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14 Mar Hong Kong stocks weaken amid earnings caution, property sector rebound triggered by state support expectations

Posted at 03:04h in Asia

Hong Kong stocks retreated as the mood turned cautious ahead of earnings announcements with more than 20 companies, which comprise the Hang Seng index, due to unveil results over the next week.But the benchmark remains within striking distance of a three-month high, as sentiment received...

14 Mar Hong Kong take-private deals soar as cheap valuations tempt investors into company buy-outs

Posted at 00:30h in Asia

For CMIC Vehicles, the low liquidity and cheap valuation have “created difficulty for the company to effectively conduct fundraising exercises on the Hong Kong stock exchange”, it said in a filing to the exchange earlier this week.Similarly, China Traditional Chinese Medicine Holdings, which had been...

13 Mar Li Auto, BYD put Hong Kong stocks on course for best run in 5 months as buying persists

Posted at 02:48h in Asia

Hong Kong stocks rose for a fourth day, the best winning streak in five months, as mood perked up after the main equity gauges broke through some key technical barriers.The Hang Seng Index rose 0.3 per cent to 17,143.34 as of 9.59am local time. The...

13 Mar Hong Kong-listed companies pour spare cash into stock buy-backs, washing away the red ink from Hang Seng Index

Posted at 01:30h in Asia

Companies listed on the Hong Kong stock exchange have accelerated their share buy-back programmes as a means to deploy spare cash and boost investor confidence, a move that has propelled the stocks benchmark to a three-month high, erasing all of its year-to-date-losses.Companies trading in Asia’s...

12 Mar Hong Kong stocks rise to their highest this year as buy-back propels market higher

Posted at 02:55h in Asia

Hong Kong stocks rise to their highest this year as buy-back propels market higherHong Kong stocks rallied on Tuesday amid hopes that current valuations could encourage more company managements to buy back their shares in a bid to boost investor confidence and sentiment.The Hang Seng...

11 Mar Hong Kong stocks open firm as China inflation report triggers hopes of rising consumer demand

Posted at 02:48h in Asia

Hong Kong stocks rose, starting the week on a firm note, after an official report over the weekend spurred optimism that consumer demand was improving in the world’s second largest economy, with positive investor flows also boosting sentiment.The Hang Seng Index advanced 1.4 per cent...

08 Mar Hong Kong stocks extend gains as dovish central banks inspire rate cut hopes

Posted at 02:46h in Asia

Hong Kong stocks gained, amid expectations global central banks will ease monetary conditions this year, with Fed Chair Powell comments about interest rate cuts following those made by PBOC Governor Pan Gongsheng that there is still room to cut banks’ reserve ratio.The Hang Seng Index...

07 Mar Hong Kong stocks hit by geopolitics with China’s biotech companies in US Senate’s cross hairs

Posted at 02:56h in Asia

Hong Kong stock markets weakened in early trade, led by Wuxi Biologics and Wuxi Apptech, after a US bill proposed restricting business with Chinese biotech companies on national security grounds. Source link ...

05 Mar Hong Kong stocks retreat amid worries about economic growth as ‘two sessions’ meeting gets under way in Beijing

Posted at 02:44h in Asia

Hong Kong stocks slipped after China’s GDP target failed to impress investors amid growth worries in the world’s second largest economy as the country’s annual parliamentary meeting, which will provide insights into the government’s plans for the year ahead, gets under way in Beijing.The Hang...

04 Mar Hong Kong stocks edge up as investors await market-stabilising measures at China’s ‘two sessions’, property shares cheered by sales report

Posted at 03:10h in Asia

Hong Kong stocks rose ahead of China’s annual legislative meeting where traders expect announcements to stabilise the markets and shore up the world’s second largest economy. Li Auto and BYD tumbled as the price war in the electric vehicle (EV) market intensified.The Hang Seng Index...

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