On Monday, stocks in Hong Kong fell while investors observed bitcoin prices after falling sharply during the weekend. Oil prices surged during Asia trade. As tech stocks declined, the Hang Seng index in Hong Kong dropped 1.27%. JD fell more than 4%, while Tencent was below 2.69%. In early trade, Alibaba shares in Hong Kong dropped approximately 8.5% but later increased slightly to 5.35%. The company announced Maggie Wu’s successor Toby Xu, the company’s deputy Chief Financial Officer, as Chief Financial Officer.
That change will be valid at the beginning of April next year. That happened after Friday’s declines in shares of Chinese companies listed in the US. It resulted from dropping on concerns about the stricter regulatory investigation after Didi declared it would leave the New York Stock Exchange.
Four new stocks, including Chinese JD and Netease, joined the benchmark Hang Seng index. This latest update increased the number of stocks from the current 60 stocks to 64. In the meantime, troubled Evergrande (Chinese property developer) will leave the China Enterprises Index. Evergrande, entangled in debt problems, said that it had received a demand to return approximately $250 million. The company said that if it cannot meet its financial obligations, it might lead to creditors asking for the acceleration of repayment.
Evergrande shares fell more than 13%. However, stocks from Mainland China increased. The Shanghai Composite surged 0.38%, while the Shenzhen component increased by 0.17%.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 89.2% | 8 | $36 947.77 | -1.06% | -1.21% | $722 517 987 780 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Ethereum predictions | 76% | 49 | $2 006.98 | -1.94% | -0.25% | $241 327 503 957 | ||
3 | ![]() |
Tether predictions | 93.2% | 1 | $1.000106 | -0.01% | -0.03% | $88 908 308 061 | ||
4 | ![]() |
Binance Coin predictions | 81.6% | 28 | $225.88 | -1.16% | -13.20% | $34 266 144 454 | ||
5 | ![]() |
XRP predictions | 76.8% | 42 | $0.599360 | -0.94% | -1.73% | $32 255 761 880 | ||
6 | ![]() |
USD Coin predictions | 94% | 1 | $0.999945 | 0% | 0.02% | $24 452 239 909 | ||
7 | ![]() |
Solana predictions | 56.8% | 87 | $54.93 | -1.57% | -2.13% | $23 259 800 805 | ||
8 | ![]() |
Cardano predictions | 70% | 62 | $0.370958 | -3.20% | -3.22% | $13 094 166 560 | ||
9 | ![]() |
Dogecoin predictions | 75.2% | 48 | $0.077136 | -4.06% | 0.31% | $10 954 291 481 | ||
10 | ![]() |
Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
11 | ![]() |
TRON predictions | 81.2% | 27 | $0.101641 | -4.10% | 0.18% | $9 001 259 365 | ||
12 | ![]() |
Wrapped TRON predictions | 82% | 30 | $0.101320 | -4.87% | 0.51% | $8 972 888 283 | ||
13 | ![]() |
Toncoin predictions | 80% | 31 | $2.43 | 2.70% | 4.28% | $8 334 169 287 | ||
14 | ![]() |
Chainlink predictions | 63.6% | 69 | $13.97 | -3.35% | -1.89% | $7 781 668 263 | ||
15 | ![]() |
Avalanche predictions | 57.6% | 86 | $19.69 | -3.93% | -5.98% | $7 187 470 859 |
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2023 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.