Barrons
- Pony.ai wins first permit for fully driverless taxi operation in the center of China's Silicon Valley [MSNBC.com]MSNBC.com
- Pony.ai wins first permit for fully driverless taxi operation in the center of China's Silicon Valley [CNBC]CNBC
TCEHY
Earnings
- 3/20/25 - Beat
TCEHY
Analyst Actions
- 3/26/25 - Barclays PLC