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...
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 ...
Hong Kong stocks rose, led by the tech sector which was lifted by e-commerce giant JD.com’s sharp gains ahead of its earnings report, but sentiment was cautious as investors were disappointed by the lack of any major stimulus announcement at China’s annual parliamentary meeting.The Hang...
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...
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...
Sui is Ding Yi Feng’s largest shareholder with a 22.26 per cent stake, according to the company’s interim report in 2023.Ding Yi Feng said it is in consultation with its legal advisors regarding a “Writ of Summons” – an official order for an individual to...
Hong Kong stocks climbed for a fourth day, joining a global market rally as tech stocks regained flavour amid advances in computing and artificial intelligence. Equities in mainland bourses extended gains as a government report showed home prices fell at a slower pace.The Hang Seng...
Hong Kong stocks wavered near a seven-week high amid mixed corporate earnings signals as lender HSBC underwhelmed and travel platform operator Trip.com beat market consensus. Property developers pared gains fuelled by speculation about market-easing measures.The Hang Seng Index slipped 0.3 per cent to 16,459.93 at...
Hong Kong stocks gained as property developers advanced on speculation the city’s government will remove more curbs this month to stem an industry slump, while HSBC jumped before its earnings report. China pledged to improve policy transparency while state-run funds have stepped up intervention.The Hang...
Hong Kong stocks slipped for a second day as top Chinese electric-vehicle producers slumped amid a fresh round of price war. Some Chinese developers advanced, tempering market losses, following a record cut in a key onshore lending rate. HSBC climbed before its earnings report.The Hang...