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Trip.com Beats Expectations, Alibaba Investor Day Kicks Off As Hong Kong & China Stabilize

December 17, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
Key News Asian equities followed the US equity market higher after the Fed’s announcement of three hikes in 2022 yesterday. Mainland news was positive as PBOC head Yi Gang spoke to policy support while the post CEWC policy meeting yesterday also gave an indication of top-down economic support with a particular emphasis on private companies. The Hang Seng was down for the majority of the trading day prior to rallying into the close +0.23% as volume increased 8% from yesterday though still just 81% of the 1-year volume. The market sentiment seemed cautious ahead of the expected US Commerce Department...
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