Alibaba and two other Chinese tech giants have filed new IPOs in Hong Kong to hedge against an escalation of the trade war.
News & Analysis: NetEase
Modest gains for the market made these two stocks stand out.
NetEase didn't disclose how much it's seeking to raise and the timing for the listing.
Combined NetEase and JD.com could raise as much as $5 billion via the secondary offerings.
These two stocks led the index lower.
NTES earnings call for the period ending March 31, 2020.
The Chinese gaming and online services giant hit an all-time high on Tuesday, just before putting out another blowout quarterly report.
The business models of Tencent and NetEase are well-insulated from the adverse effects of the coronavirus.
This tech stock is well-insulated from the coronavirus crisis.
NTES earnings call for the period ending December 31, 2019.