Hong Kong stocks slipped Friday to end the week lower, as risk-averse sentiment strengthened on continued spread of the coronavirus with infections surpassing 1-M globally. At the close of trade, the Hang Seng index was down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China Enterprises index fell 0.37% to 9,491.1.The sub-index of the […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks fall on lagging worries about virus, recession Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. Japan’s benchmark Nikkei 225 dropped 1.7% in morning trading to 18,588.90. Adding to […]
Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]
Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]
Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years Hong Kong’s stocks are so beaten down that the Hang Seng Index is now trading below its net asset value for only the third time in almost 30 years. The 50-member benchmark was […]
Hong Kong: HANG SENG INDEX (.HSI) likely to find renewed support The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had accelerated almost 1,850 points or 8.3 percent. The Hang Seng Index now rests just above the 23,175-point plateau […]
Hong Kong: HANG SENG INDEX (.HSI) tipped to open under pressure The Hong Kong stock market rebounded on Friday, one day after it had snapped the two-day winning streak in which it had accelerated almost 1,850 points or 8.3 percent. The Hang Seng Index now rests just above the 23,480-point plateau although it’s tipped to […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks jump after Wall Street’s massive gains Asian markets jumped Wednesday, following Wall Street’s major surge overnight as US lawmakers inched closer to approving a stimulus bill to respond to the coronavirus crisis. Japan’s Nikkei 225 surged 6%. Australia’s S&P/ASX 200 rose 2.5%. South Korea’s Kospi gained more than […]
Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start Asian stocks were poised for a mixed start, following the first back-to-back gains for global equities since mid-February, as negotiations in Congress continued toward a vote on the U.S. stimulus bill later this week. S&P 500 futures fluctuated in Asia after the […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy Asia-Pacific stocks rallied on Tuesday after the US Federal Reserve launched unlimited bond buying and took other steps while the US Congress appeared closer to a deal on a massive stimulus package to boost […]
Hong Kong: HANG SENG INDEX (.HSI) Shares in Asia fail to hold Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street. Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early trading Thursday. Investors are in search of cash as fears of a […]
Hong Kong: HANG SENG INDEX (.HSI) now trades at 99% of book value A month into one of the fastest global market meltdowns in recent history, investors aren’t willing to pay more than liquidation value for stocks in Hong Kong. The 50-member Hang Seng Index now trades at 99% of book value, a level only […]
Japanese stocks advanced Wednesday after Wall Street staged a strong rebound as policymakers across the world cobbled together packages to counter the severe restrictions on various regular activities aiming at slowing the spread of the coronavirus. Australian shares are set to open slightly lower on Wednesday as unnerved investors took note of the US Fed […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian shares plunge after Wall Street’s worst day since ’87 Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. Markets worldwide have retreated as fears […]
Hong Kong: HANG SENG INDEX (.HSI) stocks fall on doubts over stimulus efforts against virus Hong Kong stocks closed lower on Wednesday, tracking Asian markets that fell due to growing uncertainty over global policy efforts to arrest the economic loss from the coronavirus epidemic. The Hang Seng index fell 0.6% to 25,231.61, while the China […]
Hong Kong: HANG SENG INDEX (.HSI), Shanghai stocks slip despite US boost Hong Kong and Shanghai stocks ended with losses on Wednesday as an early rally fuelled by US economic support gave way to longstanding worries about the economic impact of the coronavirus outbreak. Hong Kong’s Hang Seng Index lost 0.6 percent, to 25,231. On […]
Hong Kong: HANG SENG INDEX (.HSI) stock market rally as tapering new cases of coronavirus spur traders to hunt for bargains after Monday’s sell-off Asian stock markets recovered from Monday’s rout as traders returned to hunt for bargains in the belief that the panic sell-off a day earlier had been overdone. Benchmark indexes rose in […]
Hong Kong: HANG SENG INDEX (.HSI) stocks plunge more than 1,000 points in worst fall in more than two years The benchmark stock index of Asia’s third-largest financial market made its biggest intraday percentage drop in more than two years, as plunging oil prices added to the weight of a spreading coronavirus outbreak in driving […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian shares drop as virus fears grip markets again Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan’s benchmark Nikkei dived 3.1% to 20,663.32. Australia’s S&P/ASX 200 lost 2.1% to 6,259.20. South Korea’s Kospi dropped 2.3% to 2,037.08. Hong Kong’s Hang […]
Hong Kong: HANG SENG INDEX (.HSI), mainland markets soar on rate cuts Hong Kong and Shanghai shares rallied on Thursday following a surge on Wall Street, while investors were cheered by global central bank moves to mitigate the impact of the coronavirus. Hong Kong’s Hang Seng Index jumped 2.1 percent, to 26,767. On the mainland, […]
Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally Hong Kong’s Hang Seng Index gave up gains made earlier in the day and ended up in the red while mainland markets continued their rally as global central banks pledged action to support economic growth. The Hang Seng Index ended the day, down […]
Hong Kong: HANG SENG INDEX (.HSI) give up gains, Shanghai extends rally Hong Kong’s Hang Seng Index gave up gains made earlier in the day and ended up in the red while mainland markets continued their rally as global central banks pledged action to support economic growth. The Hang Seng Index ended the day, down […]
Hong Kong: HANG SENG INDEX (.HSI) stocks end higher on stimulus hopes The Hang Seng index rose 0.6% to 26,291.68, while the China Enterprises Index gained 1.8% to 10,485.17 points. The HSCE, an index tracking mainland firms, outperformed as downbeat data reinforced expectations of further stimulus to support China’s economy. Factory activity in China contracted […]
Hong Kong: HANG SENG INDEX (.HSI) – Coronavirus causes intrepid investors to look east for bargains There is no lack of superlatives for the drubbing Asia stocks took to end February in the face of soaring coronavirus cases outside of China: Friday was the worst day for regional equities since October 2018, ending the poorest […]
Hong Kong: HANG SENG INDEX (.HSI) slips as investors unmoved by budget boost Hong Kong shares went into the break with fresh losses on Thursday as traders unmoved by a big-spending budget from the city’s finance chief aimed at shoring up the struggling economy. The Hang Seng Index fell 0.7 percent, to 26,519 by the […]
Hong Kong: HANG SENG INDEX (.HSI) falls as Asian investors run for cover Hong Kong stocks ended sharply lower again on Wednesday, in line with a worldwide plunge as the extensive spread of the coronavirus fans fears about a severe hit to the global economy. The Hang Seng Index retreated 0.7 percent, to close at […]
Hong Kong: HANG SENG INDEX (.HSI) gains on bargain hunting, Asian markets mixed Hong Kong stocks snapped a three-day losing streak on Tuesday to end with a small gain on bargain buying, but investors remain on edge over fears of a coronavirus pandemic. The Hang Seng Index rose 0.3 percent, to close at 26,893. On […]
Hong Kong: HANG SENG INDEX (.HSI) slides as airlines, casino stocks fall sharply Hong Kong suffered more big losses on Monday as investors fret that the coronavirus could become a global pandemic, with energy firms and companies linked to tourism among the worst hit. The Hang Seng Index fell 1.8 percent, over 487 points, to […]
Hong Kong: HANG SENG INDEX (.HSI) stocks close lower on virus worries Hong Kong stocks closed lower Thursday as traders tried to work out if the new coronavirus would have a lasting impact on corporate earnings and economic growth. The Hang Seng Index fell 0.2 percent, or 46.65 points, to 27,609.16. Mainland China’s benchmark Shanghai […]
Hong Kong: HANG SENG INDEX (.HSI) – Asia markets bounced back Asia markets mostly recovered on Wednesday after tumbling a day before, with investors closely monitoring China’s progress in returning to work as the country deals with the coronavirus outbreak. Oil prices also bounced back. Hong Kong’s Hang Seng index rose 0.47% in the afternoon. […]
Hong Kong: HANG SENG INDEX (.HSI) drops sharply over corporate profit warnings Hong Kong stocks closed sharply lower on Tuesday as the deadly new coronavirus took a toll on corporate earnings and economic growth. The Hang Seng Index fell 1.5 percent, to close at 27,530. On the mainland, the Shanghai Composite Index was up 0.1 […]
Hong Kong: HANG SENG INDEX (.HSI) stocks hit near 4-week high as China steps up support Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing stepped up policy stimulus to cushion the economic impact from the coronavirus outbreak. The Hang Seng index closed up 0.5% at 27,959.60, after […]
Stocks in Hong Kong: HANG SENG INDEX (.HSI) and mainland China advance on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus Stocks in Hong Kong and mainland China advanced Friday on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus. The Hang […]
Jump in virus cases sends Hong Kong: HANG SENG INDEX (.HSI) into the red Hong Kong stocks ended the morning session down on Thursday, after mainland authorities reported a dramatic rise in the number of coronavirus deaths and infections in the mainland. The Hang Seng Index dropped 0.1 percent, to 27,784 by the break. On […]
Hong Kong: HANG SENG INDEX (.HSI) continues rally, most Asian markets up Hong Kong stocks closed higher on Wednesday, a second consecutive day of gains as concerns eased about the economic impact of the coronavirus outbreak in China. The Hang Seng Index rose 0.9 percent, to 27,823. On the mainland, the Shanghai Composite Index closed […]
Hong Kong: HANG SENG INDEX (.HSI) bounces back despite coronavirus fears Hong Kong stocks ended on Tuesday with gains, recovering after a jittery start to the week but investors remained cautious about the economic impact of the coronavirus outbreak on the economy. The Hang Seng Index rose 1.3 percent, to close at 27,583. On the […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian Markets Fall on Impact Woes of China Virus Markets across the Asia-Pacific region were in the red on Monday with investors worried about the impact of the new coronavirus outbreak on the global economy. The virus has killed more than 900 people, infected 40,000 across mainland China […]
Australia: S&P/ASX 200 (.AXJO) expected to edge higher The S&P/ASX 200 index looks set to start the week on a mildly positive note. According to the latest SPI futures, the ASX 200 is poised to edge 7 points or 0.1% at the open. This is despite a disappointing end to the week on Wall Street […]
Hong Kong: HANG SENG INDEX (.HSI) – Asian stock markets have retreated following a surge driven by a Chinese tariff cut on U.S. imports Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. […]
Hong Kong: HANG SENG INDEX (.HSI) Market Recovers After Opening Lower Hong Kong stocks opened slightly lower on Monday amid fears the virus outbreak in mainland China will take its toll on the country’s economy, but quickly recovered their losses. Shayne Heffernan, CEO and Founder of Heffx said the initial plunge wasn’t as bad as […]
Hong Kong: HANG SENG INDEX (.HSI) markets tumble as fears over virus outbreak spread Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened. Taiwan’s benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan’s Nikkei 225 index sank 1.9% to 22,935.20, while Hong […]
Hong Kong: HANG SENG INDEX (.HSI) makes its worst Lunar New Year debut since 2016 Hong Kong’s key stock index made its worst opening since 2016 on the first trading day of the Year of the Rat, as traders ran for cover after a two-day pause amid a worsening coronavirus outbreak. The Hang Seng Index […]
Hong Kong: HANG SENG INDEX (.HSI) sink on deepening worries over the expanding outbreak of a new virus in China. Markets in Hong Kong and mainland China were closed Tuesday for Lunar New Year holidays, while South Korea’s benchmark tumbled 3.4% to 2,170.88 as it reopened after its own holidays. China has extended its national […]
Wuhan virus scare pushes Hong Kong: HANG SENG INDEX (.HSI) down 1.5 percent Hong Kong equities closed sharply lower on Thursday as investors took flight over the deadly Sars-like virus that has spread from China. The Hang Seng Index fell 1.5 percent, to end at 27,909. Travel sector and airline shares were hit badly . […]
Hong Kong: HANG SENG INDEX (.HSI) regains some lost ground despite virus jitters Hong Kong shares recovered some of the previous day’s sharp losses on bargain-buying on Wednesday but traders remain on edge as they await developments linked to the deadly Sars-like virus that has spread from China. The Hang Seng index climbed 1.3 percent, […]
Hong Kong: HANG SENG INDEX (.HSI) stock market index must be relevant A proposal to include some of the largest Hong Kong-listed mainland companies on the Hang Seng Index is timely and should be welcomed. Companies such as smartphone maker Xiaomi and technology behemoth Alibaba have market capitalisation and high daily trading volumes that require […]
Australia: S&P/ASX 200 (.AXJO) shares extend gains; miners shine on metal prices Australian shares extended their record-breaking spree to a fifth session on Monday, mainly driven by mining stocks that gained on strong metal prices. The S&P/ASX 200 index touched a fresh peak of 7,092.50 points before paring some gains to finish at 7,079.50, a […]
Hong Kong: HANG SENG INDEX (.HSI) Cash in Profits Hong Kong shares finished on a negative note Monday as investors cashed in profits following last week’s gains. The Hang Seng index slipped 0.90 percent, or 260.51 points, to close at 28,795.91. The benchmark Shanghai Composite Index gained 0.66 percent, or 20.29 points, to 3,095.79, while […]
Hong Kong: HANG SENG INDEX (.HSI) Shares Post Solid Weekly Gains Amid Trade Deal Signing, China GDP Growth The major Asia Pacific stock indexes closed mostly higher last week. Surprisingly, stocks were lower in China. That move was unexpected since most of the stories dominating the news last week were positive economic developments involving the […]
Hong Kong: HANG SENG INDEX (.HSI) closes up for the first time in three days after US-China sign phase one deal The Hang Seng Index rose 0.4 per cent to 28,883.04 at the close. Thirty-two out of the 50 members on the benchmark gained. Sino Biopharmaceutical (1177 HK) was the best performer, climbing 4.8 per […]
Hong Kong: HANG SENG INDEX (.HSI) ends lower for a second day as concerns linger over US-China trade deal Hong Kong and mainland stocks fell for a second straight day as investors moved to the sidelines amid lingering concerns over the US-China trade deal that will be signed later tonight in Washington. The Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) stocks fall first time in four days The Hang Seng Index lost 0.2 per cent to 28,885.14 at the close, snapping a three-day, 3.1 per cent gain. Tencent Holdings (700 HK) and AAC Technologies Holdings (2018 HK) led the decline, while casino operators including Sands China (1928 HK) bucked the […]
Hong Kong: HANG SENG INDEX (.HSI) closes at eight-month high propelled by gains in Tencent, Alibaba The Hang Seng Index climbed 1.1 per cent to 28,954.94 to close at the highest level since May 8. Tencent Holdings (700 HK) topped HK$400 for the first time in 18 months and Alibaba Group Holding (9988 HK) rose to a […]
Hong Kong: HANG SENG INDEX (.HSI) shares are rising as worries recede that the United States and Iran might be stepping closer to the edge of war Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. Japan’s benchmark […]
Hong Kong: HANG SENG INDEX (.HSI) rise as China confirms trade deal signing next week U.S. stocks climbed in early trading on Thursday as investors cheered confirmation from China that its top trade official will head to Washington next week to sign a preliminary trade deal. The “Phase 1” deal is the opening step on […]
Hong Kong: HANG SENG INDEX (.HSI) slips as Iran tensions send oil, gold up Hong Kong shares recovered slightly by the end of the morning session on Wednesday after opening sharply down as tensions between Iran and the US escalated dramatically with Tehran launching a missile attack. The Hang Seng Index fell 0.8 percent, to […]
Hong Kong: HANG SENG INDEX (.HSI) gains as Iran tensions ease, oil retreats Hong Kong stocks finished on a positive note on Tuesday, clawing back some of the previous two days’ losses as Middle East concerns ease, while investors turn their focus back to the global economy. The Hang Seng index added 0.3 percent, to […]
Hong Kong: HANG SENG INDEX (.HSI) slides, mainland markets jump on PBOC move Hong Kong stocks extended losses in the morning session on Monday, hit by concerns about a possible Middle East conflict after the US killed a top Iranian general last week, though energy firms were boosted by surging oil prices. The Hang Seng […]
Hong Kong: HANG SENG INDEX (.HSI) markets slump amid rising US-Iran tensions in the Middle East Most regional equity markets fell sharply yesterday, tracking the global slump on Friday as tensions between the US and Iran escalated following the killing of one of the Islamic republic’s top generals in Baghdad. Qassem Suleimani, the head of […]
Hong Kong: HANG SENG INDEX (.HSI) again proves itself to be the comeback town Hong Kong’s stock market was hammered by the US-China trade war, violent protests and the mainland’s economic slowdown. But it came roaring back, gaining 9.1 per cent in 2019 and keeping the crown as the world’s largest initial public offering market. […]
$MSCI, $DAX, $FTSE, $SPY Asian shares kicked off Y 2020 on a strong note Thursday, driven by Chinese markets after Beijing eased monetary policy to support its slowing economy. Investors cheered news that the United States and China will sign a trade pact on 15 January after months of negotiations between the world’s 2 largest […]
Hong Kong: HANG SENG INDEX (.HSI) worries are still hanging over the city after its economy plunged into recession After a year framed by local unrest and the U.S.-China trade war, investors in Hong Kong’s financial markets are more sanguine going into 2020. The city’s Hang Seng Index has rallied 7.1% in December, among the […]
Hong Kong: HANG SENG INDEX (.HSI) Index posts fresh 5-month high; China stocks rise on step making borrowing cheaper The Hang Seng Index rose to its highest level in five months Monday, as traders bought up property stocks that have lagged the overall market due to protests that have rocked the city since June. Hong […]
Hong Kong: HANG SENG INDEX (.HSI) Touches 5-Month High in Otherwise Lackluster Trading Week The major Asia Pacific shares finished mostly higher last week, but gains were mixed due to the lack of fresh news over the U.S.-China trade deal, and low holiday trading volume. Traders remained optimistic about the trade agreement, but were still […]
Hong Kong: HANG SENG INDEX (.HSI) ‘Santa Rally’ could carry on Futures in Japan and South Korea opened mildly higher, suggesting sentiment remains positive and the ‘Santa Rally’ could carry forward towards year-end. In Asia Pacific, major markets including Hong Kong and Australia are closed today. Crude oil prices extended its upward trajectory and hit […]
Hong Kong: HANG SENG INDEX (.HSI) advances for third straight week Hong Kong stocks inched up Friday, with gains in selective local property stocks helping keep the index afloat. China benchmarks ended lower, as investors stayed on the sidelines amid uncertainties on China’s economic outlook. The Hang Seng ended the week up less than 0.3 […]
Hong Kong: HANG SENG INDEX (.HSI) slips as trade deal optimism wanes Hong Kong stocks finished the morning session slightly lower on Monday as dealers await concrete details of the partial trade pact agreed between China and the US last week. The Hang Seng index eased 0.4 percent, to 27,585 by the break. On the […]
Hong Kong: HANG SENG INDEX (.HSI) Trade war breakthrough China and the US have made a breakthrough in trade negotiations, with a consensus agreement reached for a phase-one deal that will halt further tariff increases and lower some already in place, Vice-Minister of Commerce Wang Shouwen announced on Friday. Speaking in a late-night press conference […]
Hong Kong: HANG SENG INDEX (.HSI) jumps in early trading, powered by AIA, Tencent, while China markets dip The Hong Kong and mainland Chinese markets are expected to open with small gains on Thursday, as the wait for a trade deal between the United States and China goes on. An added factor to watch this […]
Hong Kong: HANG SENG INDEX (.HSI) up on late rally, Xiaomi leads tech stock surge Hong Kong stocks ended with gains after a late rally on Wednesday but investors kept an eye on developments in the China-US trade talks with Washington due to impose fresh tariffs on Chinese goods within days. The Hang Seng index […]
Hong Kong: HANG SENG INDEX (.HSI) investors keep a nervous eye on the progress of China-US trade talks Hong Kong stocks went into the break with small losses on Tuesday as investors kept a nervous eye on the progress of China-US trade talks with a tariffs deadline just days away. The Hang Seng index dipped […]
Hong Kong: HANG SENG INDEX (.HSI) gives up early gains despite Wall Street rally Hong Kong shares were flat at the midday break after an early boost as a strong US jobs report was offset by a weekend report which showed Chinese exports fell sharply. The Hang Seng index was just over six points up, […]
Hong Kong: HANG SENG INDEX (.HSI) The Future of the Trade Deal Sometimes, investors get too excited about a future event. They price in too much extra value before a big announcement. This is a common problem during earnings season. It’s one of the reasons stocks are much more likely to move more than 10% […]
Hong Kong: HANG SENG INDEX (.HSI) stocks end with healthy gains Hong Kong stocks rose Thursday as trade hopes returned following a report saying US and Chinese officials were closing in on a mini deal. The Hang Seng index added 0.59 percent, or 154.48 points, to 26,217.04. The benchmark Shanghai Composite Index added 0.74 percent, […]
Hong Kong: HANG SENG INDEX (.HSI) falls sharply as Asia reels after Trump comments Hong Kong stocks tumbled more than 1 percent on Wednesday morning after Donald Trump threw a spanner in the China trade talks by suggesting an agreement could be delayed until after next year’s elections. The Hang Seng index fell 1.2 percent, […]
Alibaba Group Holding Limited (NYSE:BABA) raises further US$1.7 billion in over-allotted shares in HK listing Chinese e-commerce giant Alibaba BABA.N said on Tuesday it has raised an additional HK$13.17 billion ($1.68 billion) by exercising the over-allotment option in its Hong Kong secondary listing. The company has received approval to list 75 million over-allotment shares at […]
Hong Kong: HANG SENG INDEX (.HSI) falls on worries about US-China trade deal Hong Kong stocks slipped on growing concerns the trade deal may be delayed over US-China tensions. Meanwhile, China stocks gained. The Hang Seng Index declined 0.2 per cent to 26,391.30, as threats out of China about what it sees as US interference […]
Hong Kong: HANG SENG INDEX (.HSI) moves up, but trade talks worries remain Hong Kong stocks ended Monday’s morning session on a positive note following a forecast-beating report on the mainland factory activity, but worries about China-US talks remained The Hang Seng index added 0.5 percent, to 26,468. On the mainland, the Shanghai Composite index […]
Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd (HK:9988)’s shares in Hong Kong continued to dip on Monday after having risen nearly 10% since its high-profile debut last week. The stock currently trades at HK$196.40 by […]
Clouds of tear gas returned to Hong Kong: HANG SENG INDEX (.HSI) over the weekend as police and protesters clashed Clouds of tear gas returned to Hong Kong over the weekend as police and protesters clashed, signaling pro-democracy rallies are set to drag on after demonstrators got a boost from an election win and support […]
Hong Kong: HANG SENG INDEX (.HSI) weighed down by President Donald Trump signing legislation supporting Hong Kong protesters Hong Kong shares edged lower on Thursday after U.S. President Donald Trump enacted a law that seeks to re-examine Hong Kong’s autonomy on an annual basis. The Hang Seng Index lost 0.2% to 26,893.73 after falling as […]
Trade talk news lifts Hong Kong: HANG SENG INDEX (.HSI), Alibaba keeps soaring Hong Kong shares closed with slight gains on Wednesday, in line with a broad advance across Asia on optimism over the China-US trade talks. The Hang Seng index added 0.2 percent, to 26,954. Shares of Alibaba, the Chinese e-commerce which was listed […]
Hong Kong: HANG SENG INDEX (.HSI) investors lock in profit Hong Kong stocks ended lower on Tuesday as investors locked in profit after a recent rally, while Alibaba’s shares rose to a small premium over New York in their debut at the financial hub. At the close of trade, the Hang Seng index was down […]
Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals Hong Kong stocks rallied on Monday following key elections, aided by fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals. The Hang […]
Hong Kong: HANG SENG INDEX (.HSI) Despite The Noise, Deal May Be Close The major Asia Pacific stock indexes finished mostly higher on Friday following days of two-sided trading tied to the ever-changing narrative over a U.S.-China trade deal. If you’re keeping score, the negative days were primarily driven by comments from “unnamed sources”, “people […]
Hong Kong: HANG SENG INDEX (.HSI) stocks end lower for second day on Sino-US trade deal concerns Hong Kong stocks closed lower for a second day on Thursday, as a fresh row between Washington and Beijing over a US bill backing protesters stoked concerns that trade talks could hit a snag and delay the “phase […]
Hong Kong: HANG SENG INDEX (.HSI) Gains Capped by US-China Trade Worries The major Asia Pacific stock indexes closed mixed on Tuesday, but mostly higher as investors appeared to shrug off concerns over the progress of U.S.-China trade negotiations. Shares in Hong Kong continued to gain back last week’s losses amid optimism over fresh government […]
Hong Kong: HANG SENG INDEX (.HSI) Index to underperform China-linked equity benchmarks next year Hong Kong’s Hang Seng Index is likely to underperform any other key gauge tracking China’s onshore and offshore stocks in 2020, as the fallout from the months-long political unrest hits growth and corporate earnings, according to Morgan Stanley. The benchmark of […]
Hong Kong: HANG SENG INDEX (.HSI) Violence Escalates Protests in Hong Kong drove the Hang Seng Index down 4.79% last week with a violent turn Monday, heightening an already volatile situation days after a group of pro-democracy lawmakers was arrested in the city. In one incident, a Hong Kong protester is in critical condition after […]
Hong Kong: HANG SENG INDEX (.HSI) revised down its estimate for economic growth this year as political unrest grips the city Hong Kong revised down its estimate for economic growth this year as political unrest grips the city, with the government now forecasting the first annual contraction since the global financial crisis a decade ago. […]
Hong Kong: HANG SENG INDEX (.HSI) trading higher on reports China and the US have agreed on a plan to roll back additional tariffs in phases Hong Kong stocks turned up in late trading Thursday on reports China and the US have agreed on a plan to roll back additional tariffs in phases, a potentially […]
Hong Kong: HANG SENG INDEX (.HSI) investors bag profits while waiting for fresh news on US-China trade negotiations The Hang Seng Index extended a winning streak to a fifth day, eking a teensy gain as investors bagged profits while waiting for fresh news on US-China trade negotiations. China stocks ended down. The Hang Seng rose […]
The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]
Hong Kong: HANG SENG INDEX (.HSI) stock gains come despite protests, economic concerns Signs of euphoria are showing in Hong Kong’s stock market as investors brush off five months of protests and an economic recession. The Hang Seng Index is up 11% from August’s intraday low and back through the key 27,000-point level. The rally is […]
Hong Kong’s economic woes showed no sign of easing Wednesday after a key measure of business confidence fell to its lowest level in more than a decade as the city reels from the global trade war and violent democracy protests. The Purchasing Managers Index — which measures the health of the private sector — dropped […]
Hong Kong: HANG SENG INDEX (.HSI) soar to their highest level in over three months Hong Kong stocks soared to their highest level in over three months on Monday, while China markets also climbed, as investors piled in on signs of US-China trade deal progress and the mainland regulator’s vow to reform the A-share market. […]
Hong Kong: HANG SENG INDEX (.HSI) higher as a surprise rise in factory activity in mainland China and increased hopes of a U.S.-China trade agreement cheered investors Hong Kong’s main stock index closed at its highest level in over six weeks on Friday as a surprise rise in factory activity in mainland China and increased […]
Hong Kong: HANG SENG INDEX (.HSI) GDP growth slows down in the recession Hong Kong stocks broke a two-day losing streak on Thursday, with bank and property stocks among the gainers after moves in the US and the city to lower interest rates. The Hang Seng Index rose 0.9 per cent to finish at 26,906.72. […]
Hong Kong: HANG SENG INDEX (.HSI) investors taking profits, and as the city’s leader warned that Hong Kong could record negative growth for the full 2019 year The Hang Seng index closed 104.50 points down or 0.39% at 26,786.76. The Hang Seng China Enterprises index fell 0.22% to 10,547. The sub-index of the Hang Seng […]
