Hong Kong stocks dropped for a third day, as investors held off on bets while a pullback in Chinese equities showed no sign of abating on concerns that recent gains were too fast. The Hang Seng Index fell 0.9 per cent to 25,104.85 as of 11.04am local time, adding to a 1.1 per cent loss…
Hong Kong stocks lost ground for a second straight day on Wednesday amid cautious sentiment, as a solid run on mainland equities showed signs of fatigue after a key benchmark hit a decade high. The Hang Seng Index slipped 0.6 per cent to 25,343.43 at the close, extending a 0.5 per cent decline a day…
In the second instalment of the two-part series on the outlook for the Hong Kong and mainland Chinese stock markets, Zhang Shidong and Yulu Ao look at the catalysts that could underpin the rally. Read part one here. When Chinese stocks hit a 10-year high this week, Jian Shi Cortesi saw it as a sign…
The Hang Seng Index rose 0.6 per cent to 25,156.89 at the noon break and was set to end a nearly 2 per cent loss accumulated over the past three days. The Hang Seng Tech Index also advanced 0.6 per cent. Trading continued to be hot on the mainland’s markets, as the CSI 300 Index…
Mainland Chinese stocks rose on Monday, driving a key gauge to a decade high amid increasing signs that investors have been rotating out of bonds and bank deposits into equities in hunt for better returns. The Shanghai Composite Index advanced 0.9 per cent to 3,728.03 at the close, a level not seen since August 19,…
Hong Kong stocks rallied on Wednesday, setting the benchmark gauge for its best one-day performance in seven weeks, as tame US inflation data fuelled rate-cut expectations and corporate earnings prospects brightened. The Hang Seng Index rose 1.9 per cent to 25,439.91 at the noon break, the most since a 2.1 per cent gain on June…
Hong Kong stocks traded in a narrow range on Tuesday, as traders looked past the US tariff pause extension to focus on economic data and earnings. The Hang Seng Index added 0.1 per cent to 24,929.34 at the noon break. The Hang Seng Tech Index dropped 0.4 per cent. On the mainland, the CSI 300…
Trading in Hong Kong was subdued on Monday ahead of the expiry of the US-China tariff deadline and earnings from China’s biggest technology companies. The Hang Seng Index fluctuated between gains and losses, rising 0.2 per cent to 24,906.90 at the noon break. The Hang Seng Tech Index added 0.1 per cent. On the mainland,…
An upbeat mood in global equities extended Hong Kong stocks’ winning streak to four days on Thursday, as investors anticipated a rate cut by the Federal Reserve and looked past the fallout of tariffs on economic growth. The Hang Seng Index rose 0.4 per cent to 25,001.64 as of 10.12am local time. The Hang Seng…
Concerns about the durability of China’s growth and corporate earnings reports put Hong Kong stocks on track for their first weekly decline in nearly a month, as investors moved beyond their optimism about the outcomes of tariff talks. The Hang Seng Index retreated 0.2 per cent to 24,727.78 at the noon break on Friday. For…