Hong Kong stocks fell on Friday, snapping a three-day gain, after talks between US President Donald Trump and his Chinese counterpart Xi Jinping failed to produce a breakthrough on ending the tariff dispute. The Hang Seng Index eased 0.4 per cent to 23,823.89 at 10.10am local time, trimming the week’s advance to 2.3 per cent….
Hong Kong stocks fell on Tuesday after notching the biggest gain in two months a day earlier, as traders digested the apparent breakthrough in the China-US trade talks. The Hang Seng Index dropped 1.7 per cent to 23,156.89 at the noon break, giving up some of Monday’s 3 per cent gain. The Hang Seng Tech…
Hong Kong stocks rose for a sixth straight day after Beijing unveiled a number of measures to support the economy and stabilise its markets ahead of US-China tariff talks this weekend. Overnight, the US Federal Reserve kept its interest rate unchanged, reiterating that it was not in a hurry to make cuts. Also, the Trump…
Hong Kong stocks rose for a fifth straight trading day on anticipation of US-China trade talks later this week, coupled with continued capital inflows into the city, which have pushed the local currency to the strong end of its trading band. The Hang Seng Index rose 1.8 per cent to 23,075.77 at 10am on Wednesday….
Hong Kong stocks fell on Tuesday, taking their cue from the sell-off overnight on Wall Street after US President Donald Trump questioned the Federal Reserve’s monetary policy. The Hang Seng Index eased 0.5 per cent to 21,280.87 as of 10.47am local time. The Hang Seng Tech Index lost 1.3 per cent. Hong Kong’s market was…
Hong Kong stocks fell sharply on Wednesday, as investors fretted over the ongoing US-China trade war that shows no signs of dying down, while ignoring China’s economic growth in the first quarter. Disappointing data from China’s property sector did not help sentiment either. The Hang Seng Index dropped 2.5 per cent to 20,922.54 at the…
Hong Kong’s benchmark stock index soared, tracking advances across most Asia-Pacific markets, after US President Donald Trump put a 90-day pause on his import tariffs for most of America’s trading partners except China. The Hang Seng Index rose 4.5 per cent to 21,169.82 at 10am local time, the biggest jump since October. On the mainland,…
Hong Kong stocks fell on Wednesday as US President Donald Trump’s expected tariff announcement in Washington cast a shadow of uncertainty over global trade. The Hang Seng Index dropped 0.8 per cent to 23,020.80 as of 9.40am local time. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index…
Hong Kong stocks swung between gains and losses on Wednesday, as investors held off on bets ahead of earnings from Tencent Holdings and a Federal Reserve meeting. The Hang Seng Index rose less than 0.1 per cent to 24,745.10 as of 11.22am local time, hovering near a three-year high. The Hang Seng Tech Index dropped…
Hong Kong stocks rose for a second day on Tuesday on hopes that a potential meeting between the leaders of the US and China could ease a trade war between the world’s top two economies, with overnight gains in US-listed Chinese tech stocks further aiding sentiment. The Hang Seng Index increased 1.8 per cent to…