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…
Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth…
SHANGHAI, Sept 8 – Chinese shares were little changed on Monday, as gains in consumer staples helped counter losses in artificial intelligence stocks, with investors pulling out of crowded high-growth sectors. ** China’s blue-chip CSI300 Index was flat by the lunch break, while the Shanghai Composite Index gained 0.2%. ** Meanwhile, Hong Kong benchmark Hang…
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….
Yi Huiman, the former regulator of China’s equities market, is being investigated for disciplinary breaches, as the country’s long-standing anti-graft campaign extends into all corners of the financial industry, from banking to the stock market. Yi, the chairman of the China Securities Regulatory Commission (CSRC) from January 2019 to February 2024, has been detained by…
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…
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a bubble while offering little support to the slowing economy, according to historical lessons, Nomura has warned. The Japanese investment bank cautioned that the rally may have even less impact on growth than the 2014-15 boom, which ended…