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…
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…
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…
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 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,…