Hong Kong stocks dropped on Friday after four days of advances, as investors searched for fresh catalysts beyond expectations about a US interest-rate cut that reversed a tumble triggered by concerns about an artificial-intelligence bubble. The Hang Seng Index fell 0.2 per cent to 25,891.18 as of 11.13am local time. For the month, the benchmark…
Hong Kong stocks rose on Wednesday, halting their longest stretch of declines since January 2024, as growing expectations of a Federal Reserve interest rate cut this month helped offset concerns over renewed tensions between China and the US. The Hang Seng Index gained 1.2 per cent to 25,749.68 at the noon break, rebounding from a…
SHANGHAI, Sept 26 – China stocks fell on Friday, but ended the week near their highest level in 3-1/2-years as investor sentiment remained upbeat on growing confidence in the country’s artificial intelligence potential. ** China’s blue-chip CSI300 Index closed down 1%, while the Shanghai Composite Index lost 0.7%. Hong Kong’s benchmark Hang Seng was down…
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 Thursday as a rally in Chinese technology stocks continued. The Hang Seng Index edged up by about 0.4 per cent to 26,633.11 at the noon break. The Hang Seng Tech Index gained 1.9 per cent. On the mainland, the CSI 300 Index rose 0.9 per cent and the Shanghai Composite…
Hong Kong stocks rose on Wednesday, ending a two-day decline as American investor Cathie Wood’s investment in Alibaba Group Holding sparked risk appetite while the market operated smoothly under the shadow of one of the city’s most severe typhoons. The Hang Seng Index rose 0.9 per cent to 26,397.98 at the noon break. The Hang…
Hong Kong stocks rose on Wednesday, ending a two-day decline as China’s shaky economic outlook fuelled stimulus bets. The Hang Seng Index rose 0.3 per cent to 26,240.34 as of 10am. The Hang Seng Tech Index rose 0.4 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added about…
SHANGHAI, Sept 23 – China stocks ended largely unchanged on Tuesday, recovering from losses in the morning session as gains in banking shares helped lift sentiment and offset some profit-taking pressure in the tech sector. Hong Kong equities declined. ** China’s blue-chip CSI300 Index closed down 0.1% after falling as much as 1.4% during the…
Hong Kong stocks fell on Tuesday after a high-level briefing on Monday failed to deliver the easing measures some investors had anticipated. The Hang Seng Index lost 0.5 per cent to 26,221.67 as of 9.45am. The Hang Seng Tech Index dropped 1 per cent. On the mainland, the CSI 300 Index gained 0.4 per cent…
Hong Kong stocks wavered on Thursday, tracking Wall Street’s muted finish, after the Federal Reserve signalled a conservative approach on the pace of future easing. The Hang Seng Index slipped 0.2 per cent to 26,860.61 as of noon trading break, after jumping as much as 0.6 per cent to top 27,000 points. The Hang Seng…