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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...

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 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...

02 Feb Tencent, NetEase lift Hong Kong stocks to biggest gain in a week on games approval, as Li Auto leads EV surge on deliveries

Posted at 02:23h in Asia

Hong Kong stocks climbed by the most in a week after China approved a new batch of online video games in a sign the government is softening its stance on the industry. Li Auto led a jump in electric-vehicle makers amid robust sales in...

01 Feb Hong Kong stocks waver near 1-week low as Fed damps March rate-cut bets, Alibaba, Tencent rebound while developers slip

Posted at 02:37h in Asia

Hong Kong stocks wavered near a one-week low after the Federal Reserve left its target rate unchanged and pushed back expectations for a reduction in March, offering no early relief for property developers.The Hang Seng Index rose less than 0.1 per cent to 15,491.89...

31 Jan Hong Kong stocks set for worst month since August as China manufacturing extends slump, Fed to offer no early relief

Posted at 02:39h in Asia

Hong Kong stocks set for worst month since August as China manufacturing extends slump, Fed to offer no early reliefHong Kong stocks were headed for the worst performance in five months after China’s manufacturing shrank in January, underlining the lack of stimulus to spur...

30 Jan Hong Kong stocks slip in worst January since 2016 on BYD earnings miss, weak China manufacturing outlook

Posted at 02:44h in Asia

Hong Kong stocks dropped, with the benchmark index heading for the worst January since 2016, amid renewed concerns about corporate earnings and China’s economic recovery outlook. EV maker BYD slumped after profits trailed market consensus.The Hang Seng Index fell 1.8 per cent to 15,794.32...

25 Jan Opinion | China’s economic loss is not necessarily Japan’s gain

Posted at 21:30h in Asia

The starkly diverging fortunes of the region’s two biggest equity markets are redrawing the investment landscape in Asia. By the end of last week, a staggering US$6.3 trillion – about the current market capitalisation of the Shanghai bourse – had been wiped off the value...

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