Kioxia Rises, HSBC Drops, MiniMax Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kioxia’s shares rose as much as 12% in Tokyo after the memory chipmaker announced a share buyback and analysts said the outlook for demand is positive.
- HSBC shares dropped after a report that China is expanding its personal income tax to include any returns from insurance policies in Hong Kong.
- MiniMax, Luxshare and CCTC are added to the universe of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect effective Thursday, according to statements. MiniMax rises as much as 12% in Hong Kong, extending its two-day rally to more than 20%
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