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26 Feb Hong Kong stocks drop for second day as traders await corporate earnings from Baidu, NetEase Li Auto to back up sentiment-driven rebound

Posted at 02:55h in Asia

Hong Kong stocks fell for a second day as traders held off bets after a three-week rally. The market is looking for signs of stronger corporate earnings from Baidu, NetEase and Li Auto this week to support the recent rebound fuelled by China’s market intervention.The...

13 Feb Fund managers want Beijing to do more to keep the US$380 billion rally in Chinese and Hong Kong stocks going

Posted at 23:30h in Asia

“In this delicate scenario, it may be advantageous to remain nimble and flexible,” said Redmond Wong, a strategist at Saxo Markets in Hong Kong. “Short-term traders can find opportunities amid volatility. The stocks of state-owned enterprises and large caps will benefit from the [state] buying....

08 Feb China’s short-selling activity slumps to 3-year low after regulator imposes curbs to bolster US$8.3 trillion stock market

Posted at 06:24h in Asia

Investors in China’s US$8.3 trillion onshore stock market have trimmed their bearish bets to the lowest in more than three years amid curbs imposed by the regulator on securities lending and short selling activities.The outstanding value of shorted yuan-traded stocks fell to 51.7 billion yuan...

08 Feb Hong Kong stocks slip on Alibaba’s earnings miss while China’s deepening deflation spook investors

Posted at 03:00h in Asia

Hong Kong stocks fell for a second day from a three-week high after Alibaba Group’s earnings report card trailed market expectations. A new government report showed deflation in China’s consumer and producer prices deepened into the new year.The Hang Seng Index declined 0.3 per...

07 Feb Hong Kong stocks extend gains spurred by China’s policy support and state buying; Haidilao surges ahead of Lunar New Year

Posted at 03:02h in Asia

Hong Kong stocks rose for a second day as investors cheered measures taken by the Chinese government as authorities worried that the US$5 trillion sell-off posed a risk to the country’s financial and social stability.A series of moves made by the Chinese government, ranging...

06 Feb China’s market regulator pulls out all stops to boost sentiment as stocks meltdown imperils financial and social stability

Posted at 10:15h in Asia

China’s securities regulator has rolled out a slew of measures, ranging from short-selling curbs to harsher penalties for market breaches, in a bid to reverse a stock market rout that is seen posing a risk to financial and social stability.Tuesday’s announcement by the China Securities...

06 Feb Wall Street snubs China for India in a historic markets shift

Posted at 08:02h in Asia

“People are interested in India for several reasons, one is simply it’s not China,” said Vikas Pershad, Asian equities portfolio manager at M&G Investments in Singapore. “There’s a genuine long-term growth story here.” 05:39Hong Kong stock market falls below 15,000 level, its lowest in 15 monthsHong...

06 Feb China intervenes as post-Covid stock rout reaches US$5 trillion and regulator heightens scrutiny reminiscent of 2015 crash

Posted at 05:44h in Asia

China’s state-run funds have stepped in to shore up stock prices, as regulatory authorities struggled to overcome “uber-weak” confidence among global investors after a rout in Chinese stocks that plunged the market this week to the lowest level since 2019.The funds, often dubbed the “National...

06 Feb Hong Kong stocks lifted by regulator pledge to stem the rout and stepped-up buying by China sovereign wealth fund

Posted at 02:48h in Asia

Hong Kong stocks rose on Tuesday, halting a two-day decline, after China’s securities regulator pledged a slew of measures to stem the rout and the nation’s sovereign wealth funds boosted buying of onshore shares.The Hang Seng Index climbed 1.4 per cent to 15,721.63 as...

05 Feb Hong Kong stocks start week on downbeat note as lack of meaningful government support measures and geopolitical risks weigh

Posted at 02:49h in Asia

Hong Kong stocks fell at the open on Monday, extending last week’s losses, as the lack of supportive government measures and potential geopolitical risks dented risk appetite.The Hang Seng Index fell 0.7 per cent to 15.425.86 as of 10.11am local time. The benchmark lost...

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