Hong Kong stocks fell on Wednesday as US President Donald Trump’s expected tariff announcement in Washington cast a shadow of uncertainty over global trade. The Hang Seng Index dropped 0.8 per cent to 23,020.80 as of 9.40am local time. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index…
Hong Kong stocks swung between gains and losses on Wednesday, as investors held off on bets ahead of earnings from Tencent Holdings and a Federal Reserve meeting. The Hang Seng Index rose less than 0.1 per cent to 24,745.10 as of 11.22am local time, hovering near a three-year high. The Hang Seng Tech Index dropped…
Hong Kong stocks rose for a second day on Tuesday on hopes that a potential meeting between the leaders of the US and China could ease a trade war between the world’s top two economies, with overnight gains in US-listed Chinese tech stocks further aiding sentiment. The Hang Seng Index increased 1.8 per cent to…
Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its biggest weekly gain in almost two months, as optimism grew that China would take more steps to support the nation’s economic growth and technology innovation. The Hang Seng Index added 0.6 per cent to 24,504.80 at the…
Hong Kong stocks rose on Wednesday, led by a record surge in one of the city’s largest companies after CK Hutchison Holdings disposed of assets near the Panama Canal amid US-China tensions and an unfolding trade war. The Hang Seng Index advanced 1.1 per cent to 23,203.85 as of 11.12am local time. The Hang Seng…
Hong Kong stocks swung between gains and losses on Thursday, as volatility increased after a tech-driven rally sent key benchmarks to multi-year highs. The Hang Seng Index dropped from a three-year high, falling 0.4 per cent to 23,705.54 as of 10.13am local time. The Hang Seng Tech Index lost 0.7 per cent after briefly touching…
Hong Kong stocks recovered some ground on Tuesday after trading lower earlier in the session, as geopolitical tensions flared up following the US’ move to restrict Chinese investment in American technology and infrastructure. The Hang Seng Index was down 0.7 per cent to 23,193.20 as of 11.35am local time. At one point, the benchmark was…
Hong Kong stocks fell, snapping a six-day winning streak after broad losses among technology companies, while weaker-than-expected earnings from New Oriental Education & Technology deepened losses. The Hang Seng Index fell 1.4 per cent to 19,830.27 as of 9.57am local time, while the Hang Seng Tech Index lost 2.1 per cent. On the mainland, the…
Hong Kong stocks trimmed the gains spurred by official data showing China’s fourth-quarter growth exceeded expectations, as investors weighed the sustainability of the recovery. A plunge in China Vanke, the nation’s biggest property developer by revenue, also tempered sentiment. The Hang Seng Index added 0.3 per cent to 19,584.06 at the close, paring a gain…
China’s stocks fell for the first time this week, as investors struggle to find a catalyst for powering the trading pause in many global markets during the Christmas holiday week. The CSI 300 Index, which tracks 300 of the largest stocks in Shanghai and Shenzhen, slid 0.2 per cent to 3,976.53 as of 9.56am local…