Hong Kong: HANG SENG INDEX (.HSI) Rally May Stall The Hong Kong stock market has moved higher in back-to-back trading days, gathering almost 200 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 25,790-point plateau although investors may cash in on Wednesday. The global forecast for the Asian […]
Hong Kong: HANG SENG INDEX (.HSI) Investors buy on trade optimism, but long-term interest lacking Stocks in Hong Kong rose on Tuesday as Beijing and Washington are said to be preparing for fresh trade talks, helping investors overcome the overnight rout in the U.S. markets. The Hang Seng index gained 0.6 percent to 25792.87 and […]
Hong Kong: HANG SENG INDEX (.HSI) Govt relaxes rules on share buybacks Stocks in China and Hong Kong edged higher on Monday after government departments and regulators rolled out a series of measures over the weekend to support the private sector, including steps to make share buybacks easier. The Shanghai Composite index rose 0.7 percent […]
Hong Kong: HANG SENG INDEX (.HSI) Chinese regulator announced that it was setting lending targets for banks Chinese equities had set the tone for risk appetite earlier in the day, with the CSI300 down -1.4% and the Hang Seng down -2.4%. The Chinese regulator announced that it was setting lending targets for banks to private […]
Hong Kong: HANG SENG INDEX (.HSI) China’s big three telecoms firms rose on new network deals Hong Kong shares edged higher on Thursday following a Wall Street rally driven by relief that U.S. midterm elections produced no major surprises, and as China’s big three telecoms firms rose on new network deals. The Hang Seng index […]
Hong Kong: HANG SENG INDEX (.HSI) Asian markets mixed The East is red again. Chinese stocks have been hammered amid worries about slowing economic growth and an escalating trade dispute with the United States. China’s Shanghai Composite Index and Hong Kong’s Hang Seng Index are respectively down 20 per cent and 13 per cent this […]
Hong Kong: HANG SENG INDEX (.HSI) China premier talks up targeted policy support Hong Kong shares erased early losses and ended higher on Tuesday after China’s premier said the country would take targeted policy steps to support private companies. *At the close, the Hang Seng index was 0.7 percent higher at 26,120.96 points while the […]
Hong Kong: HANG SENG INDEX (.HSI) trade worries persist Hong Kong stocks were among the region’s biggest decliners. After ending last week with a 4.2% gain, the most in seven years, the Hang Seng Index HSI, -2.08% was down 2%. Trade worries persisted, as did concerns about the mainland economy, after a new report found […]
Hong Kong: HANG SENG INDEX (.HSI) bracing for more volatility We are now two months away from the end of the year, and half of the major Asian stock markets are down about 10 percent or more. Some have entered bear markets and in total, more than $5 trillion in market value has been wiped […]
Hong Kong: HANG SENG INDEX (.HSI) US-China trade war back in the spotlight Overnight on Wall Street, stocks closed lower following a Bloomberg News report that said the United States is preparing new tariffs against all remaining Chinese imports if trade talks between Presidents Donald Trump and Xi Jinping fail to reconcile the ongoing trade […]
Hong Kong: HANG SENG INDEX (.HSI) To Continue Losing Streak The Hong Kong stock market has finished lower in four straight sessions, tumbling more than 1,425 points or 5.6 percent along the way. The Hang Seng Index now rests just beneath the 24,720-point plateau and it’s in one for further damage on Monday. The global […]
Hong Kong: HANG SENG INDEX (.HSI) bumpy ride this week Hong Kong stocks dropped for a fifth straight week bringing the total loss for the period to 12.1 per cent, amid fears about the trade war and a downturn in the US market. There was some relief for mainland markets, which bounced back this week […]
Hong Kong: HANG SENG INDEX (.HSI) lowest level since May 9, 2017 Hong Kong shares dropped to their lowest levels in nearly 18 months on Thursday, while China’s main stock index turned around early losses after an overnight rout in the US spilled over into Asia. Hong Kong’s Hang Seng Index closed down 1.01 per […]
Hong Kong: HANG SENG INDEX (.HSI) mixed between positive and negative territory Asia markets ended mixed on Wednesday, following a turbulent trading session where stocks seesawed between gains and losses. The mainland Chinese indexes finished mixed, as the Shanghai composite gained 0.33 percent to close at 2,603.30 while the Shenzhen composite fell 0.23 percent at […]
Hong Kong: HANG SENG INDEX (.HSI) Beijing policy pledges wears off Hong Kong’s benchmark stock index lost more than 800 points on Tuesday, erasing all of Monday’s gains, as a short-lived rally in the Chinese market fizzled out and a sharp drop in US futures indicated deeper losses to come on Wall Street. The Hang […]
Hong Kong: HANG SENG INDEX (.HSI) lingering concerns over Beijing’s trade war Asia Pacific markets mostly rose on Monday as major Chinese indexes leaped more than 4 percent. The moves followed Friday’s rally in Chinese stocks as authorities took steps to support the market after the release of weaker-than-expected GDP data. One market observer, however, […]
Hong Kong: HANG SENG INDEX (.HSI) Worth Watching Hong Kong stocks also enjoyed a rebound on the day, with the Hang Seng Index HSI, +0.42% closing 0.4% higher, after falling almost 1% earlier. The index fell 1% for the week, ringing up its fourth straight weekly loss. Tencent shares 0700, +0.36% gained 0.6%, sunny and […]
Planning to Visit Hong Kong: The Must Knows Hong Kong is a large cosmopolitan city that you cannot compare to New York or London. To get the sense of Cantonese culture, you have to get out of HK Central and explore the outlying islands, New Territories, and surrounding fishing villages, and to help you get the most out […]
Hong Kong: HANG SENG INDEX (.HSI) little changed even amid declines elsewhere in the region After Wednesday’s holiday and strong regional gains, Hong Kong stocks were little changed even amid declines elsewhere in the region. The Hang Seng Index HSI, -0.03% was about flat. The energy sector declined following Wednesday’s crude-price slide. Oil giant CNOOC […]
Hong Kong: HANG SENG INDEX (.HSI) recover their poise after Fed jolt The Fed signaled its confidence in the U.S. economy by raising a key interest rate for a third time this year. It lifted its short-term rate — a benchmark for many consumer and business loans — by a quarter-point to a range of […]
Hong Kong: HANG SENG INDEX (.HSI) economic worries cap gains Stocks in Hong Kong ended higher on Tuesday, gaining a footing after recent losses, although data showing cooling factory-gate inflation in China for a third straight month in September and a warning from S&P on government debt curbed further gains. *The Hang Seng index ended […]
Hong Kong: HANG SENG INDEX (.HSI) worries the Trump Administration was stepping up its hardline approach Stocks listed in Hong Kong and China dropped on Monday, on worries the Trump Administration was stepping up its hardline approach to Beijing, which in turn sent markets lower across Asia. In Hong Kong, the benchmark Hang Seng Index […]
Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower Shares in Hong Kong rebounded on Friday after a global equity market rout saw the Hang Seng index fall 3.5 percent a day earlier, but ongoing concerns about the prospects for global trade and economic growth continue to dampen sentiment. The Hang Seng index ended […]
Hong Kong: HANG SENG INDEX (.HSI) down as Tencent plunges A sell off in Hong Kong and Chinese shares deepened following a slump in US equities amid persistent concerns about a trade war. The Hang Seng Index sank 3.8%, falling below the 26,000 support level, with every member of the gauge declining. Tencent Holdings Ltd., […]
Hong Kong: HANG SENG INDEX (.HSI) rise for first time in seven days Stocks listed in Hong Kong rose on Wednesday for the first time in seven days, as equities received a respite after a drop in US Treasury yields. The Hang Seng Index rebounded by 0.1 per cent, snapping a losing streak that had […]
Hong Kong: HANG SENG INDEX (.HSI) concerns over slowing growth Hong Kong shares ended lower on Tuesday as the Hang Seng index recorded its sixth consecutive day of loss, with concerns over slowing growth and the impact of an escalating Sino-U.S. trade war weighing on investor sentiment. At the close of trade, the Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) stocks retreat Asian stocks retreated on Monday as strong U.S. jobs data for September added to worries about rising interest rates and investors brushed aside central bank policy loosening in China. China’s Shanghai Composite index fell as much as 3.72 percent to finish at 2,716.51 as traders returned to […]
Hong Kong: HANG SENG INDEX (.HSI) prepare for even greater swings Prepare for even greater swings in the Hong Kong dollar and funding costs in the city, as a shrinking pool of liquidity amplifies moves in interest rates. Hong Kong’s one-week interbank borrowing cost rose the most in a decade on September 24 amid a […]
Hong Kong: HANG SENG INDEX (.HSI) market downtrend has further room to run Hong Kong stocks declined to a three-week low on Thursday after a surge in the US dollar overnight caused the city’s currency as well as offshore yuan to weaken, triggering pessimism over the economic outlook. The Hong Kong’s dollar has weakened by […]
Hong Kong: HANG SENG INDEX (.HSI) concerns linked to Sino-American trade Hong Kong shares fell in choppy morning trading on Wednesday as concerns linked to Sino-American trade and a strengthened U.S. dollar weakened investor confidence. The Hang Seng Index fell 0.5% to 26,985.84 by noon after changing direction at least four times. Insurer AIA Group […]
Hong Kong: HANG SENG INDEX (.HSI) closed at two-week low Hong Kong’s main Hang Seng index closed at a two-week low on Tuesday, dragged by financial and property stocks, while China’s H-shares index fell most in more than three months amid signs of weakness in China’s manufacturing sector. Traders said U.S. President saying it was […]
Hong Kong: HANG SENG INDEX (.HSI) Bearish Outlook The Hong Kong 50 Index (proxy for Hang Seng Index futures) had traded sideways below the 28000 key medium-term pivotal resistance with no major changes on its key technical elements. Therefore, maintain bearish bias as long as the 28000 pivotal resistance is not surpassed and a break […]
Hong Kong: HANG SENG INDEX (.HSI) Long Term Bearish Outlook In Hong Kong, the sub-index of the Hang Seng index tracking energy shares rose 3.5 percent, while the IT sector gained 1 percent. The top gainer on Hang Seng was PetroChina Co Ltd, up 5.02 percent, while the biggest loser was Country Garden Holdings Co […]
Hong Kong: HANG SENG INDEX (.HSI) stocks fall as new tariffs kick in China’s stock markets fell on Tuesday morning in their first trading session after fresh U.S. tariffs on $200 billion worth of Chinese imports kicked in on Monday, prompting retaliatory tariffs on $60 billion of U.S. imports to China. At the midday break, […]
Hong Kong: HANG SENG INDEX (.HSI) China calls off planned trade talks with Washington Hong Kong stocks tumbled on Monday after China cancelled trade talks with the US and accused it of “bullying” trade tactics, ending a four-day winning streak. The benchmark Hang Seng Index fell 1.6 per cent, or 454.19 points, to close at […]
Hong Kong: HANG SENG INDEX (.HSI) US imposed fresh tariffs on $200 billion worth of imports from China After the US imposed fresh tariffs on $200 billion worth of imports from China, the regional stock markets rose instead of falling. The Hang Seng Index was up 2.4 percent last week while the Shanghai Stock Exchange […]
Hong Kong: HANG SENG INDEX (.HSI) stocks enjoyed more gains Hong Kong stocks enjoyed more gains at the open on Thursday on growing optimism that China and the United States can reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.72 per cent, or 198.35 points, to 27,605.72 in early […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks Boosted by Beijing Pledge to step up investment in key areas Headline indices of the Hong Kong share market closed higher on Wednesday, 19 September 2018, with investor sentiment buoyed by gains on Wall Street overnight and gains in other Asian market today. Stocks were also boosted by […]
Hong Kong: HANG SENG INDEX (.HSI) Trade Fears Fade Hong Kong and mainland China markets bounced back from earlier losses to finish higher on Tuesday after the US unveiled a new round of tariffs on US$200 billion worth of imported Chinese goods.. The Hang Seng Index rebounded and is establishing a near-term support at about […]
Hong Kong: HANG SENG INDEX (.HSI) fall on fears over US-China tariffs standoff Asian shares were mostly lower Monday on reports that President Donald Trump will soon place tariffs on $200 billion more of Chinese goods, even as officials worked to iron out tensions between the world’s two largest economies. On Saturday, The Wall Street […]
America First, Financial Markets Briefing $SPY, $USD, $OIL, $USO, $USD, $CU Hong Kong, China equities slide Monday on trade concerns WS-J reporting Monday that China could skip trade talks with US Stocks in Asia opened the week under pressure after the latest US move to place a 3rd tranche of tariffs on Chinese goods, as […]
Hong Kong: HANG SENG INDEX (.HSI) Plunges into Bear Market Hong Kong’s stock market is caught in a perfect storm. Fears about the trade war, emerging markets, China’s slowing economy, and individual stocks pushed the city’s benchmark Hang Seng Index (HSI) into a bear market on Tuesday. The index ended the day 0.7% lower, closing more than 20% […]
Typhoon Mangkhut Killed 28 in Philippines, Now Hammering South China Hong Kong and southern China are on Red Alert Sunday as strong winds and heavy rain from super Typhoon Mangkhut lashed the densely populated coast, a day after the biggest storm of the year left at least 28 dead from landslides and drownings in the […]
Philippines Seeing Typhoon Manghut’s Damage, Casualties, Heavy Rains Saturday, Philippine officials were assessing damage and checking on possible casualties as Typhoon Mangkhut pummeled the northern breadbasket with ferocious wind and rain that set off landslides, damaged an airport terminal and ripped off tin roofs. There are no immediate deaths reported but Defense Secretary Delfin Lorenzana […]
China Disappears A-List Actress Fan Bingbing Fan Bingbing, 36 anni, an A-list Chinese movie star who has appeared in the “X-Men” and “Iron Man” film franchises, has more than 62-M followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared. The star dropped out of sight in June when […]
Hong Kong: HANG SENG INDEX (.HSI) Bounces Back Asian stock markets bounced back Thursday, led by strong gains in Japan and Hong Kong, as the U.S. offered to renew trade talks with China. After falling for seven of the past nine sessions, Japan’s Nikkei NIK, +0.96% was up nearly 1% as the index pushed back […]
Hong Kong: HANG SENG INDEX (.HSI) Plunges into Bear Market Hong Kong’s Hang Seng Index entered a bear market on Tuesday after the benchmark finished the day down more than 20% from a recent high in January. The index closed at 26,422.55 on Tuesday, plumbing a low not seen since July 2017. A stock market […]
Hong Kong: HANG SENG INDEX (.HSI) plunges into bear market This could mean currency devaluation, selling of US Treasuries or something else, but for now, it’s hard to see a quick solution, especially as the was rhetoric helps the US President in dealing with his political troubles on home soil before the midterm elections. What’s […]
Hong Kong: HANG SENG INDEX (.HSI) Trade war battering smaller Chinese manufacturers, new data shows Mainland China’s benchmark Shanghai Composite Index moved into bear market territory in late June. On Monday it closed down 1.21 per cent, or 32.81 points, at 2,669.49, while the CSI 300 index of larger companies lost 1.45 per cent, or […]
Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]
Hong Kong: HANG SENG INDEX (.HSI) jitters over a potentially severe escalation in the U.S.-China trade war Asian shares fell for the sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the U.S.-China trade war. […]
Hong Kong: HANG SENG INDEX (.HSI) Index sank 269.03 points to 26,974.82 In Hong Kong trading, the Hang Seng Index sank 269.03 points to 26,974.82. The Hang Seng China Enterprises Index, or the H-share gauge, dropped 0.6 per cent. Tencent Holdings, the biggest weighting on the benchmark, slid 3.1 per cent to HK$314.60, the lowest […]
Hong Kong: HANG SENG INDEX (.HSI) Slide as Tariff Threat Builds China’s Shanghai Composite index fell as much as 1.68 percent to 2,704.34 while Hong Kong’s Hang Seng index plunged 2.61 percent to end at 27,243.85. Activity in China’s services sector continued to expand in August, albeit at a slower rate, the latest survey from […]
Hong Kong: HANG SENG INDEX (.HSI) Market Gains are Limited Hong Kong share market closed higher on Tuesday, 04 September 2018, as investors chased for beaten down stocks on tracking gains in Mainland A-share market today. However, market gains were limited on caution of intensifying U. S.-led trade war after U. S. President Donald Trump […]
Hong Kong: HANG SENG INDEX (.HSI) continues to slump Asian stocks fell on Monday as weekend U.S.-Canada trade talks ended with no deal and data showed China’s manufacturing sector recorded the weakest growth in 14 months in August. After contentious U.S.-Canada trade talks ended on Friday with no deal to revamp the North American Free […]
Hong Kong: HANG SENG INDEX (.HSI) Trade War will bring about more uncertainty The recent rally was just a technical rebound, the rebound is over. China’s yuan has tumbled more than 6 per cent over the past three months, making it the worst performer among currencies in Asia. The Hang Sang Index ended down 0.98 […]
Hong Kong: HANG SENG INDEX (.HSI) End of Month Profit Booking Hong Kong share market closed down on Thursday, 30 August 2018, despite both the S&P and NASDAQ hit fresh records overnight, as investors cashed in after a healthy three-day run amid worries about the escalating Washington-Beijing trade war. At closing bell, the Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) gains capped as Chinese lenders pull back after reporting earnings Hong Kong stocks closed higher on Wednesday, rising for a third straight session, but gains were capped as major Chinese banks pulled back after reporting half-year earnings. The Hang Seng Index edged up 0.2 per cent, or 64.82 points, […]
Hong Kong: HANG SENG INDEX (.HSI) Extends Gains Asian stocks rose broadly on Tuesday amid receding trade worries after the United States and Mexico agreed to overhaul the North American Free Trade Agreement (NAFTA). U.S. President Donald Trump also indicated the U.S. would soon begin negotiations with Canada, but suggested that any agreement could be […]
Hong Kong: HANG SENG INDEX (.HSI) stocks rally after Chinese central bank moves to stabilise the yuan The Hong Kong and mainland China stock markets rallied on Monday, after the Chinese central bank signalled it would guide the market more proactively in the face of a stronger US dollar and the ongoing trade war between […]
Hong Kong: HANG SENG INDEX (.HSI) shares fell on Friday morning Hong Kong shares fell on Friday morning as a broadly strong week drew to an end, with traders given a negative lead from Wall Street while US-China trade talks ended with no breakthrough. The Hang Seng Index slipped 0.69 percent, or 191.00 points, to […]
Hong Kong: HANG SENG INDEX (.HSI) Ends 0.49% Down Headline indices of the Hong Kong share market closed down on Thursday, 23 August 2018, snapping four-day winning streak, weighed down by tracking mixed performance on Wall Street overnight and on caution ahead of the imposition of the latest round of tariffs by the United States […]
Hong Kong: HANG SENG INDEX (.HSI) mostly higher Chinese markets led gains on Tuesday in a mostly positive trading session across Asia, extending their upward climb from the previous day after the banking regulator urged institutions to boost lending in the country. The Shanghai composite rose 35.36 points, or 1.31 percent, to 2,733.82 and the […]
Hong Kong: HANG SENG INDEX (.HSI) Index gained 1.4 per cent Hong Kong and mainland Chinese stock markets rose on Monday ahead of a fresh round of China-US trade talks this week aimed at defusing the ongoing trade war, and as China’s banking regulator stepped up efforts to get banks to increase lending to companies. […]
Hong Kong: HANG SENG INDEX (.HSI) ended 0.8 percent lower The Shanghai Composite Index .SSEC closed down 0.6 percent, while Hong Kong’s Hang Seng index .HSI ended 0.8 percent lower. Hopes that China and the United States could ease trade tensions helped Chinese stocks pare losses. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price […]
Hong Kong: HANG SENG INDEX (.HSI) More trouble lies ahead tocks in Hong Kong extended losses in morning trade after opening lower. At midday, the benchmark Hang Seng Index tumbled 1.52 percent, or 422.29 points, at 27,330.64 while the China Enterprises Index, the H-share gauge, dipped 1.91 percent, or 205.55 points, at 10,538.76. Index heavyweight […]
Hong Kong: HANG SENG INDEX (.HSI) traders shrug off trade talk Hong Kong stocks ended lower on Monday, tracking losses in other Asian markets, as the rout in Turkish lira sent shock waves across emerging markets. The Hang Seng index ended 1.5 percent down at 27,936.57 points, while the China Enterprises Index closed 1.6 percent […]
Hong Kong: HANG SENG INDEX (.HSI) was up 248.16 points or 0.88 percent at 28,607.30 points Investors risk sentiments were subdued amid escalating U. S.-China trade dispute raised concerns about the outlook for global economic growth. China said it will impose 25% tariffs on an additional $16 billion worth of imports from the U. S. […]
Hong Kong: HANG SENG INDEX (.HSI) continues to advance Stocks in Hong Kong continued to advance today. At mid day, the benchmark Hang Seng Index, which opened higher, added 0.42 percent, or 119.96 points, at 28,368.84. while the China Enterprises Index, the H-share gauge, was up by 0.5 percent, or 54.3 points, at 10,920.4. Shares […]
Hong Kong: HANG SENG INDEX (.HSI) ended firmer, led by gains in property stocks The Hang Seng Index rose 1.5 percent Tuesday, building on Monday’s 0.5 percent advance. Developers China Resources Land Ltd. and Wharf Real Estate Investment Co. joined Country Garden in the top 10 performers, all adding at least 3 percent. The top […]
Hong Kong: HANG SENG INDEX (.HSI) rise on better Hang Seng Bank, HSBC earnings Hang Seng Bank reported a 28.6% on-year rise for its first-half net profit to HK$12.64 billion (US$1.6 billion), thanks to an increase in customer lending. Interest income for the six months that ended in June rose 24% to HK$17.36 billion from […]
Hong Kong: HANG SENG INDEX (.HSI) Losing Streak May Continue The Hong Kong stock market has finished lower in three straight sessions, tumbling more than 626 points or 2.2 percent along the way. Hong Kong stocks slumped to a 10-month low on Thursday along with tumbling Chinese stocks,after President Donald Trump said the US was […]
Hong Kong: HANG SENG INDEX (.HSI) fall on new tariff worries Stocks in China retreated amid a report that President Donald Trump’s advisers are urging 25% tariffs on $200 billion of Chinese goods. The Shanghai Composite SHCOMP, -1.80% slid 0.3% while the smaller-cap Shenzhen Composite 399106, -1.72% fell about as much. Hong Kong’s Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) stocks close 0.52 pct lower Hong Kong stocks opened lower on Tuesday, following a negative lead from Wall Street as US tech equities tumbled and amid trepidation ahead of key central bank meetings this week. In early trading, the Hang Seng Index was down 0.54 per cent, or 156.08 […]
Hong Kong: HANG SENG INDEX (.HSI) caution ahead of the policy statement of Bank of Japan’s two-day meeting due on Tuesday Hong Kong share market were lower on Monday, 30 July 2018, following Wall Street’s downbeat finish last week and on caution ahead of the policy statement of Bank of Japan’s two-day meeting due on […]
Hong Kong: HANG SENG INDEX (.HSI) banks and property stocks are among the bright spots Hong Kong stocks ended little changed on Friday and mainland Chinese shares fell, amid continuing concern over trade tensions between the US and China, although measures announced this week by Beijing to stimulate the economy offered support. The Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) Trade Worries Caution Investors Hong Kong stocks slipped on Thursday as renewed trade worries prompted caution among investors after a four-day winning streak. The Hang Seng index fell 0.5 percent to 28,781.14 points, while the China Enterprises Index lost 0.5 percent, to 11,021.35 points, both snapping a four-day winning […]
Hong Kong: HANG SENG INDEX (.HSI) gains led by the advance in services and energy The Hang Seng Index climbed 1.01 percent by 3:00 p.m. HK/SIN, with the index’s overall gains led by the advance in services and energy. The Hang Seng Index closed at 28,920.90 points, up 258.33 points, or 0.90 percent. Overall, the […]
Hong Kong: HANG SENG INDEX (.HSI) Forecast is Murky amid renewed geopolitical and trade war concerns. Shares rallied at mid day today in Hong Kong. the benchmark Hang Seng Index added 1.49 percent or 419.90 points at 28,676.02. The Hang Seng finished slightly higher on Monday following gains from the financials and mixed performances from […]
Hong Kong: HANG SENG INDEX (.HSI) vulnerable to a correction towards 29,694.91 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 29,694.91. The projected upper bound is: 29,119.95. The projected lower bound is: 27,301.09. The projected closing […]
Hong Kong: HANG SENG INDEX (.HSI) traders shrug off trade talk U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. The dollar fell after President Donald Trump said China is manipulating its currency. Hong Kong stocks ended higher on Friday, as a sharp […]
Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines China Southern Airlines and other carriers tumbled as the yuan slid to the lowest level in 12 months after the central bank lowered the reference rate amid the intensifying trade spat with the US. The Chinese currency fell as much as 0.5 per cent […]
Hong Kong: HANG SENG INDEX (.HSI) disruptions in global trade would pose risks The economic backdrop is encouraging, with near-term resilience in China and solid corporate earnings. We like selected Southeast Asian markets but recognize a worse-than-expected Chinese slowdown or disruptions in global trade would pose risks to the entire region. Stable fundamentals, cheapening valuations […]
Hong Kong: HANG SENG INDEX (.HSI) stocks decline as investors await China data Investors seek for clues from quarterly economic indicators of the initial economic impact from trade war and ongoing financial deleveraging In Hong Kong, the Hang Seng Index added 0.1 per cent, or 14.22 points, to 28,539.66. The Hang Seng China Enterprises Index, […]
Hong Kong: HANG SENG INDEX (.HSI) extending gains from the previous session Asian stocks closed higher on Friday session, extending gains from the previous session, following the overnight rebound on Wall Street as investors shifted focus to the upcoming corporate earnings season amid a lack of escalation in U.S. and China trade tensions. Moreover, Friday’s […]
Hong Kong: HANG SENG INDEX (.HSI) stocks flat; China June inflation accelerates Hong Kong shares ended Tuesday roughly flat on Tuesday, as China’s June inflation accelerated, showing little impact from the escalating trade frictions with the United States, which threaten to hurt Chinese exports and dampen business sentiment. The Hang Seng index was unchanged at […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks rally at open on Tuesday The Hang Seng Index climbed 1.03 per cent, or 290.54 points, to 28,606.16 on Monday. The benchmark Shanghai Composite Index added 0.19 per cent, or 5.22 points, to 2,752.45, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.30 […]
Hong Kong: HANG SENG INDEX (.HSI) stumbled in June amid intensifying U.S.-China trade frictions Asian equity markets stumbled in June amid intensifying U.S.-China trade frictions, a development that’s also made the outlook for regional stocks less rosy than at the beginning of this year, according to strategists. Apart from the souring of risk appetite among […]
Hong Kong: HANG SENG INDEX (.HSI) markets end mostly lower as China’s tech stocks slump Markets await U.S. trade tariff deadline this week Yuan likely to consolidate at current level – trader Stocks remain under pressure China’s yuan rose sharply against the dollar on Wednesday, a day after the central bank assured markets it would […]
Hong Kong: HANG SENG MAINLAND PROPERTIES I (HSMPI:HK) concerns of Beijing’s fresh restrictions on property investment There have been concerns of Beijing’s fresh restrictions on property investment, which knocked down mainland developers listed in Hong Kong. Hang Seng index ends down 1.8 percent China Enterprises index HSCE falls 2.2 percent HSI financial sector sub-index 1.9 […]
Hong Kong: HANG SENG CHINA ENTERPRISES IND (.HSCE) stocks fall to near 7-month low as yuan’s slide adds to China growth fears China Enterprises index HSCE rises 0.1 pct Hong Kong shares rose slightly on Tuesday, with sentiment aided by a private survey showing China’s services sector expanded at a steady pace in May. ** […]
Hong Kong: HANG SENG INDEX (.HSI) shares start July lower amid trade dispute Hang Seng index ends down 1.8 percent China Enterprises index HSCE falls 2.2 percent HSI financial sector sub-index 1.9 pct lower; property down 2.3 pct The Hang Seng index fell 1.8 percent, to 28,356.26, while the China Enterprises Index lost 2.2 percent, […]
Hong Kong: HANG SENG INDEX (.HSI) explores rule change to curb back-door listings Hong Kong Exchanges and Clearing on Friday proposed a number of new rules to crack down on back-door listings and related “shell companies”, including a ban that prohibits listed companies from selling major assets or shareholdings within three years after a change […]
As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with box-like “nano-flats” and co-shares touted as fashionable solutions. Blocks of sleek miniature apartments packed with mod cons are springing up around the densely packed city, pitched as an attractive and more affordable lifestyle choice, but still at an eye-watering cost. […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24831.17, +0.37% is rising and could test 25000-25200 in here. But, 25200 may act as 1st resistance as I see it on the daily. A break above 25200 indicates more Bullishness medium term. DAX at 13001.24, -0.17% looks Bullish near […]
Bitcoin Moved to Test Key Support Near $9,000 $BTCUSD Thursday, after a quiet start to cryptocurrencies came under selling pressure, with market participants speculating about large blocks of cryptos being offloaded, pushing Bitcoin’s value lower. Bitcoin, the world’s #1 digital currency traded in a $200 range Thursday before giving up $220, or 2.3% quickly. Currently, […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Japan is off it’s holidays, and back in the action. PE DJIA at 24262.51, +1.39% moved up from support at 23500, while that holds, there is room for DIA to rise to 24400 now. The overall range is within 24400-23500, and expect it to hold medium term. DAX at […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside coming for DJIA in here. PE DJIA at 24786.63, +0.87% continued to rise as expected, while it trades above 24500 there is room to rise to 25000-25200 into the end of this week or early next. We wait, we see. DAX at 12585.57, […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways. PE DJIA at 24189.45, -0.90% is trading below 24500 as expected and continues ranged for now with support at 23500. No major movement expected at least in the next 2-3 sessions. DAX at […]
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