China and Hong Kong stocks advanced on Thursday, with healthcare shares surging and technology stocks recovering some of their steep losses from the previous session, as broader gains across Asian markets helped restore investor sentiment, Reuters reported. China’s blue-chip CSI300 index rose 0.2% by the lunch break, after tumbling 3% on Wednesday. The Shanghai Composite…
China and Hong Kong stocks fell on Friday as weakening liquidity, caution ahead of corporate earnings and weakness in property shares weighed on investor sentiment, according to a Reuters report. The blue-chip CSI300 index slipped 0.1% by the lunch break, while the Shanghai Composite Index declined 0.2%. In Hong Kong, the Hang Seng Index dropped…
Chinese equity markets rebounded on Monday after suffering steep losses last week, as signs of government-backed support helped restore investor confidence in traditional sectors. However, technology and semiconductor-related stocks continued to face selling pressure amid concerns over stretched valuations and the global retreat from AI-linked shares, Reuters reported. According to Reuters, the benchmark CSI300 Index…
On Tuesday, China’s stock markets witnessed a decline, primarily influenced by technology stocks. Investors began withdrawing profits after a significant rally in artificial intelligence-related shares, redirecting their focus to the country’s most extensive military parade ever. The blue-chip CSI300 Index experienced a 0.9% drop during the lunch break, with the Shanghai Composite Index losing…
Hong Kong stocks rose from a one-week low as mainland funds ploughed more money into the city’s assets on optimism that Beijing will push for high-quality growth and rein in excessive price competition in some industries. The Hang Seng Index gained 0.5 per cent to 24,182.88 at 9.50am local time on Wednesday, while the Hang…