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16 Feb Hong Kong stocks rally as some global funds turn bullish on Chinese tech leaders while Kuaishou, Xpeng, Swire gain on index bets

Posted at 03:00h in Asia

Hong Kong stocks rose after reports showed some fund managers have turned upbeat on China’s biggest technology companies as valuations cheapened. Xpeng, JD Logistics and Swire Properties jumped on speculation they will join the benchmark index from next month.The Hang Seng Index advanced for...

15 Feb Hong Kong stocks drop as Asian fund managers show no urgency to chase market amid China’s policy support, intervention

Posted at 02:35h in Asia

Hong Kong stocks drop as Asian fund managers show no urgency to chase market amid China’s policy support, interventionHong Kong stocks dropped, struggling to sustain a winning start to the Year of the Dragon as signs of fresh economic headwinds in the region. A...

10 Feb Year of the Dragon: Hang Seng to top 20,000 points as stocks face early pain, major swings, feng shui expert predicts

Posted at 01:30h in Asia

Hong Kong’s beaten-down stocks are more likely to generate better returns for investors in the Year of the Dragon that began on February 10, judging by market history. Eric To Chung-yin, a banker-turned-feng shui expert, predicts a successful year ahead.Since its inception, the Hang...

09 Feb Hong Kong stocks erase intervention-driven rally amid China’s economic woes as Year of the Rabbit ends with worst payback on record

Posted at 02:59h in Asia

Hong Kong stocks erase intervention-driven rally amid China’s economic woes as Year of the Rabbit ends with worst payback on recordHong Kong stocks dropped by the most this month, erasing almost all of the rally driven by China’s state-fund intervention, as concerns about China’s...

09 Feb Hong Kong homeowners face losses of nearly HK$10 million in second-hand market as price decline continues

Posted at 02:02h in Asia

Homeowners in Hong Kong are grappling with substantial losses at the beginning of the year as the city’s property prices have experienced a decline for eight consecutive months.The real estate market has been smothered under a softening economy and high interest rates. The recent...

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 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 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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