Brendan Ahern on Muck Rack

Brendan Ahern

Verified
New York
As seen in: Forbes, Flipboard, Seeking Alpha, The Boston Globe, EIN News, Cape Breton Post, NewsBreak, SaltWire Network, The Chronicle Herald, The Telegram (St. John's, NL), The Guardian (Charlottetown, PE) and
China/EM CIO responsible for +$6B Author of ChinaLastNight.com Personal opinions views & not advice KraneShares Funds' Prospectus & Disclosures bit.ly/1dpbgsD
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Articles

China Market Update: Anti-Involution Comes To Battery Industry

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By Brendan Ahern Verified
| Forbes Verified
Key News Asian equities were mixed on rising expectations of another US interest rate cut, though Japan and Taiwan underperformed. China's currency, the renminbi (CNY), appreciated versus the US dollar (USD) to another 52-week high of 7.07 per USD. Media headlines are focused on November's purchasing managers' indexes (PMIs), which missed expectations.
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China Market Update: Meituan Reports Q3 Earnings, Week In Review

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By Brendan Ahern Verified
| Forbes Verified
Week in Review Asian equities were mostly higher for the week as Taiwan and Hong Kong's Hang Seng Tech Index outperformed, while Malaysia and Thailand underperformed. Alibaba reported third quarter earnings on Tuesday that beat top line revenue expectations, including better-than-expected growth in AI & cloud services, though profitability took a hit versus expectations.
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China Market Update: Alibaba Results On Cloud 9

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By Brendan Ahern Verified
| Forbes Verified
Alibaba Q2 Earnings Overview Alibaba reported fiscal year Q2 earnings after the Hong Kong close, as topline revenue beat expectations while adjusted net income and adjusted EPS missed. Revenue growth was impacted in Alibaba's year-over-year (YoY) comparison due to the elimination of the company’s Sun Art supermarket and Intime department store business. Topline revenue growth would have been up 15% YoY if we eliminated the two divested business lines from last year’s revenue.
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