Hong Kong stocks headed for the first weekly decline this month as concerns about frothy valuations for global equities dampened sentiment and drug makers slid after the Trump administration announced a fresh bout of tariffs on the industry. The Hang Seng Index fell 0.6 per cent to 26,320.69 as of 11.01am local time, taking the…
Hong Kong stocks rose on Monday, extending a weekly gain, as trading carried on despite Typhoon Tapah triggering a No 8 signal that is expected to remain in force until 1pm. The Hang Seng Index gained 0.4 per cent to 25,522.09 as of 10.08am local time. The Hang Seng Tech Index added 0.3 per cent….
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,…