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 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 […]
Hong Kong: HANG SENG INDEX (.HSI) Washington reiterates stance on trade In market action on Wall Street overnight, the Dow Jones Industrial Average declined by 69.84 points to 26,492.21 while the S&P 500 ended the trading day 0.1 percent lower at 2,915.56. The Nasdaq Composite, however, saw a gain of 0.2 percent to 8,007.47 on […]
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 […]
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% […]
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 […]
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) shares up for 4th session China stocks fell on Wednesday, weighed down by persistent economic concerns and worries over the outlook for trade ahead of lower-level talks between Washington and Beijing. Hong Kong shares closed higher for the fourth straight session on Wednesday, following a strong lead from Wall […]
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) Stocks end Mixed This week, central bankers will talk about Turkey, Trump’s trade war and what might go wrong next. Yet no question looms larger than whether Powell is keen to be a Trump yes-man or do his job and accelerate rate hikes. Overall, the bias in prices is: […]
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) Index has fallen 3pc in the past three days Hong Kong’s stocks dropped for a third day, as a key set of China’s economic data trailed estimates. Hong Kong’s Hang Seng HSI, -0.66% was down 0.6%. Tencent 0700, -3.43% fell 3.4% after Beijing blocked sales of the company’s new videogame. […]
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) blue chip benchmark drops Bank of East Asia and China Merchants Port China Merchants Port Holdings and Bank of East Asia, long term constituents of Hong Kong’s benchmark Hang Seng Index, will be replaced by Sino Biopharmaceutical and Shenzhou International Group Holdings from September 10, index compiler Hang Seng […]
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) down by fears of slowing growth in China Hong Kong shares edged lower on Friday, dragged down by fears of slowing growth in China, a vaccine scandal that weighed on healthcare shares and persistent worries over the Sino-U.S. trade war. The Hang Seng index fell 0.1 percent to 27,676.32, […]
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) Shares Down Slightly Hong Kong shares fell slightly on Wednesday, with risk appetite curbed by renewed yuan weakness. The Hang Seng index fell 0.2 percent, to 28,117.42, while the China Enterprises Index lost 0.1 percent, to 10,578.46 points. Overall, the bias in prices is: Downwards. Note: this chart shows […]
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 tumble in morning session Hong Kong shares ended the morning session with gains on Thursday, in line with a rally across Asia as investors picked up bargains following the previous day’s sharp, trade war-fuelled plunge. The Hang Seng Index climbed 0.71%, or 201.18 points, to 28 512.87. Overall, […]
Hong Kong: HANG SENG INDEX (.HSI) Possible Correction Towards 29,833.54 Asian share markets fell. In China, the Shanghai Stock Exchange Composite fell 1.22% while Hong Kong’s Hang Seng dropped 1.24%. Elsewhere, Japan’s Nikkei 225 declined 1.6%. DBS Group Research wrote in a note today that “the tariff news was “ill-timed for investors hoping for a […]
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) may have pockets of opportunity Those hoping the upcoming earnings season will give some respite to tumultuous Asian stock markets might be in for disappointment. Analysts and strategists have been trimming their expectations for companies in the MSCI Asia Pacific Index, in direct contrast to firms from Europe and […]
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, […]
HANG SENG INDEX (.HSI) stocks officially in bear territory, lose market cap bigger than Canada’s entire economy Shanghai’s benchmark stock index plunged to its lowest level in two years, driving Asia’s largest equity course down into official bear market territory, as concerns about a trade war with the United States sent investors scurrying to extract […]
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 […]
Hong Kong: HANG SENG INDEX (.HSI) Global Brands hits 3 month high Shares of Global Brands Group Holding Ltd surge 54 pct to HK$0.47, their highest since March 27. Differential Brands Group Inc plans to buy most of the Hong Kong-based Global Brands’ North American licensing business for $1.38 bln in cash. Global Brands, with […]
Hong Kong: HANG SENG INDEX (.HSI) stocks fall to near 7-month low as yuan’s slide adds to China growth fears 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 Hong Kong stocks slid to nearly a seven-month low on […]
Hong Kong: HANG SENG INDEX (.HSI) shares dip to fresh 6-month low as trade war fears linger Hong Kong stocks fell slightly on Tuesday, closing at a fresh six-month low, as sentiment remained subdued by fears of a Sino-U.S. trade war. The Hang Seng index HSI fell 0.3 percent, to 28,881.40, while the China Enterprises […]
Hong Kong: HANG SENG INDEX (.HSI) in bear’s grasp, if China ETF any indication Chinese stocks are in a bear market if the iShares China Large-Cap ETF FXI.P is any indication The ETF, which was down 2.2 pct at $43.21 Mon afternoon, fell to as low as $42.87, following an escalating trade dispute between the […]
Hong Kong: HANG SENG INDEX (.HSI) slump spurs wave of insider share buying among blue chips During the holiday shortened week a total of 55 companies recorded 339 purchases worth HK$1.15 billion (US$146.57 million) compared with 42 companies, 281 purchases and HK$447 million the previous week. The number of companies on the sale side, on […]
HANG SENG INDEX (.HSI) hit six-month closing low as trade war fears persist Hong Kong stocks ended at a six-month low on Thursday, as China-U.S. trade conflict fears curbed risk appetite. The Hang Seng index ended 1.4 percent lower at 29,296.05, while the China Enterprises Index closed lower by 1.2 percent at 11,364.66 points. “Sino-U.S. […]
HANG SENG INDEX (.HSI) shares rise as markets rebound from recent declines, but trade fears linger Asian stocks closed on Wednesday, with Japan leading gains. Greater China markets recovered slightly after slumping in the last session. Markets worldwide fell on Tuesday after U.S. President Donald Trump threatened new tariffs against China. Asian stocks closed higher […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks Slide, Bonds Rally as Trade Fears Build The Hong Kong Hang Seng Index HSI, -2.78% closed down 2.8%, led by a 5.7% drop for Hong Kong-listed Chinese pork producer WH Group 0288, -5.68% , which owns U.S.’s Smithfield Foods and is vulnerable to potential pork and soybean tariffs. […]
HANG SENG INDEX (.HSI) Still trapped within a multi-month range configuration No major changes on its key technical elements as the Hong Kong 50 Index (proxy for Hang Seng Index futures) continued to trade in a sideways configuration below the key 31800 medium-term range resistance. Since its all-time high area of 33530 printed on 29 […]
HANG SENG INDEX (.HSI) Correction to 30,700 The Asian economy is rampantly growing and it is countries such as Singapore, Hong Kong, Japan, and China that are leading the whole Asian equity market. Singapore and Hong Kong, for example, have recently been named by CG Watch as the top two countries in Asia with the […]
Hong Kong: HANG SENG INDEX (.HSI) swing lower after Fed rate hike Asian stock markets finished lower Thursday after the U.S. Federal Reserve indicated two more rate hikes are coming later this year, and as Chinese economic data missed expectations. Hong Kong’s Hang Seng Index HSI, -0.93% fell 0.9%. The Shanghai Composite SHCOMP, -0.18% lost […]
HANG SENG INDEX (.HSI) drops 1.2% Hong Kong stock market closed session lower on Wednesday, 13 June 2018, as some investors retreated to the sidelines to see the results of the U. S. Federal Reserve’s policy meeting, due out later Wednesday. Market falls led by Chinese telecoms equipment maker ZTEas it resumed trading after a two-month […]
HANG SENG INDEX (.HSI) Closes Slightly Higher after Trump-Kim Summit Hong Kong stocks ended higher on Tuesday, after U.S. President Donald Trump and North Korean leader Kim Jong Un signed a ‘comprehensive’ deal aimed at the denuclearisation of the Korean peninsula, while Washington committed to provide security guarantees for its old enemy. The Hang Seng […]
HANG SENG INDEX (.HSI) Inches Up 0.34% Hong Kong shares rose slightly on Monday, ahead of a historic U.S.-North Korea summit that investors hope might pave the way for an end to the nuclear stand-off on the Korean peninsula. The Hang Seng index rose 0.3 percent to 31,063.70, while the China Enterprises Index gained 0.1 […]
HANG SENG INDEX (.HSI) Target 32,000.00 The win streak has reached six sessions for the Hong Kong Stock Market, which has soared more than 1,450 points or 4.8 percent along the way. The Hang Send Index now rests just above the 31,510-point plateau although it’s overdue for profit taking on Friday. The global forecast for […]
HANG SENG INDEX (.HSI) Entry at 30,000 Overall, the bias in prices is: Upwards. The projected upper bound is: 32,119.63. The projected lower bound is: 30,049.01. The projected closing price is: 31,084.32. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 5 white candles […]
HANG SENG INDEX (.HSI) Heffx Technical Outlook Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 30,730.41. The projected upper bound is: 32,022.19. The projected lower bound is: 29,953.14. The projected closing price is: 30,987.66. Candlesticks A white body occurred (because prices closed higher than they opened). […]
HANG SENG INDEX (.HSI) Bearish Trend Overall, the bias in prices is: Sideways. The projected upper bound is: 31,457.72. The projected lower bound is: 29,436.49. The projected closing price is: 30,447.11. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 5 white candles and […]