hang seng – Charm – Daily News

Global Market: China stocks rebound as state support boosts sentiment, tech shares remain under pressure

2 weeks ago05 mins

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…

Macroscope | Why Hong Kong has become the worst-performing major stock market

1 month ago03 mins

There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield…

Hong Kong police arrest man after attempted armed bank robbery in Causeway Bay

3 months ago02 mins

Hong Kong police have arrested a man shortly after he allegedly attempted an armed bank robbery in Causeway Bay on Thursday afternoon. A police source said the 60-year-old unemployed suspect allegedly tried to steal HK$100,000 (US$12,760) from a Hang Seng Bank branch on Yee Wo Street shortly before 5pm. He was carrying two knives, each…

Asian stocks today: Markets record moderate movement; Nikkei slips 0.2%, Hang Seng up 0.28%

Cs news9 months ago9 months ago03 mins

Asian shares held steady on Tuesday after recent strong gains, as optimism over easing global trade tensions kept investor sentiment positive. Tech stocks continued their rally ahead of key earnings from major companies this week.Expectations of potential interest rate cuts in the United States and Canada supported bond markets, while the dollar remained flat as…

China’s Tech Shares Slide Amid Military Parade Focus

Cs news11 months ago01 mins

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…

Alibaba soars but Asia markets dip

Cs news11 months ago04 mins

Alibaba rocketed 15 percent after bumper results after hours on Friday, including a surge in AI revenue (ALAIN JOCARD) Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. Alibaba rocketed 15 percent following bumper results after hours on Friday, including…

Global markets today: Kospi, ASX 200 trade mix following China’s benchmark rates

Cs news1 year ago03 mins

Global markets today: Asian markets showed a mixed trend on Monday, with investors closely monitoring the People’s Bank of China’s upcoming decision on the 1-year and 5-year loan prime rates for July, along with recent trade-related developments. South Korea’s markets opened on a positive note, with the Kospi index rising 0.45 per cent, while the…

Global markets today: Nikkei, Kospi continues to trade mix ahead of China’s economic data releases

Cs news1 year ago03 mins

Global markets today: Asian markets trade mix on Tuesday, July 15, as investors seem to brush aside the uncertainty surrounding U.S. President Donald Trump’s fluctuating tariff stance and shift their focus to upcoming economic data from China. Japan’s Nikkei 225 remained largely unchanged, while the broader Topix index rose by 0.32 per cent. Japan’s 10-year…

Global markets today: Nikkei, Kospi trade mix on Trump’s 30% tariffs on European Union and Mexico

Cs news1 year ago1 year ago03 mins

Global markets today: Asian markets open on a mix note on Monday as investors react to the 30 per cent tariffs imposed by U.S. President Donald Trump on the European Union and Mexico over the weekend. Japan’s Nikkei 225 had slipped 0.33 per cent, while the broader Topix index edged lower by 0.21 per cent….

Hang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk

Cs news1 year ago05 mins

Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and…