Top Hang Seng Index stocks to watch this week: Alibaba, Baidu, Trip, HSBC
The Hang Seng Index has recently pulled back, currently at H$26,413, reflecting trends in global indices. This week, key stocks to watch include Trip.com, which is set to release its financial results after a significant drop in stock price, falling 33% from its peak this year and becoming the worst performer on the index. Other notable companies include Alibaba, Baidu, and HSBC.
The Hang Seng Index has pulled back in the past few weeks, moving from a high of H$26,413 in January to the current H$26,413. This pullback has mirrored the performance of other global indices like the Nasdaq 100 and S&P 500. This article explores the top Hang Seng companies to watch this week. Trip.com Trip, a top Chinese travel group, will be in the spotlight this week as it publishes its financial results. Its numbers will come as its stock has crashed to $415, its lowest level since April last year. It has plunged by 33% from its highest level this year and is the worst-performing Hang Seng Index company this year. Trip’s stock crashed after publishing its financial results…
