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15 Mar Hong Kong stocks slide for third day as China holds key policy rate, odds on US rate cut weaken amid strong inflation reports

Posted at 02:50h in Asia

Hong Kong stocks dropped for a third day after China’s central bank left a key policy rate unchanged and traders scaled back bets on an imminent rate cut in the US after producer prices accelerated faster than market consensus.The Hang Seng Index slumped 1.3 per...

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...

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 South Korea to review risky financial products after China market slump triggers more than US$4 billion in losses

Posted at 02:01h in Asia

South Korea to review risky financial products after China market slump triggers more than US$4 billion in lossesSouth Korea plans to review the sale of potentially high-risk investments after a probe found that banks mis-sold China-linked structured products to retail investors who are facing more...

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’s top market watchdog proposes slashing China investment threshold for cross-border trading via Stock Connect

Posted at 08:00h in Asia

The head of Hong Kong’s securities regulator has proposed lowering the investment barrier for mainland Chinese traders to lift stock market turnover and boost sentiment.The minimum asset requirement for investing in Hong Kong equities via the southbound leg of the Stock Connect programme should be...

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...

03 Mar China stocks: all eyes on NPC meeting for policy moves to support rally sparked by state buying

Posted at 23:30h in Asia

Traders are eagerly awaiting China’s annual legislative meeting for clues about whether the recent market rebound will sustain, as the high-stakes political gathering sets the nation’s economic agenda for the year.The National People’s Congress (NPC), which kicks off on Tuesday in Beijing and brings together...

01 Mar Hong Kong stocks snap two-day drop as weak manufacturing report spurs bets on China to support economy

Posted at 02:59h in Asia

Hong Kong stocks snapped a two-day drop after an official report showed a slump in manufacturing in China persisted last month. It heightened bets on stronger economic stimulus measures as policymakers gather next week to set economic targets.The Hang Seng Index rose 0.7 per cent...

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