Hong Kong: HANG SENG INDEX (.HSI) HSBC Misses Key Growth Forecasts Despite an apparently vigorous pre-tax profit and revenues for 2018, HSBC Holdings plc and its operational results fell woefully short of analysts’ expectations and were punished with a 2.7% drop in its stock price at Hong Kong’s Hang Seng index today. Europe’s largest bank unveiled a […]
Hong Kong: HANG SENG INDEX (.HSI) credit figures for January added to signs of increased stimulus A rally in Chinese equities steepened Monday as bumper credit figures for January added to signs of increased stimulus. The Shanghai Composite Index jumped 2.7 percent by the close, taking its rebound since a Jan. 3 low to 12 […]
Hong Kong: HANG SENG INDEX (.HSI) stumbles as differences frustrate US-China talks Major Asian stock markets closed lower on Friday, following the release of U.S. retail data overnight which raised concerns over a slowing American economy. Investors await developments from the ongoing U.S-China trade negotiations in Beijing. Mainland Chinese markets saw losses on the day. […]
Hong Kong: HANG SENG INDEX (.HSI) optimism over U.S.-China trade talks and a new deal to avoid a government shutdown Investors were caught by surprise by a report showing that U.S. retail sales fell by 1.2% in December, the largest single-month decline since 2009 and well below the flat growth expected by economists polled by MarketWatch. […]
Higher risk appetite and improved sentiment bolstered stocks in China and Hong Kong: HANG SENG INDEX (.HSI) Higher risk appetite and improved sentiment bolstered stocks in China and Hong Kong on Wednesday, as all benchmark indexes staged a mini rally. The Hang Seng Index rose to a near six-month high, boosted by investors who are […]
Hong Kong: HANG SENG INDEX (.HSI) investors had recoiled from making further big bets ahead of news from US-China trade negotiations in Beijing later this week China’s benchmark stock indexes were trading flat on Tuesday morning after starting the Lunar New Year strong on Monday, while Hong Kong shares opened lower. Traders said that after […]
Hong Kong: HANG SENG INDEX (.HSI) market is hoping US-China trade talks will at least yield an extension of March 1 deadline A 7.6 per cent year-on-year increase in domestic tourism during the Lunar New Year holiday failed to boost stocks on the first day of trading in the Year of the Pig in mainland […]
Hong Kong: HANG SENG INDEX (.HSI) 8.60% Higher Over past 13 Weeks Shares of Hang Seng Index ETF (2833.HK) have been trending up over the past quarter, revealing solid bullish momentum for the equity, as they ran 8.60 over the past 13 weeks. Looking more nearterm, the stock moved 1.25% for the week. Looking slightly […]
Hong Kong: HANG SENG INDEX (.HSI) poised for continued upbeat momentum China’s stocks posted their best monthly performance in January in a year, as the world’s biggest emerging equity market recovered from the world-beating decline in 2018. The Shanghai Composite Index rose 3.6 per cent last month, the biggest gain since January 2018. Equities were […]
Hong Kong: HANG SENG INDEX (.HSI) Mixed After Wall Street Gains All three Wall Street benchmark indexes closed higher on Monday, lead by gains in the technology and industrials sectors, as traders geared themselves up for another week of earnings reports, which they are hoping will continue to carry the markets. The S&P 500 closed […]
Hong Kong: HANG SENG INDEX (.HSI) Lunar New Year holidays Shares in Hong Kong, Japan and Australia saw gains on Monday. Hong Kong’s Hang Seng index, which closed earlier at 12:00 p.m. HK/SIN today with the eve of the Lunar New Year holidays, edged up 0.21 percent to close at 27,990.21. Over in Japan, the Nikkei 225 advanced […]
Hong Kong: HANG SENG INDEX (.HSI) red hot after the nightmare of 2018 Hong Kong’s Hang Seng shot up 8 per cent in January, after suffering a loss of 15 per cent over all of last year. On Thursday, the Hang Seng closed at the highest level in four months – 27,942.47, or a 1.1 […]
Hong Kong: HANG SENG INDEX (.HSI) gains came after the U.S. central bank kept interest rates unchanged Hong Kong shares rose to an over four-month high on Thursday, after the U.S. Federal Reserve signaled it would be patient about further rate increases. The Hang Seng Index added 1.1% to 27,942.47, its highest close since Sept. […]
Hong Kong: HANG SENG INDEX (.HSI) investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates Shares in Hong Kong closed higher on Wednesday as investors bet on the U.S. Federal Reserve to take a pause in hiking interest rates and China to step up efforts to boost decades-low growth. […]
Hong Kong: HANG SENG INDEX (.HSI) renewed US-China tensions Stocks in Asia were mostly lower on Tuesday as fresh concerns over a slowing Chinese economy and renewed trade tensions weighed on investor sentiment. Mainland Chinese markets slipped as investors kept an eye on Beijing’s ongoing trade war with Washington. The Shanghai composite declined 0.1 percent to close […]
Hong Kong: HANG SENG INDEX (.HSI) stocks end higher ahead of the release of preliminary economic data Chinese and Hong Kong stocks rose on Friday, with both benchmarks capping weekly gains, as investors keep an eye out on preliminary January economic data and high-stakes US-China trade talks due next week. The Shanghai Composite Index added […]
Hong Kong: HANG SENG INDEX (.HSI) uncertainties surrounding the global economic outlook Most Asian markets closed higher on Thursday amid uncertainties surrounding the global economic outlook as well as the ongoing U.S.-China trade fight. The mainland Chinese markets, watched in relation to the ongoing trade fight between Beijing and Washington, recovered from earlier losses. The Shanghai […]
Hong Kong: HANG SENG INDEX (.HSI) uncertainty over US-China trade talks Major stock markets in Asia ended mixed on Wednesday amid concerns over the state of ongoing U.S.-China trade negotiations, after reports emerged that the White House canceled a trade planning meeting with Beijing this week. The mainland Chinese markets, closely watched in relation to […]
Hong Kong: HANG SENG INDEX (.HSI) concerns about the global economic outlook Stocks in Asia declined on Tuesday as investor sentiment dipped on concerns about the global outlook, after the International Monetary Fund (IMF)slashed its world economic growth forecast on Monday. In the Greater China region, the Shanghai composite declined about 1.18 percent to close at around 2,579.70 and […]
Hong Kong: HANG SENG INDEX (.HSI) investors shrugged off data showing the Chinese economy slowed Hong Kong’s main Hang Seng index crept higher on Monday as investors shrugged off data showing the Chinese economy slowed within market expectations in the fourth quarter of 2018, amid expectations that Beijing would roll out more stimulus to boost […]
Hong Kong: HANG SENG INDEX (.HSI) bets of US/China trade progress Australian shares are set to open higher on hopes that the US and China are moving to resolve their trade dispute. ASX futures were up 43 points. US markets will be closed Monday for a holiday. The Australian dollar slipped 0.4 per cent. Wall […]
Hong Kong: HANG SENG INDEX (.HSI) struggling for gains despite strong US earnings Asia Pacific shares traded mixed on Thursday, despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. Worries over China likely weighed on market sentiment. Japan’s Nikkei 225 erased early gains of near 0.3 percent […]
Hong Kong: HANG SENG INDEX (.HSI) Investors now focus on a no-confidence vote on May’s government by Britain’s parliament Asian shares ended mostly higher on Wednesday even as the U.K. House of Commons voted down Prime Minister Theresa May’s Brexit deal by a crushing margin, stoking fresh uncertainty. Investors now focus on a no-confidence vote […]
Hong Kong: HANG SENG INDEX (.HSI) Beijing pledges a mix of tax breaks to help businesses Hong Kong and China stocks shot up Tuesday, after the Chinese government pledged tax cuts to boost manufacturing and small enterprises amid a slowing economy and the US-China trade war. The Hang Seng Index surged 2 per cent, or […]
Hong Kong: HANG SENG INDEX (.HSI) ends six-day stretch of gains Shares in Hong Kong and Shanghai fell and the yuan declined as China’s weakest trade data since 2016 fueled concern about the impact of a dispute with the U.S. and slowing economy. The Hang Seng Index fell 1.4 percent, ending a six-day run of […]
Hong Kong: HANG SENG INDEX (.HSI) focus for local investors will be offshore this week Australian shares are poised to start the week on a positive note as investors await the start of the US reporting season for a read on the outlook for corporate profits. ASX futures up 15 points. The Australian dollar edged […]
Hong Kong: HANG SENG INDEX (.HSI) firm on continued trade optimism and surging crude oil prices The Hong Kong stock market has climbed higher in four straight sessions, gathering almost 1,400 points or 5.5 percent along the way. The Hang Seng Index now rests just above the 26,460-point plateau and it’s expected to open higher […]
Hong Kong: HANG SENG INDEX (.HSI) progress toward ending their trade war and a Beijing official indicated new policies are coming to boost domestic consumption The Hang Seng Index rose 2.3 per cent, or 586.87 points, to 26,462.32, while the Hang Seng China Enterprises Index gained 2.2 per cent, or 224.47 points, to 10,358.21. On […]
Hong Kong: HANG SENG INDEX (.HSI) improved market sentiment Most markets in Asia opened higher on Tuesday as investor sentiment improved on the back of the positive trade talks between the United States (US) and China. Earlier cautious comments coming from the US Federal Reserve on future rate hikes also continued to provide relief to […]
Hong Kong: HANG SENG INDEX (.HSI) investor sentiment picked up slightly Stocks in Asia gained on Monday as investor sentiment picked up slightly amid a new round of trade negotiations between the United States and China in Beijing. Japan’s Nikkei 225 bounced 2.44 percent to close at 20,038.97 while the Topix jumped 2.81 percent to […]
Hong Kong: HANG SENG INDEX (.HSI) technology firms again in the firing line Hong Kong stocks opened with more losses Friday following another steep drop on Wall Street, with technology firms again in the firing line after Apple’s shock decision to slash its December quarter revenue forecast. The Hang Seng Index eased 0.47 percent, or […]
Hong Kong: HANG SENG INDEX (.HSI) 2019 Overall, the bias in prices is: Sideways The projected upper bound is: 29,407.27. The projected lower bound is: 21,961.63. The projected closing price is: 25,684.45. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 2 white candles […]
Hong Kong: HANG SENG INDEX (.HSI) stocks give up early gains An incredible day on Wall Street, which saw major indexes finishing at least 5% higher, spurred Asian stock gains Thursday as some traders returned from a Christmas break. U.S. markets were, however, indicating a pullback in the Thursday session. Stock markets also got a […]
Hong Kong: HANG SENG INDEX (.HSI) brace for possible wild ride Hong Kong traders are bracing themselves for what could be a wild session when trading resumes Thursday, following days of drama building out of the US that sparked a bloodbath on Wall Street and in Tokyo. The Hong Kong market has been closed since […]
Hong Kong: HANG SENG INDEX (.HSI) city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve Hong Kong shares ended lower on Thursday after the city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve, and warned of increasing downside risks to the […]
Hong Kong: HANG SENG INDEX (.HSI) Halts Losing Streak The Hong Kong stock market has fallen lower in three straight trading days, sliding almost 700 points or 2.7 percent in that span. The Hang Seng Index now rests just beneath the 25,815-point plateau, although it figures to get a lift from bargain hunters on Wednesday. […]
Hong Kong: HANG SENG INDEX (.HSI) hit by a double whammy of policy disappointment in China Hong Kong stocks slipped on Tuesday, hit by a double whammy of policy disappointment in China and depressing share prices across the region. The Hang Seng index fell 1.1 percent to 25,814.25, while the Hang Seng China Enterprises index […]
Hong Kong: HANG SENG INDEX (.HSI) stock market faces continued headwinds in 2019 Hong Kong stocks are closing out a rough year and the outlook for 2019 remains largely negative, according to analysts and investors. Headwinds from a weakening economy in China, the Beijing-Washington trade war, concerns about signs of emerging U.S. weakness and an expected slowdown […]
Hong Kong: HANG SENG INDEX (.HSI) rising diplomatic tensions between Beijing and Ottawa Stocks in Hong Kong and China fell in morning trading on Friday on the back of weak November economic data and rising diplomatic tensions between Beijing and Ottawa. The benchmark Hang Seng Index slipped 1.4 per cent, or 372.24 points, to 26,152.11 […]
Hong Kong: HANG SENG INDEX (.HSI) two-day rally has helped erase losses Today’s rally across Asian stock markets has put the regional benchmark index in the green for the week. Barely. The MSCI Asia Pacific Index climbed 0.6 percent as of 4:52 p.m in Hong Kong on Wednesday. Its two-day rally has helped erase losses […]
Hong Kong: HANG SENG INDEX (.HSI) market participants forecast a slower pace of interest rate hikes in the U.S Hong Kong stocks rose on Wednesday as market participants forecast a slower pace of interest rate hikes in the U.S. and possible policy stimulus in China. At the close of trade, the Hang Seng index was […]
Hong Kong: HANG SENG INDEX (.HSI) worries about a slowdown in global growth Headline shares of the Hong Kong financial market were lower on Tuesday, 11 December 2018, as worries about a slowdown in global growth along with trade war concerns between the world’s two largest economies kept investors on the back foot. Meanwhile, fresh […]
Hong Kong: HANG SENG INDEX (.HSI) questions remain about the details of the trade agreement Stocks in Asia mostly slipped on Tuesday amid uncertainty about the future of U.S.-China trade relations. Japan’s Nikkei 225 fell by 2.39 percent to close at 22,036.05 while the Topix index shed 2.36 percent to 1,649.20 by the end of […]
Hong Kong: HANG SENG INDEX (.HSI) temporary pause on escalating the ongoing trade war Stocks in Asia saw gains on Monday after Presidents Donald Trump and Xi Jinping agreed to a temporary trade truce between the United States and China. The mainland Chinese markets, closely watched as a result of Beijing’s ongoing trade spat with […]
Hong Kong: HANG SENG INDEX (.HSI) overtakes Japan as the world’s 2nd biggest economy When it comes to paying up for the world’s common causes, like human rights, open-source research, climate change, ravages of war and famine in faraway countries, China likes to stress that as a poor country it lacks the means and urgencies […]
Hong Kong: HANG SENG INDEX (.HSI) investors remain wary ahead of the upcoming G20 meeting China shares rose on Thursday morning on hopes for policy support and as U.S. Federal Reserve Chairman Jerome Powell made comments interpreted as a dovish shift, but investors remain wary ahead of the upcoming G20 meeting in Argentina. At the […]
Hong Kong: HANG SENG INDEX (.HSI) traders bank on the chance of a US-China trade detente from the G20 meeting The Hang Seng Index rose 1.3 per cent and the Shanghai Composite Index added 1.1 per cent for the first gain in five days. Tencent Holdings gained the most in almost two weeks in Hong […]
Hong Kong: HANG SENG INDEX (.HSI) investors mulled the pending G-20 meeting The Hong Kong Hang Seng Index traded evenly and fell slightly on Tuesday, shrugging off positive Wall Street cues as investors mulled the pending G-20 meeting and the prospects for higher interest rates in the US. President Donald Trump is expected to meet […]
Hong Kong: HANG SENG INDEX (.HSI) markets mixed Asia markets were mixed on Monday as energy stocks declined after oil prices fell last week to their lowest levels in more than a year. Chinese markets erased earlier gains to close lower: The Shanghai composite was down 0.14 percent to close at around 2,575.81 while the […]
Hong Kong: HANG SENG INDEX (.HSI) Stocks Fall U.S. stocks closed lower after a shortened session on Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. Investors will be watching next week when Presidents Xi Jinping and Trump meet at the […]
Hong Kong: HANG SENG INDEX (.HSI) Buy on Dips The Hong Kong stock market moved back to the upside again on Wednesday, one session after it had snapped the three-day winning streak in which it had gathered more than 715 points or 2.7 percent. The Hang Seng Index now rests just above the 25,970-point plateau […]
Hong Kong: HANG SENG INDEX (.HSI) showing signs of decoupling from US counterparts Stock markets in mainland China and Hong Kong reversed earlier losses to close higher on Wednesday, shrugging off an overnight rout in US shares. They bucked declines elsewhere in Asia that took their cues from a sell-off in the US, as traders […]
Hong Kong: HANG SENG INDEX (.HSI) uncertainty continues to swirl around the dispute Chinese stocks were the world’s worst performers Tuesday, falling the most this month, and Hong Kong’s November rebound came unstuck. The CSI 300 Index slid 2.3 percent, with technology shares leading declines after another sell-off in the U.S. That also dragged on […]
Hong Kong: HANG SENG INDEX (.HSI) global uncertainties on trade and Brexit Stocks in Asia were mostly higher on Monday as ongoing tensions between the United States and China continued to weigh on investor sentiment. Chinese mainland markets traded higher: The Shanghai composite gained 0.91 percent to close at around 2,703.51 while the Shenzhen composite […]
Hong Kong: HANG SENG INDEX (.HSI) slowdown in growth ‘China wants a deal’: Trump: President Donald Trump said he is optimistic about resolving the US trade dispute with China after receiving a response to his demands from Beijing. In Hong Kong, the Hang Seng index was up 0.3 per cent at 26,183.53 on Friday, and […]
Hong Kong: HANG SENG INDEX (.HSI) posting their strongest daily gains in nearly two weeks Hong Kong shares ended firmer, after posting their strongest daily gains in nearly two weeks on Thursday, lifted by hopes that discussions between China and the United States could lead to a trade war detente and as strong earnings from […]
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) potential trade deal between US and Beijing Hong Kong’s Hang Seng index surged 4.21 percent by Friday’s close following a report that U.S. President Donald Trump has asked officials in his administration to start drafting a potential trade deal with Beijing.. Meanwhile, China’s Shanghai composite and Shenzhen composite saw […]
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) economy’s factories slows amid ongoing US-China trade war Hong Kong and China markets both ended higher on Wednesday, shrugging off China’s worse-than-expected reading for manufacturing activity for October. The Hang Seng Index rose 1.6 per cent, or 394.16 points, to 24,979.69, while the Hang Seng China Enterprises Index added […]
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 […]
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% […]