Caution returned to Hong Kong stocks as the city’s benchmark fell from its highest point in three years, with investors gearing up for the US Federal Reserve’s rate decision and earnings reports. The Hang Seng Index fell 0.9 per cent to 25,316.44 as of 10.08am local time on Tuesday, while the Hang Seng Tech Index…
Hong Kong stocks started the week on a solid note after the US and the European Union (EU) agreed on a trade deal with a lower-than-expected tariff rate that could prevent the global economy from slipping into a recession. The Hang Seng Index rose 0.6 per cent to 25,533.23 at 10.07am local time, while the…
The run-up that drove Hong Kong stocks to the highest level in more than three and a half years continued on Wednesday after the US scheduled a fresh round of talks with China next week and clinched a trade deal with Japan, reducing concerns about damage to the global economy. The Hang Seng Index rose…
Hong Kong stocks fluctuated between gains and losses on Tuesday as investors awaited a high-level government meeting in China that may set the policy tone for the second half. The Hang Seng Index rose 0.1 per cent to 24,996.73 as of 10.07am local time. The Hang Seng Tech Index was little changed. On the mainland,…
Richard Li (left) attends the IPO ceremony of his FWD Group at Exchange Square in Central, Hong Kong. Shanshan Kao/Forbes Asia Hong Kong billionaire Richard Li’s insurer FWD Group saw its shares close flat in the company’s long-awaited Hong Kong stock market debut Monday, marking the culmination of the company’s nearly five years of efforts…
Hong Kong’s stock market stamp duty income is filling the city’s financial coffers at the fastest pace since 2021, amid a bull run on the local bourse that has attracted scores of initial public offerings (IPOs) and fuelled frenzied trading. Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five…
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…
Investors on the mainland showed a strong appetite for Hong Kong stocks in the first half of 2025 via the southbound channel of the Stock Connect programme, putting purchases on track to reach a record that was set last year. Mainland buying of Hong Kong stocks reached HK$731.2 billion (US$93 billion) in the first half…
SHANGHAI, – Mainland China and Hong Kong stocks edged higher on Wednesday as global sentiment improved following a ceasefire between Israel and Iran, while some hopes for an earlier-than-expected rate cut from the Federal Reserve also lent support. China, HK stocks rise as Middle East truce lifts sentiment ** The ceasefire brokered by U.S. President…
Hong Kong stocks rose by the most in six weeks amid a slide in global oil prices after US President Donald Trump claimed a tentative ceasefire between Iran and Israel, fuelling risk appetite and easing concerns about the disruption of global oil supply. The Hang Seng Index advanced 2 per cent to 24,150.76 at the…