Hong Kong Stocks End More Than 3% Lower

Hong Kong stocks tumbled Wednesday as Asian markets retreated on recession fears and as traders re-evaluated their recent big bets on China's reopening, even as mainland officials unveiled fresh measures to roll back Covid restrictions. The Hang Seng Index dived 3.22 percent, or 626.36 points, to...

Hong Kong stocks end lower on China concerns

Hong Kong shares closed sharply lower for a fourth consecutive session Wednesday on growing concerns over the stuttering Chinese economy. The Hang Seng Index slipped 1.36 percent, or 251.81 points, to 18,329.30. The Shanghai Composite Index fell 0.82 percent, or 26.05 points, to 3,150.13, while...

Hong Kong stocks end lower

Hong Kong shares finished Friday with a loss as forecast-beating US data and comments from Federal Reserve officials fanned fresh fears over interest rate hikes. The Hang Seng Index lost 0.29 percent, or 53.12 points, to 17,992.54. The Shanghai Composite Index sank 0.58 percent, or 18.19 points,...

Hong Kong Stocks End Lower

Hong Kong shares closed Tuesday with another loss as nervous traders await the release of key US inflation data later in the day. The Hang Seng Index slipped 0.24 percent, or 50.66 points, to 21,113.76. The Shanghai Composite Index rose 0.28 percent, or 9.12 points, to 3,293.28, while the...

Hong Kong stocks end lower

Hong Kong stocks closed sharply lower Tuesday as traders continue to fret over the prospect of more US interest rate hikes to tame inflation. The Hang Seng Index fell 1.71 percent, or 357.47 points, to 20,529.49. The Shanghai Composite Index rose 0.49 percent, or 16.19 points, to 3,306.52, while...

Hong Kong Stocks End Lower

Hong Kong stocks closed with a loss Wednesday following an anaemic lead from Wall Street, with traders weighing the outlook for the Federal Reserve's interest rate hiking drive. The Hang Seng Index shed 1.37 percent, or 282.75 points, to 20,367.76. The Shanghai Composite Index gave up 0.68...

Hong Kong stocks end higher

Hong Kong stocks finished Monday slightly higher on hopes Beijing's tech crackdown has come to an end after fining two top fintech firms, though gains were tempered by another weak batch of Chinese economic data. The Hang Seng Index rose 0.62 percent, or 114.02 points, to 18,479.72. The Shanghai...

Hong Kong stocks end flat

Hong Kong stocks closed flat Monday as profit-taking offset growing optimism about China's reopening, with eyes now on the release of the country's growth data later in the week. The Hang Seng Index inched up 8.06 points to 21,746.72. The Shanghai Composite Index jumped 1.01 percent, or 32.29...

Hong Kong stocks end flat

Hong Kong shares finished marginally lower Thursday on bargain-buying after a run of losses, though worries about China's economy and another possible Federal Reserve interest rate hike continued to dampen sentiment. The Hang Seng Index inched down 2.67 points to 18,326.63. The Shanghai...

Hong Kong stocks end flat

Hong Kong stocks ended marginally lower Thursday but bargain-buying after two days of losses helped pare a morning retreat fuelled by US Federal Reserve minutes that dented hopes for an early interest rate cut. The Hang Seng Index inched down 0.43 points to 16,645.98. The Shanghai Composite...

Hong Kong stocks end down on rate hike fears

Stocks in Hong Kong tumbled Monday, in line with losses across global markets after a forecast-beating US jobs report fanned expectations for more big US interest rate hikes. The Hang Seng Index shed 2.95 percent, or 523.39 points, to 17,216.66. Mainland Chinese markets also fell as traders...

Hong Kong Stocks End 4.10% Higher on China Stimulus Hopes

Hong Kong rallied more than four percent Tuesday as developers and tech firms soared following a pledge by China's leaders to introduce measures to boost the country's economy, particularly the troubled property sector. The Hang Seng Index soared 4.10 percent, or 766.25 points, to 19,434.40. The...

Hong Kong Stocks End 4% Higher On Fed Rate Hope

Hong Kong stocks soared Friday on growing optimism the Federal Reserve will not hike interest rates at its next meeting this month, while traders also welcomed the passage of a bill to avert a US default. The Hang Seng Index surged 4.02 percent, or 733.03 points, to 18,949.94. The Shanghai...

Hong Kong Stocks Edge up at Open

Hong Kong stocks opened on the front foot Monday, extending gains at the end of last week, even after a strong US jobs report dampened hopes for an interest rate cut. The Hang Seng Index rose 0.38 percent, or 62.78 points, to 16,416.17. The Shanghai Composite Index lost 0.11 percent, or 3.40...

Hong Kong Stocks Edge Higher at Open

Hong Kong shares opened slightly higher Tuesday morning as traders brushed off losses on Wall Street fuelled by profit-taking, with eyes on US inflation figures later in the week. The Hang Seng Index added 0.09 percent, or 16.42 points, to 17,541.48. The Shanghai Composite Index dipped 0.10...

Hong Kong Stocks Drop at Start of Trade

Hong Kong stocks opened with losses Tuesday following the previous day's strong rally, with investors hoping Chinese leaders will unveil further measures to kickstart the economy and support the property sector. The Hang Seng Index dipped 0.67 percent, or 126.74 points, to 18,717.42. The...

Hong Kong Stocks Drop at Open on Fresh US Jobs Data

Hong Kong stocks dived at the open Friday as data indicating a still-strong US jobs market dented hopes the Federal Reserve could hold off hiking interest rates further. The Hang Seng Index sank 0.96 percent, or 174.57 points, to 18,037.60. The Shanghai Composite Index slipped 0.44 percent, or...

Hong Kong Stocks Drop At Open

Hong Kong stocks opened with losses Wednesday morning following a healthy three-day run-up, with traders awaiting the first policy speech by city leader John Lee later in the day. The Hang Seng Index slipped 0.64 percent, or 108.67 points, to 16,805.91. The Shanghai Composite Index eased 0.25...

Hong Kong Stocks Drop At Open

Hong Kong stocks slumped at the open of trade Monday with traders cautious about economic news from China and the US Federal Reserve's upcoming rate-hike announcement. The Hang Seng Index dropped 0.63 percent, or 129.67 points, to 20,437.87. The Shanghai Composite Index rose 0.11 percent, or...

Hong Kong stocks drop at open

Hong Kong retreated at the open of business Tuesday, dragged by a drop in tech firms, as traders struggled to keep up with a rally on Wall Street. The Hang Seng Index slipped 0.45 percent, or 80.89 points, to 18,015.56. The Shanghai Composite Index edged down 0.08 percent, or 2.44 points, to...

Hong Kong stocks drop at open

Hong Kong stocks started in the red on Friday morning following a healthy run-up the previous day, while traders kept tabs on China after officials moved to provide support to the troubled property sector. The Hang Seng Index retreated 0.78 percent, or 139.09 points, to 17,771.75. The Shanghai...

Hong Kong Stocks Drop at Open

Hong Kong stocks opened slightly lower Wednesday as traders brushed off softer US jobs data, with a warning from Moody's over China's credit rating weighing on sentiment. The Hang Seng Index dipped 0.10 percent, or 15.90 points, to 16,311.96. The Shanghai Composite Index edged down 0.18 percent,...

Hong Kong Stocks Drop at Open

Hong Kong stocks edged down at the open Wednesday morning after a three-day rally and the release of data showing US inflation was hotter than expected in February. The Hang Seng Index dipped 0.20 percent, or 34.39 points, to 17,059.11. The Shanghai Composite Index eased 0.08 percent, or 2.59...

Hong Kong Stocks Drop Ahead of Fed

Hong Kong shares ended slightly lower Wednesday, the day after a more than four percent surge, with traders turning their attention to the Federal Reserve's interest rate decision later in the day. The Hang Seng Index lost 0.36 percent, or 69.26 points, to close at 19,365.14. The Shanghai...

Hong Kong stocks dive at start of the week

Hong Kong shares started the week with a hefty loss owing to a sell-off in Chinese tech giants, while strong US jobs data dealt a blow to hopes for an early interest rate cut by the Federal Reserve. The Hang Seng Index tumbled 1.88 percent, or 310.88 points to 16,224.45. The Shanghai Composite...

Hong Kong Stocks Dive At Open

Hong Kong stocks sank at the open of business Thursday on lingering worries that surging inflation and interest rate hikes will tip economies into recession. The Hang Seng Index tumbled 1.70 percent, or 280.49 points, to 16,230.79. The Shanghai Composite Index slipped 0.50 percent, or 15.07...

Hong Kong stocks close with small loss

Hong Kong stocks ended slightly lower Wednesday after a strong three-day rally as data showed US inflation came in stronger than expected last month. The Hang Seng Index eased 0.07 percent, or 11.39 points, to 17,082.11. The Shanghai Composite Index slipped 0.40 percent, or 12.10 points, to...

Hong Kong Stocks Close With Small Gains

Hong Kong stocks finished slightly higher Thursday after swinging through the day, with traders weighing the outlook for US interest rates as the Federal Reserve fights to get inflation under control. The Hang Seng Index added 0.14 percent, or 29.21 points, to 20,396.97. The Shanghai Composite...

Hong Kong Stocks Close with Losses

Hong Kong stocks closed with big losses Wednesday as traders were left disappointed Chinese leaders did not unveil any major stimulus plans for the economy at this week's economic meeting. The Hang Seng Index fell 0.89 percent, or 145.75 points, to 16,228.75. The Shanghai Composite Index lost...

Hong Kong stocks close with healthy gains

Hong Kong shares enjoyed a rare rally Thursday as Asian markets advanced following a positive lead from Wall Street, with focus on the release of US inflation data later in the day. The Hang Seng Index climbed 1.27 percent, or 204.76 points, to 16,302.04. The Shanghai Composite Index added 0.31...

Hong Kong Stocks Close With Big Losses

Hong Kong stocks tumbled Wednesday along with markets across the globe on worries about an impasse in US debt ceiling talks that has fanned fears the country could default on its debt obligations. The Hang Seng Index dived 1.62 percent, or 315.32 points, to 19,115.93. The Shanghai Composite...

Hong Kong stocks close with big loss on US rate bets

Hong Kong stocks closed well down Thursday as global markets retreated in reaction to an indication from the Federal Reserve that it will lift interest rates again before the end of the year and keep them elevated for some time. The Hang Seng Index fell 1.29 percent, or 230.19 points, to...

Hong Kong Stocks Close With Big Gains

Hong Kong stocks rose more than three percent Thursday afternoon, wiping out the previous day's losses, on hopes for China's reopening and reports that the city was considering easing more Covid restrictions. The Hang Seng Index rose 3.38 percent, or 635.41 points, to 19,450.23. Various outlets...

Hong Kong stocks close with another loss

Hong Kong stocks finished in negative territory Wednesday, extending a weak start to the year following a broadly negative performance on Wall Street. The Hang Seng Index sank 0.85 percent, or 142.14 points, to 16,646.41. The Shanghai Composite Index rose 0.17 percent, or 4.97 points, to...

Hong Kong Stocks Close Up More Than 3%

Hong Kong stocks finished with another big gain Wednesday with tech firms leading the way after Ant Group was given the go-ahead to raise $1.5 billion for its consumer unit, suggesting government pressure on the firm was easing. The Hang Seng Index climbed 3.22 percent, or 647.82 points, to...

Hong Kong stocks close up 7.7 percent

Hong Kong stocks surged on Friday as investors took heart from the double whammy of lower United States inflation data and Beijing announcing a slight relaxation to its hardline Covid-19 restrictions. The Hang Seng Index closed up 7.74 percent, or 1,244.62 points, to 17,325.66 while the...

Hong Kong Stocks Close Slightly Lower

Hong Kong stocks finished Friday with their first loss of the new year, with traders tracking a retreat on Wall Street ahead of a key US jobs report later in the day. The Hang Seng Index slipped 0.29 percent, or 60.53 points, to 20.991.64, having piled on more than six percent in the previous...

Hong Kong Stocks Close Slightly Lower

Hong Kong stocks finished Tuesday on the back foot as profit-taking and fresh US interest rate concerns offset optimism over China's economic reopening. The Hang Seng Index dipped 0.27 percent, or 56.88 points, to close at 21,331.46. The Shanghai Composite Index slipped 0.21 percent, or 6.58...

Hong Kong stocks close slightly higher

Hong Kong shares closed on the front foot Wednesday as traders cheered a lower-than-expected US inflation reading, with focus now on the Federal Reserve's next policy meeting later in the day. The Hang Seng Index added 0.39 percent, or 77.25 points, to 19,673.45. The Shanghai Composite Index was...

Hong Kong Stocks Close Sharply Lower

Hong Kong stocks tumbled Tuesday following another batch of weak Chinese data while traders are hoping for fresh stimulus measures aimed at boosting the economy and supporting the property sector. The Hang Seng Index sank 2.06 percent, or 387.25 points, to 18,456.91. The Shanghai Composite Index...

Hong Kong stocks close sharply lower

Shares fell in Hong Kong on Tuesday as data showing another contraction in China's factory sector added to long-running worries about the outlook for the world's number-two economy. The Hang Seng Index fell 1.69 percent, or 293.88 points, to 17,112.48. The Shanghai Composite Index dipped 0.09...

Hong Kong Stocks Close Sharply Higher

Hong Kong stocks extended their recent rally on Monday as traders cheered further moves by Chinese authorities to roll back strict Covid containment measures that have hammered the world's number two economy. The Hang Seng Index jumped 4.51 percent, or 842.94 points, to 19,518.29. The Shanghai...

Hong Kong Stocks Close Sharply Higher

Hong Kong stocks ended another strong week on a positive note Friday as traders welcomed data showing US inflation slowing further in December, raising hopes the Federal Reserve would ease back in its monetary tightening drive. The Hang Seng Index rose 1.04 percent, or 224.56 points, to...

Hong Kong stocks close on back foot

Hong Kong stocks finished slightly lower Thursday following hefty losses on Wall Street after weak US data fuelled by renewed worries about a possible recession. The Hang Seng Index dipped 0.12 percent, or 27.02 points to 21,650.98. The Shanghai Composite Index rose 0.49 percent, or 15.87...

Hong Kong stocks close more than 4% higher

Hong Kong and mainland stocks rallied more than four percent Wednesday after forecast-busting Chinese data showed factory activity expanding at its fastest pace in over 10 years, indicating the economy is rebounding from zero-Covid. The Hang Seng Index jumped 4.21 percent, or 833.77 points, to...

Hong Kong stocks close lower after US inflation data

Hong Kong stocks finished Thursday in negative territory after a bigger-than-expected bump in US inflation dealt a blow to hopes for a series of interest rate cuts this year. The Hang Seng Index dipped 0.26 percent, or 44.14 points, to 17,095.03. The Shanghai Composite Index added 0.23 percent,...

Hong Kong stocks close lower

Hong Kong stocks closed lower on Tuesday, breaking a run of rallies fuelled by hopes that China could begin to move away from its economically painful zero-Covid policies. The Hang Seng Index fell 0.29 percent, or 48.40 points, to 16,547.51. The Shanghai Composite Index lost 0.43 percent, or...

Hong Kong stocks close lower

Hong Kong stocks finished Thursday with small losses, extending a sell-off on worries about how far and for how long the Federal Reserve will have to hike interest rates to tame inflation. The Hang Seng Index lost 0.35 percent, or 72.49 points, to 20,351.35. The Shanghai Composite Index dipped...

Hong Kong Stocks Close Lower

Hong Kong stocks finished in the red Friday on lingering concerns about the banking sector, though there was some support from hopes the Federal Reserve could be close to ending its interest rate hike cycle. The Hang Seng Index shed 0.67 percent, or 133.96 points, to 19,915.68. The Shanghai...

Hong Kong stocks close lower

Hong Kong stocks closed lower on Monday, extending the losses seen on Friday as concerns persisted about the health of the global banking sector. The Hang Seng Index dropped 1.75 percent, or 347.99 points, to finish at 19,567.69 The Shanghai Composite Index shed 0.44 percent, or 14.26 points, to...

Hong Kong stocks close lower

Hong Kong shares fell Tuesday on worries that a fresh spike in oil prices could fan inflation and force the Federal Reserve to ramp up interest rates more than expected. The Hang Seng Index dropped for the sixth straight day, shedding 0.66 percent, or 134.59 points, to 20,274.59. The Shanghai...

Hong Kong Stocks Close Lower

Hong Kong shares finished Thursday slightly lower, having spent most of the day in positive territory, as worries over the Chinese economy overshadowed news that the US House had passed a bill to avert a debt default. The Hang Seng Index dipped 0.10 percent, or 17.36 points, to 18,216.91. The...

Hong Kong stocks close lower

Hong Kong stocks closed down on Tuesday, the start of the week after an extended break, as traders responded to fears around US Treasury yields and the Middle East crisis. The Hang Seng Index shed 1.05 percent, or 180.60 points, to close at 16,991.53. Markets in mainland China edged upward,...

Hong Kong stocks close lower

Hong Kong Stocks Close Lower

Hong Kong stocks finished a tough week with another loss as investors look ahead to the release of US jobs data later in the day. The Hang Seng Index dipped 0.07 percent, or 11.52 points, to 16,334.37. The Shanghai Composite Index edged up 0.11 percent, or 3.35 points, to 2,969.56, and the...

Hong Kong Stocks Close Lower

Hong Kong shares ended lower on Friday, a day after Japanese, US and European markets saw record highs driven by surging tech shares. After three straight days of gains, the Hang Seng Index finished down 0.1 percent, or 17.09 points, to 16,725.86. The Shanghai Composite Index ended up 0.6...

Hong Kong Stocks Close Higher for Third Day

Hong Kong shares advanced Friday for the third straight session, helped by promising consumer spending, as investors eye the release of US inflation data later in the day. The Hang Seng Index climbed 2.5 percent, or 395.33 points, to 16,339.96. Markets in mainland China were closed for a public...

Hong Kong stocks close higher

Hong Kong stocks ended Monday with another healthy gain as property firms rallied after China announced a series of measures to support the struggling sector. The Hang Seng Index added 1.70 percent, or 294.05 points, to 17,619.71, extending Friday's rally of more than seven percent. The Shanghai...

Hong Kong stocks close higher

Hong Kong stocks finished the week on a positive note Friday, in line with advances across Asia and Wall Street, fuelled by hopes the Federal Reserve could pause its interest rate hike campaign sooner than feared. The Hang Seng Index climbed 0.68 percent, or 138.08 points, to 20,567.54. The...

Hong Kong Stocks Close Higher

Hong Kong stocks finished with gains Monday following last week's steep losses, with traders also cheered by US pledges of support for the banking sector after the collapse of regional lender Silicon Valley Bank. The Hang Seng Index jumped 1.95 percent, or 376.05 points, to 19,695.97. The...

Hong Kong Stocks Close Higher

Hong Kong shares finished more than one percent higher Wednesday as worries over the US banking sector eased and investors turned their attention back to Federal Reserve rate hikes to tame inflation. The Hang Seng Index climbed 1.52 percent, or 291.91 points, to 19,539.87. The Shanghai Composite...

Hong Kong stocks close higher

Hong Kong stocks ended with gains on Tuesday, in line with the rebound in global markets as fears of a crisis in the banking sector eased. The Hang Seng Index rose 1.11 percent, or 216.96 points, to close at 19,784.65. The Shanghai Composite Index shed 0.19 percent, or 6.02 points, to 3,245.38,...

Hong Kong stocks close higher

Hong Kong stocks closed higher on Wednesday, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six groups. The Hang Seng Index rose 2.06 percent, or 407.75 points, to close at 20,192.40. The Shanghai Composite Index shed 0.16 percent, or 5.32 points,...

Hong Kong stocks close higher

Hong Kong stocks pared early gains but still closed higher on Tuesday as investors eyed this week's interest rate decisions. The Hang Seng Index rose 0.20 percent, or 39.24 points, to 19,933.81. Mainland Chinese markets were closed for a holiday. Source AFP

Hong Kong stocks close higher

Hong Kong stocks finished half a percent higher on Friday after paring early gains, with tech and property companies among the big winners. The Hang Seng Index finished up 0.50 percent, or 100.58 points, at 20,049.31. The Shanghai Composite Index ended down 0.48 percent, or 15.96 points, at...

Hong Kong stocks close higher

Hong Kong stocks ended with gains on Wednesday thanks to a rally in Chinese tech firms, with another batch of weak mainland economic data fuelling speculation leaders could unveil more stimulus measures to boost growth. The Hang Seng Index climbed 0.80 percent, or 152.72 points, to...

Hong Kong stocks close higher

Hong Kong stocks closed higher on Monday after China released data showing an uneven economic recovery, with strong industrial production but sluggish household consumption. The Hang Seng Index added 0.10 percent, or 16.23 points, to 16,737.12. The Shanghai Composite Index gained 0.99 percent,...

Hong Kong stocks close higher

Hong Kong Stocks Close Down More Than 3%

Hong Kong stocks closed sharply lower Thursday as Asian markets tracked a plunge on Wall Street that came after Federal Reserve boss Jerome Powell indicated interest rates would go higher than expected to fight inflation. The Hang Seng Index sank 3.08 percent, or 487.68 points, to 15,339.49,...

Hong Kong stocks close down after Iran attacks Israel

Hong Kong shares fell on Monday in line with the rest of Asia after Iran's weekend attack on Israel fanned fresh fears of a major conflict in the Middle East. The Hang Seng Index sank 0.72 percent, or 121.23 points, to 16,600.46. The Shanghai Composite Index rose 1.26 percent, or 37.90 points,...

Hong Kong Stocks Close Down

Hong Kong shares closed in negative territory Monday as traders nervously wait to see if US lawmakers will pass a bill aimed at lifting the country's debt ceiling to avoid a default. The Hang Seng Index shed 1.04 percent, or 195.81 points, to 18,551.11. The Shanghai Composite Index edged up 0.28...

Hong Kong Stocks Close 5% Higher With Largest Daily Gains Since May 2009

Stocks in Hong Kong led gains in the Asia-Pacific session after concluding the month of October with a more than 14% loss, hovering around the lowest levels that it’s seen since April 2009. The Hang Seng index in Hong Kong rose 5.23% to 15,455.27, with Hang Seng Tech up 7.8% after unconfirmed...

Hong Kong stocks close 2.7% higher

Hong Kong stocks closed sharply higher on Monday, with optimistic investors undeterred by China saying it would stick to its zero-Covid policies after rumours of a reopening. The Hang Seng Index rose 2.69 percent, or 434.77 points, to 16,595.91, building on last week's strong rallies. The...

Hong Kong Stocks Build On New Year Rally

Hong Kong stocks extended their 2023 rally on Thursday, in line with gains across Asia, as traders grew optimistic about the reopening of China's economy. The Hang Seng Index gained 1.25 percent, or 259.06 points, to 21,052.17. The Shanghai Composite Index climbed 1.01 percent, or 31.70 points,...

Hong Kong stocks build on gains at start of week

Hong Kong stocks finished sharply higher again Monday, tracking a global advance, on hopes the US Federal Reserve will skip an interest rate hike next week. The Hang Seng Index jumped 0.84 percent, or 158.56 points, to 19,108.50 following a four percent surge on Friday. The Shanghai Composite...

Hong Kong stocks bounce after two big losses

Hong Kong stocks finished higher Wednesday after two days of steep losses, with sentiment weighed by speculation the Federal Reserve will lift interest rates further to tackle inflation. The Hang Seng Index rose 0.83 percent, or 144.97 points, to close at 17,611.87. The Shanghai Composite Index...

Hong Kong stocks bounce after three-day retreat

Hong Kong stocks rose Wednesday as bargain-buyers stepped in after three days of losses following soft US jobs data that reinforced optimism the Federal Reserve could cut interest rates in the new year. The Hang Seng Index climbed 0.83 percent, or 135.40 points, to 16,463.26. The Shanghai...

Hong Kong Stocks Begin With Strong Gains

Hong Kong shares rallied at the open of trade Thursday morning, tracking a surge on Wall Street fuelled by optimism US lawmakers will soon hammer out a debt ceiling deal to avert a default. The Hang Seng Index rose 0.73 percent, or 142.16 points, to 19,702.73. The Shanghai Composite Index edged...

Hong Kong Stocks Begin With Rally

Hong Kong stocks jumped more than one percent at the open Tuesday morning, following a positive Wall Street lead as investors returned to the trading floor after a long Easter weekend. The Hang Seng Index rallied 1.16 percent, or 235.39 points, to 20,566.59. The Shanghai Composite Index ticked...

Hong Kong Stocks Begin With Gains

Hong Kong stocks opened slightly higher Friday morning following two days of heavy losses, though traders remain on edge over the economic outlook as central banks hike interest rates to fight runaway inflation. The Hang Seng Index added 0.31 percent, or 50.89 points, to 16,331.11. The Shanghai...

Hong Kong stocks begin with gains

Hong Kong edged up at Wednesday's open following five straight losses, with struggling property firms extending a recent rally, while focus turns to US consumer price data later in the day. The Hang Seng Index rose 0.58 percent, or 105.21 points, to 18,131.10. The Shanghai Composite Index was...

Hong Kong stocks begin with gains

Hong Kong shares rose at the open of business Tuesday morning as investors turned their attention to the release of US consumer price data later in the week. The Hang Seng Index edged up 0.52 percent, or 86.33 points, to 16,819.18. The Shanghai Composite Index eased 0.08 percent, or 2.44 points,...

Hong Kong stocks begin with another loss

Hong Kong stocks fell at the open again Thursday following more losses in New York as traders grow nervous ahead of US July consumer inflation data due later in the day. The Hang Seng Index lost 0.63 percent, or 121.03 points, to 19,125.00. The Shanghai Composite Index dipped 0.07 percent, or...

Hong Kong Stocks Begin Week with Loss

Hong Kong stocks closed in the red Monday following another batch of weak data out of China that added to worries about the world's number two economy. The Hang Seng Index slipped 0.81 percent, or 132.88 points, to 16,201.49. But the Shanghai Composite Index rose 0.74 percent, or 21.88 points,...

Hong Kong Stocks Begin on Negative Note

Hong Kong stocks opened with a small loss Thursday morning following another soft lead from Wall Street ahead of key US inflation data due later in the day. The Hang Seng Index dipped 0.05 percent, or 8.26 points, to 16,985.18. The Shanghai Composite Index was marginally lower, inching down 0.58...

Hong Kong stocks begin day on a positive note

Hong Kong stocks rose at the open of trade Thursday morning following advances on Wall Street, with a strong US retail sales report indicating the world's top economy remains robust despite surging interest rates. The Hang Seng Index gained 0.65 percent, or 134.90 points, to 20,947.07. The...

Hong Kong stocks advance ahead of Fed decision

Hong Kong shares finished on a positive note Wednesday, tracking a record close on Wall Street as investors await the end of a key Federal Reserve policy meeting later in the day. The Hang Seng Index edged up 0.08 percent, or 13.59 points, to 16,543.07. The Shanghai Composite Index added 0.55...

Hong Kong shares tumble at open

Hong Kong stocks opened with big losses Tuesday following a surge of around 15 percent since the start of last week, and after strong US data fuelled fears the Federal Reserve will stick to its tough monetary tightening. The Hang Seng Index sank 1.57 percent, or 306.59 points, to 19,211.70. The...

Hong Kong shares start with small gains

Hong Kong stocks opened slightly higher Tuesday morning following a strong lead from Wall Street ahead of key US inflation data later in the day. The Hang Seng Index edged up 0.34 percent, or 71.50 points, to 21,235.92. The Shanghai Composite Index added 0.15 percent, or 4.81 points, to...

Hong Kong shares start with losses

Hong Kong stocks opened lower on Monday morning following a relatively calm week on Wall Street, with investors holding their breath ahead of key earnings reports from tech behemoths. The Hang Seng Index fell 0.13 percent, or 25.86 points, to 20,049.87. The Shanghai Composite Index was flat,...

Hong Kong shares start with healthy gains

Hong Kong stocks opened on the front foot Tuesday morning as bargain buyers moved in following the previous day's losses while traders were also awaiting the Federal Reserve's latest policy meeting later in the week. The Hang Seng Index jumped 1.18 percent, or 172.90 points, to 14,859.92. The...

Hong Kong Shares Start With Gains

Hong Kong shares opened slightly higher Friday morning to extend their gains into a third day on growing hopes of a slowdown in the Federal Reserve's pace of interest rate hikes. The Hang Seng Index edged up 0.07 percent, or 12.30 points, to 17,673.20. The Shanghai Composite Index dipped 0.12...

Hong Kong shares start with another loss

Hong Kong stocks opened with another loss Wednesday morning as renewed worries about Federal Reserve monetary tightening and a possible recession offset hopes over China's moves to ease Covid restrictions. The Hang Seng Index slipped 0.31 percent, or 60.38 points, to 19,380.80. The Shanghai...

Hong Kong shares start with a rally

Hong Kong stocks opened more than one percent higher Monday morning following a rally on Wall Street fuelled by hopes the Federal Reserve will further slow its pace of interest rate hikes. The Hang Seng Index climbed 1.45 percent, or 304.30 points, to 21,295.94. The Shanghai Composite Index...

Hong Kong shares start week with another loss

Hong Kong stocks closed with another loss on Monday, as concerns over China's property sector weighed on sentiment. The Hang Seng Index lost 1.58 percent, or 301.64 points, to 18,773.55. The Shanghai Composite Index fell 0.34 percent, or 10.82 points, to 3,178.43, while the Shenzhen Composite...

Hong Kong shares rise at open

Hong Kong stocks climbed at the open Friday morning as investors welcomed another slowdown in US inflation that could allow the Federal Reserve to further slow its pace of interest rate hikes. The Hang Seng Index rose 0.42 percent, or 90.97 points, to 21,605.07. The Shanghai Composite Index...

Hong Kong shares rise at open

Hong Kong stocks opened slightly higher Friday morning, tracking another strong day on Wall Street after Federal Reserve boss Jerome Powell said US interest rates were more than likely to be cut this year. The Hang Seng Index added 0.28 percent, or 45.61 points, to 16,275.39. The Shanghai...

Hong Kong Shares Plunge at The Open

Hong Kong stocks tumbled at the open Thursday, tracking a sell-off on Wall Street and across Asia after hotter-than-expected US inflation data dented hopes the Federal Reserve will cut interest rates this year. The Hang Seng Index dived 1.65 percent, or 282.98 points, to 16,856.19. The Shanghai...

Hong Kong Shares Open With Losses

Hong Kong stocks fell in the first minutes of trade Friday morning, dragged by tech firms that were weighed by weak earnings from US giants including Apple, Amazon and Alphabet. The Hang Seng Index dropped 0.67 percent, or 147.28 points, to 21,811.08. The Shanghai Composite Index slipped 0.30...

Hong Kong shares open with gains

Hong Kong stocks started Thursday on the front foot after tumbling more than three percent over the previous two days as investors weigh China's reopening push against growing fears of a global recession. The Hang Seng Index rose 0.80 percent, or 150.23 points, to 18,965.05. The Shanghai...

Hong Kong shares open with gains

Hong Kong stocks rose at the open Tuesday morning, clawing back some of the previous day's rout, but traders remain on edge over the banking sector following the collapse of two US lenders and the rescue of European giant Credit Suisse. The Hang Seng Index added 0.62 percent, or 118.16 points, to...

Hong Kong Shares Open with a Small Loss

Hong Kong stocks opened slightly lower on Wednesday after US Federal Reserve boss Jerome Powell warned the fight against inflation might take more time than expected, fuelling worries interest rates could stay higher for longer. The Hang Seng Index slipped 0.14 percent, or 23.43 points, to...

Hong Kong shares open slightly lower

Hong Kong stocks opened with a small loss Tuesday morning as profit-takers moved in after a strong start to the year fuelled by hopes about China's reopening. The Hang Seng Index edged down 0.08 percent, or 17.92 points, to 21,370.42. The Shanghai Composite Index added 0.58 percent, or 18.45...

Hong Kong shares open sharply lower

Hong Kong stocks tumbled at the start of trade Monday morning as investors lifted their expectations for interest rates aimed at battling sky-high inflation. The Hang Seng Index sank 1.32 percent, or 280.34 points, to 20,910.08. The Shanghai Composite Index eased 0.11 percent, or 3.69 points, to...

Hong Kong Shares Open Sharply Lower

Hong Kong shares sank more than one percent at the open Monday as geopolitical tensions surge in the wake of Iran's attacks on Israel over the weekend, with traders nervously awaiting Tel Aviv's response. The Hang Seng Index tumbled 1.40 percent, or 234.33 points, to 16,487.36. The Shanghai...

Hong Kong Shares Open Sharply Down

Hong Kong stocks tumbled at Monday's open as China's first Covid death in months fuelled fears officials would reintroduce strict restrictions. The Hang Seng Index sank 1.88 percent, or 338.39 points, to 17,654.15. The Shanghai Composite Index dropped 0.62 percent, or 19.19 points, to 3,078.06,...

Hong Kong Shares Open On Positive Note

Hong Kong stocks rose for a second day Thursday following another strong performance on Wall Street as minutes from the Federal Reserve's latest policy meeting suggested it would slow its pace of interest rate hikes. The Hang Seng Index rose 0.92 percent, or 160.72 points, to 17,684.53. The...

Hong Kong shares open lower

Hong Kong stocks fell at the open Monday, extending recent losses, as investors await a key policy meeting of the Federal Reserve later in the week. The Hang Seng Index slipped 0.22 percent, or 32.37 points, to 14,830.69. The Shanghai Composite Index lost 0.79 percent, or 22.92 points, to...

Hong Kong Shares Open Lower

Hong Kong stocks opened on the back foot Tuesday as growing concerns about China's fresh Covid outbreaks combined with lingering worries about central bank interest rate hikes. The Hang Seng Index eased 0.17 percent, or 30.72 points, to 17,625.19. The Shanghai Composite Index was marginally...

Hong Kong shares open lower

Hong Kong stocks opened lower on Tuesday morning following a mixed finish on Wall Street ahead of a week of major earnings announcements. The Hang Seng Index fell 0.3 percent, or 56.41 points, to 19,903.53. The Shanghai Composite Index was up 0.1 percent, or 3.91 points, to 3,279.32, while the...

Hong Kong shares open lower

Hong Kong stocks opened down on Wednesday, tracking plunges on Wall Street fuelled by concerns for the banking sector and broader fears of recession. The Hang Seng Index fell 0.5 percent, or 96.91 points, to 19,520.97. The Shanghai Composite Index was down 0.5 percent, or 14.81 points, to...

Hong Kong shares open lower

Hong Kong stocks opened lower on Thursday following losses on Wall Street fuelled by fears of recession. The Hang Seng Index fell 0.11 percent, or 20.92 points, to 19,736.35. The Shanghai Composite Index was down 0.24 percent, or 7.87 points, to 3256.23, while the Shenzhen Composite Index on...

Hong Kong shares open Lower

Hong Kong stocks fell more than one percent at the open Thursday on growing worries of a wider conflict being sparked by the Israel-Hamas crisis. The Hang Seng Index shed 1.08 percent, or 192.06 points, to 17,540.46. The Shanghai Composite Index retreated 0.51 percent, or 15.51 points, to...

Hong Kong Shares Open Higher

Hong Kong stocks jumped one percent at the open Wednesday after China said it would end quarantine for overseas arrivals, reopening the world's second-largest economy after nearly three years of Covid isolation. The Hang Seng index rose 0.99 percent, or 194.88 points, to 19,787.94 as the market...

Hong Kong shares open higher

Hong Kong stocks opened higher on Friday following big gains on Wall Street fuelled by solid tech earnings and receding fears of turmoil in the banking sector. The Hang Seng Index rose 0.48 percent, or 95.74 points, to 19,936.02. The Shanghai Composite Index opened down 0.08 percent, or 2.76...

Hong Kong shares open higher

Hong Kong stocks rallied at the open Tuesday as investors tracked diplomatic efforts to prevent the Israel-Hamas crisis turning into a broader, regional conflict. The Hang Seng Index climbed 0.94 percent, or 165.87 points, to 17,806.23. The Shanghai Composite Index gained 0.09 percent, or 2.62...

Hong Kong shares open flat

Hong Kong stocks started little changed on Wednesday after global markets largely fell as traders locked in profits following recent tech-driven rallies. The Hang Seng Index rose just slightly, up 0.03 percent, or 4.81 points, to 16,167.45. The Shanghai Composite Index was down 0.2 percent, or...

Hong Kong shares kick off with gains

Hong Kong stocks began Thursday morning on the front foot following another strong lead from Wall Street, with traders betting data later in the day will show US inflation eased further in December. The Hang Seng Index rose 0.76 percent, or 163.77 points, to 21,599.82. The Shanghai Composite...

Hong Kong Shares Kick Off With Gains

Hong Kong stocks rose at the open on Wednesday following a positive lead from Wall Street, with focus firmly on US inflation data that is due later in the day. The Hang Seng Index added 0.58 percent, or 97.95 points, to 16,926.02. The Shanghai Composite Index dipped 0.08 percent, or 2.58 points,...

Hong Kong Shares Extend US Rally At Open

Hong Kong stocks rallied out of the blocks Thursday morning following a surge on Wall Street as traders welcomed the Federal Reserve's smaller interest rate hike and dovish comments on inflation. The Hang Seng Index jumped 0.92 percent, or 204.05 points, to 22,276.23. The Shanghai Composite...

Hong Kong shares extend losses at open

Hong Kong stocks sank further at Friday's open on concerns over the Israel-Hamas crisis and expectations that Federal Reserve interest rates would be kept elevated for the foreseeable future. The Hang Seng Index lost 0.97 percent, or 168.63 points, to 17,127.26. The Shanghai Composite Index shed...

Hong Kong shares end week on front foot

Hong Kong stocks finished Friday with another gain as world markets advanced on growing optimism the Federal Reserve will skip an interest rate hike at its meeting next week. The Hang Seng Index rose 0.47 percent, or 90.77 points, to 19,389.95. The Shanghai Composite Index added 0.55 percent, or...

Hong Kong Shares End Lower

Hong Kong stocks sank Friday with most other Asian markets following a sell-off on Wall Street fuelled by growing worries about rising interest rates. The Hang Seng Index dropped 2.01 percent, or 433.94 points, to 21,190.42. The Shanghai Composite Index fell 0.30 percent, or 9.71 points, to...

Hong Kong shares edge lower at open

Shares fell at the open of business in Hong Kong on Friday as tech firms suffered early selling, while traders shrugged off a positive lead from Wall Street. The Hang Seng Index slipped 0.68 percent, or 116.33 points, to 16,978.70. The Shanghai Composite Index was flat, nudging up 1.33 points to...

Hong Kong shares edge down at open

Hong Kong stocks opened slightly lower Tuesday morning as a rally fuelled by last week's soft US inflation data ran out of steam. The Hang Seng Index dipped 0.09 percent, or 17.53 points, to 19,289.06. The Shanghai Composite Index eased 0.08 percent, or 2.74 points, to 3,241.23, while the...

Hong Kong Shares Drop at Open

Hong Kong stocks fell at the open Friday following a negative lead from Wall Street and a broadly healthy week fuelled by hopes the Federal Reserve will not hike interest rates further. The Hang Seng Index fell 1.12 percent, or 220.63 points, to 19,418.48. The Shanghai Composite Index slipped...

Hong Kong shares drop at open

Hong Kong stocks retreated at the open on Wednesday as investors kept a worried eye on developments in the Middle East, while strong US data revived talk of another Federal Reserve interest rate hike. The Hang Seng Index fell 0.25 percent, or 45.09 points, to 17,728.25. The Shanghai Composite...

Hong Kong Shares Close With More Losses

Hong Kong stocks suffered another loss Monday, in line with a retreat across most of Asia after a forecast-beating US jobs report ramped up bets on the Federal Reserve lifting interest rates further. The Hang Seng Index fell 2.02 percent, or 438.31 points, to 21,222.16. The Shanghai Composite...

Hong Kong Shares Close With More Losses

Hong Kong stocks fell Monday to extend last week's losses fuelled by fears that strong US data will force the Federal Reserve to ramp interest rates higher and send the economy into recession. The Hang Seng Index dipped 0.12 percent, or 26.00 points, to 21,164.42. The Shanghai Composite Index...

Hong Kong Shares Close with Healthy Gains

Hong Kong stocks rose Thursday, tracking a record day on Wall Street, thanks to a rally in tech giants such as Alibaba and JD.com, while investors awaited the release of key US inflation data. The Hang Seng Index gained 0.91 percent, or 148.58 points, to 16,541.42. The Shanghai Composite Index...

Hong Kong Shares Close on Strong Note

Hong Kong stocks ended Friday with hefty gains, in line with a rally across Asian and US markets fuelled by bargain-buying after a recent sell-off, though worries over the Federal Reserve's interest rate plans remain. The Hang Seng Index jumped 2.51 percent, or 436.63 points, to close at...

Hong Kong shares close lower on weak China data

Hong Kong stocks closed sharply lower on Wednesday after a raft of disappointing data from Beijing stoked concerns over the stuttering Chinese economy. The Hang Seng Index fell 1.03 percent, or 192.44 points, to 18,581.11. The Shanghai Composite Index edged down 0.07 percent, or 2.25 points, to...

Hong Kong Shares Close Lower

Hong Kong stocks edged down Wednesday after Federal Reserve boss Jerome Powell said inflation was coming down but that interest rates might have to go higher than expected to tame prices. The Hang Seng Index eased 0.07 percent, or 15.18 points, to 21,283.52. The Shanghai Composite Index fell...

Hong Kong Shares Close Lower

Hong Kong stocks ended Friday with steep losses as tech firms tanked after a US official said a major Chinese chip manufacturer "potentially" broke American law by making a processor for sanctioned telecom giant Huawei. The Hang Seng Index shed 2.16 percent, or 363.63 points, to 16,499.47. The...

Hong Kong Shares Begin With Small Gains

Hong Kong stocks opened slightly higher Wednesday as traders tracked a rally on Wall Street and moved back into the market after a five-day losing streak, though China's Covid flare-up weighed on sentiment. The Hang Seng Index edged up 0.21 percent, or 36.49 points, to 17,460.90. The Shanghai...

Hong Kong shares begin on positive note

Hong Kong stocks opened higher Monday morning as traders cheered data showing US inflation cooling further last month, easing pressure on the Federal Reserve to hike interest rates. The Hang Seng Index rose 0.46 percent, or 86.12 points, to 19,002.55. The Shanghai Composite Index added 0.22...

Hong Kong open slightly lower

Stocks slipped at the open of business in Hong Kong on Thursday as investors turn their attention to the release of key US jobs data at the end of the week. The Hang Seng Index dipped 0.12 percent, or 20.32 points, to 16,417.77. The Shanghai Composite Index was barely moved, inching up 0.28...

Hong Kong open sharply higher

Hong Kong stocks rallied at the open Monday morning, bouncing back from hefty losses at the end of last week on renewed optimism the Federal Reserve will not hike interest rates again in the near term. The Hang Seng Index rose 0.98 percent, or 171.65 points, to 17,625.84. The Shanghai Composite...

Hong Kong open flat at open

Hong Kong stocks were barely moved at the open Wednesday morning following a negative day on Wall Street as minutes from the Federal Reserve's November policy meeting suggested interest rates will likely be kept elevated for an extended period. The Hang Seng Index inched up 2.51 points to...

Hong Kong Hang Seng Index Closes Higher

Hong Kong stocks finished slightly higher Tuesday after four days of big losses, but traders remain on edge over the weak Chinese economic recovery and as US lawmakers prepare to vote on a bill to avert a default. The Hang Seng Index rose 0.24 percent, or 44.67 points, to 18,595.78. The Shanghai...

Hong Kong Equities Open Higher

Hong Kong stocks rose at the open Tuesday as investors returned for a new year hoping for a better run than 2023, with eyes on the Federal Reserve after it said it would cut interest rates in the months ahead. The Hang Seng Index added 0.51 percent, or 87.73 points, to 17,135.12. The Shanghai...

Hong Kong dips at the open

Hong Kong stocks opened slightly lower Thursday, brushing off gains on Wall Street, after data showed US consumers see inflation picking up over the next year, which could force the Federal Reserve to keep interest rates elevated. The Hang Seng Index dipped 0.31 percent, or 54.55 points to...

Hong Kong : Saham Melonjak saat Istirahat Makan Siang

Saham Hong Kong akhiri sesi pagi dengan menguat tajam pada hari Jumat pasca kepala Federal Reserve mengindikasikan akan mempertahankan suku bunga sangat rendah untuk masa mendatang. Indeks Hang Seng naik 0,87 persen atau 218,91 poin ke level 25.500,06. (Tgh) Sumber: AFP

HKEX Cancels Monday Trading as Storm Signal 8 Remains in Force

Trading sessions in the securities and derivatives markets on Monday, including after-hours trading, have been canceled because of typhoon signal No. 8, according to a statement on HKEX website. The observatory will consider issuing storm signal No. 3 to replace No. 8 between 4 p.m. and 7 p.m....

Hentikan Penurunan Beruntun Saham Hong Kong Ditutup Menguat

Saham Hong Kong ditutup dengan catatan positif pada Rabu (1/12) untuk membatasi kerugian selama tiga hari akibat Covid karena para pedagang mencoba menilai laju pengetatan moneter yang diharapkan lebih cepat oleh Federal Reserve karena tampaknya dapat menahan lonjakan inflasi. Indeks Hang Seng...

Hang Seng Index Price Movement, October 31, 2022

The Hang Seng Index is likely to rise today, after retreat last weekend as the benchmark index ended below 15,000 points for the first time in 13 years. Foreign funds came out amid mixed earnings reports from market heavyweights and before another Federal Reserve interest rate meeting next...

Hang Seng Index Price Movement, October 28, 2022

The Hang Seng Index is likely to fall today, after yesterday extending its rebound from a 13-year low, with a rally in US-traded Chinese firms helping sentiment. Some investors set up new funds to buy the dip. Technology shares supported the index's gains, with JD.com surging 5.9 percent to...

Hang Seng Index Price Movement, October 27, 2022

The Hang Seng Index is likely to rise today, after yesterday snapping a five-day slide to climb from a 13-year low as valuations weaken and authorities in mainland China and cities take steps to reassure investors of market stability. Rising Covid-19 cases in Beijing dampened profits. The Hang...

Hang Seng Index Price Movement, October 26, 2022

The Hang Seng Index is likely to rise today, having edged lower yesterday after swinging all day on worries about China's economic outlook after Xi Jinping tightened his grip on power and put loyalists in the prime of work. The Hang Seng Index closed down 0.10 percent, or 15.10 points, at...

Hang Seng Index Price Movement, October 25, 2022

The Hang Seng Index is likely to rise today, after dropping more than six percent yesterday to a 13-year low as investors fretted over Chinese President Xi Jinping's decision to hand over key economic posts to loyalists who backed his zero-Covid strategy. The Hang Seng Index ended down 6.36...

Hang Seng Index Price Movement, October 24, 2022

The Hang Seng Index is likely to extend the day's losses, having last week completed a second weekly loss as traders remain pessimistic about the impact of the zero-Covid policy on China's economy, while markets stagger under pressure from recent troubles in the UK and Federal Reserve interest...

Hang Seng Index Price Movement, October 21, 2022

The Hang Seng Index is likely to rise today, after slumping yesterday to its lowest level in more than 13 years while the offshore yuan weakened to a multi-year low amid growing concerns about China's economic slowdown and faster interest rate hikes in the US. The Hang Seng Index slipped 1.4...

Hang Seng Index Price Movement, October 20, 2022

The Hang Seng Index is likely to drop today, after dropping yesterday to snap three-day gains on slumping performance from Chinese technology firms while the developer sector trimmed profits on concerns policy incentives did not go far enough to help revive the economy. Exchange operator Hong...

Hang Seng Index Price Movement, October 19, 2022

The Hang Seng Index is likely to correct, after yesterday rising for a third day as China signaled growth rebounded in the last quarter amid signs of better corporate earnings. Global market sentiment improved after Britain shrugged off almost all of the tax cuts that had rattled investors in...

Hang Seng Index Price Movement, October 18, 2022

The Hang Seng Index rose after yesterday eliminating post-loss losses at CNOOC 1.9 percent caused by corporate earnings as new quarterly reporting begins, the Chinese-controlled lender amid pledges to support the economy. Covid-19 COVID-19 for China where at the 20th National Congress, President...

Hang Seng Index Price Movement, October 17, 2022

The Hang Seng Index is likely to extend losses, after surging on Friday (14/10) to snap a six-day slide, following Thursday's rally in US equities, while slower-than-expected inflation data in China helped ease sentiment. rule. Separately, China said inflation rose to 2.8 percent in September...

Hang Seng Index Price Movement, October 14, 2022

The Hang Seng Index is likely to rise, after yesterday closing down for a sixth day dragging the benchmark index to its longest losing streak in five weeks, as caution prevails before the US government report on inflation. Global markets are on edge with traders wary of extended interest rate...

Hang Seng Index Price Movement, October 13, 2022

The Hang Seng Index stalled today's decline, after yesterday's decline for a fifth day China pointed to a zero-Covid policy ahead of the Communist Party's national congress. Sentiment was worrying after the Bank of England said it would make emergency purchases this week. The Hang Seng Index...

Hang Seng Index Price Movement, October 12, 2022

The Hang Seng Index is still set to continue yesterday's weakness today, after closing down yesterday for a fourth day on worries about China's economic slowdown deepening as Beijing suppresses hopes for an imminent reversal of its zero-Covid policy. The Hang Seng Index fell 2.2 percent to...

Hang Seng Index Price Movement, October 11, 2022

The Hang Seng Index is likely to continue today's weakness, after closing down yesterday to extend a sell-off to an 11-year low, after strong US employment data reinforced speculation for another jumbo rate hike. While stocks in China fell due to higher Covid-19 cases. The Hang Seng Index fell...

Hang Seng Index Price Movement, October 10, 2022

The Hang Seng Index is likely to continue the day's losses, after dropping on Friday following declines in US equities, amid concerns the Federal Reserve will continue its policy tightening steps, without a significant drop in inflation and labor market conditions. The Hang Seng Index fell 1.5...

Hang Seng Index Price Movement, October 07, 2022

The Hang Seng Index is likely to continue today's weakness, after yesterday traders took advantage of the biggest rally in five months on Wednesday (5/10) to lock in gains. Some developer shares slumped after Goldman Sachs forecast a deeper drop in housing prices in urban areas. The Hang Seng...

Hang Seng Index Price Movement, October 06, 2022

The Hang Seng Index is likely to fall today, after rising 5.9% on Thursday (6/10) on easing concerns about the central bank's interest rate hike. The jump was in line with progress across world markets after months of heavy losses and followed data showing that the US economy was showing signs...

Hang Seng Index Price Movement, October 05, 2022

The Hang Seng Index is likely to correct today, though yesterday fell to its lowest level in more than a The Hang Seng Index is likely to strengthen today, although on Monday (3/10) it fell to its lowest level in more than a decade as worries over China's economy deepened investors' losses this...

Hang Seng Index Price Movement, October 03, 2022

The Hang Seng Index is likely to drop today, although investors are shrugging off riskier assets around the world amid fears of a recession. Alibaba and Tencent were the worst performing stocks, dropping at least 17 percent; HSBC sank 15 percent and Country Garden fell 22 percent. The Hang Seng...

Hang Seng Index Price Movement, November 30, 2022

  The Hang Seng Index has a chance of a correction today, after soaring yesterday to its highest level in two weeks, sparked by a rally in property developer shares, after China's securities regulator lifted a six-year ban on equity financing to help reverse a slump in the industry. The...

Hang Seng Index Price Movement, November 28 2022

  The Hang Seng Index is likely to fall today, after dropping last Friday and closing its first weekly loss of the month on fears a spike in Covid-19 infections to an all-time high in mainland China will trigger more lockdowns and worsen earnings prospects. company. The Hang Seng Index fell...

Hang Seng Index Price Movement, November 24 2022

  The Hang Seng Index is likely to rise today, after yesterday rising 99.40 points or 0.57% to close at 17,523.81, shifting from losses in the previous session, driven by a rally in US equities on Tuesday (22/11) and speculation growing that China will soon end its regulatory crackdown on...

Hang Seng Index Price Movement, November 23, 2022

The Hang Seng Index has the opportunity to strengthen today, after losing 231.50 points or 1.31% yesterday to close at 17,424.41, down for a fifth day, dragged down by growing concerns over the impact of COVID infections in China as daily virus cases rose to a record highest. Investors are also...

Hang Seng Index Price Movement, November 22 2022

  The Hang Seng index still has the chance to fall today, after yesterday falling alongside Chinese stocks as rising coronavirus cases dashed recent speculation that Beijing will scrap its strict zero-Covid policy to spur its economy. The Hang Seng Index fell 1.9 percent to 17,655.91 at the...

Hang Seng Index Price Movement, November 21, 2022

  The Hang Seng Index is likely to extend losses today, having closed down 0.3 percent on Friday amid losses for Chinese property developers while an initial rally in Alibaba Group and technology peers faltered. Volatility will continue before China takes more concrete steps to reopen its...

Hang Seng Index Price Movement, November 17, 2022

The Hang Seng Index fell today, after closing yesterday to extend its biggest multi-year rally from last The Hang Seng Index is likely to fall today, having closed yesterday closing, snapping a three-day rally as shares of the Chinese tech giant faltered ahead of earnings reports from Tencent...

Hang Seng Index Price Movement, November 16, 2022

The Hang Seng Index is likely to continue today's gains, having closed higher yesterday to lift the benchmark index to a near seven-week high and technically entered a bull market amid signs of thawing Sino-US relations and growing optimism Beijing will launch more measures to revive...

Hang Seng Index Price Movement, November 14, 2022

  Hang Seng Index likely to strengthen today, after last Friday closing down for a third day as some analysts downgraded the Hong Kong market and traders trimmed speculation ahead of the inflation report as well as the US midterm elections, while weakness in cryptocurrencies dampened...

Hang Seng Index Price Movement, November 09, 2022

  The Hang Seng Index is likely to retreat today, after closing down 0.29% yesterday, or 48.40 points, to 16,547.51, retreating for the first session in three sessions, on news that China's COVID infections rose to their highest level in six months. and unexpectedly weaker trade data for...

Hang Seng Index Price Movement, November 08, 2022

The Hang Seng Index fell today, after closing yesterday to extend its biggest multi-year rally from last week, as analysts suggested Beijing was preparing to ease its fearsome zero-Covid policy. China remains firm on its presence, a government official said. The Hang Seng Index rose 2.7 percent...

Hang Seng Index Price Movement, November 07, 2022

The Hang Seng Index is likely to rise today, after late Friday soaring more than five percent, increasing the rally over the past week fueled by speculation the Chinese government will begin easing some of its strict zero-Covid policies. The gains came after unverified statements earlier last...

Hang Seng Index Price Movement, November 04, 2022

The Hang Seng Index is likely to rise today, after dropping yesterday, following overnight declines in US equities, on concerns higher borrowing costs will weigh on demand after the Federal Reserve raised its interest rate target and suggested it should not do so with policy tightening. The...

Hang Seng Index Price Movement, November 03, 2022

having closed higher yesterday after trading was halted in the afternoon due to typhoon warnings. Traders continue to assess speculation of China's reopening while ignoring prospects for further rate hikes by the Federal Reserve. The Hang Seng Index closed 2.4 percent higher at 15,827.17,...

Hang Seng Index Price Movement, November 01, 2022

The Hang Seng Index is likely to drop today, after dropping yesterday as a 24 percent drop in developer Longfor Group shares backed a decline. A government report showed China's economy was easing this month and concerns about the new Covid-19 lockdown were rekindled. T he Hang Seng Index fell...

Hang Seng Index Price Movement, March 31, 2023

The Hang Seng Index has the opportunity to strengthen today, after rising 116.73 points or 0.58% to end at 20,309.13 on Thursday, shifting from a modest decline in initial transactions while returning to a more than 3-week high, boosted by statements from Chinese Premier Li Qiang that China's...

Hang Seng Index Price Movement, March 30, 2023

The Hang Seng Index has the opportunity to lose ground today, after surging 407.75 points or 2.06% to end at 20,192.40 on Wednesday, rallying for the second straight session, as investors cheered a massive restructuring at the e-giant. alibaba commerce. The Hang Seng Index hit its highest in...

Hang Seng Index Price Movement, March 29, 2023

The Hang Seng Index has the opportunity to strengthen today, after rising 216.96 points or 1.11% to close at 19,784.65 levels on Tuesday, reversing losses from the previous two sessions as investors are less wary of an imminent banking crisis following the Silicon takeover. US...

Hang Seng Index Price Movement, March 28, 2023

The Hang Seng Index is likely to reverse course today, having slipped 347.99 points or 1.75% to close at 19,567.69 on Monday, extending losses from the previous session after the IMF warned on Sunday that risks to global financial stability were rising in in the midst of a deepening banking...

Hang Seng Index Price Movement, March 27, 2023

The Hang Seng Index has the opportunity to weaken today, after slipping 133.96 points or 0.67% to end at 19,915.68 on Friday (24/3) after rising in the previous three sessions, rocked by concerns over the impact of the recent banking crisis recently, with Hong Kong's central bank saying on...

Hang Seng Index Price Movement, March 24, 2023

The Hang Seng Index has the opportunity to fall today, after surging 458.21 points or 2.34% to end at 20,049.64 on Thursday, rising for the third day in a row, as investors pay close attention to the Fed's recent decision. The Federal Reserve delivered on Wednesday its forecast of a 25bps rate...

Hang Seng Index Price Movement, March 23, 2023

The Hang Seng Index has the opportunity to strengthen today, after rising 332.67 points or 1.73% to 19,591.43 on Wednesday, strengthening for a second session while trading near 2-week highs, lifted by another strong session on Wall Street on Monday, as fears over a banking crisis eased further...

Hang Seng Index Price Movement, March 21, 2023

The Hang Seng Index is likely to weaken today, after falling 517.88 points or 2.65% to close at its lowest level in 3.5 months at 19,000.71 on Monday, shifting from gains in the previous session, while leading losses in Asia, amid plunged US stock futures as traders fretted that the banking...

Hang Seng Index Price Movement, March 20, 2023

The Hang Seng Index has the opportunity to strengthen today, after soaring 314.68 points or 1.64% to close at 19,518.59 on Friday (17/3), posting a weekly jump of 1.0% while switching from a sharp decline in the previous session, supported by gains across all sectors. The index followed a...

Hang Seng Index Price Movement, March 17, 2023

The Hang Seng Index is still likely to strengthen today, falling 203.75 points or 1.64% to end at 19,219.12 on Thursday, continuing to its lowest level in more than 3 months after a rally in the previous session, due to concerns about the health of Credit Suisse The Group added to concerns...

Hang Seng Index Price Movement, March 16, 2023

The Hang Seng Index has the opportunity to slump today, after slumping 448.01 points or 2.27% to end at 19,247.96, its lowest close since December 7, 2022, retreating from Monday's sharp rally, as investors continued to react to the biggest US bank failure since 2008. The financial sector...

Hang Seng Index Price Movement, March 15, 2023

The Hang Seng Index has the opportunity to slump today, after slumping 448.01 points or 2.27% to end at 19,247.96, its lowest close since December 7, 2022, retreating from Monday's sharp rally, as investors continued to react to the biggest US bank failure since 2008. The financial sector...

Hang Seng Index Price Movement, March 14, 2023

The Hang Seng Index has the opportunity weakened today, after rising 366.18 points or 1.9% to close at 19,686.10 on Monday, reversing losses from the previous four sessions that saw the index erase its gains since early 2023, driven by sharp gains in US stock futures after Treasury Secretary...

Hang Seng Index Price Movement, March 13, 2023

The Hang Seng Index has the opportunity to weaken today, after on Friday (10/3) dropping 605.82 points or 3.04% and ending at 19,319.92, the lowest close in the last 11 weeks, retreated for the fourth session while for the week it has fallen around 6%, amid US equity stocks fell sharply after a...

Hang Seng Index Price Movement, March 10, 2023

The Hang Seng Index remains pressured lower today, having closed 125.51 points, or 0.63%, to end at a more than one-week low of 19,925.74 on Thursday, retreating for the third session in a row, as US stock futures fell following a string of economic data on Wednesday supporting Fed Chair...

Hang Seng Index Price Movement, March 09, 2023

The Hang Seng Index has the opportunity to weaken today, after coming under pressure on Wednesday, fell by 483.23 points or 2.35% to close at 20,051.25 following Tuesday's slump on Wall Street, amid prospects for higher borrowing costs following the US Fed Chair's hawkish rhetoric Powell before...

Hang Seng Index Price Movement, March 08, 2023

The Hang Seng Index is on the downside today, having slipped 68.71 points or 0.33% to end at 20,534.48 levels on Tuesday after trading near 3-week highs during the morning session, ending in the red for the first time in three sessions, when traders turned cautious after weak January-February...

Hang Seng Index Price Movement, March 07, 2023

The Hang Seng Index has the opportunity to strengthen today, rising 35.85 points or 0.17% to end at 20,603.19 on Monday, reversing from a sharp decline in morning transactions, amid a shift in sentiment after Sunday (5/3) Beijing outlined its economic and military vision for the next 12...

Hang Seng Index Price Movement, March 06, 2023

The Hang Seng Index has the opportunity to strengthen today, after rising 138.08 points, or 0.68%, to finish at 20,567.54 on Friday, shifting from the previous day's decline and jumping 2.8% for last week, after China's central bank said last Friday it would adjust monetary policy at the right...

Hang Seng Index Price Movement, March 03, 2023

The Hang Seng Index has the opportunity to strengthen today, after after losing 190.25 points or 0.92% to close at 20,429.46 on Thursday, swinging from the previous session's gain of more than 4% while reflecting falling US stock futures, amid fragile sentiment as Fed officials remain hawkish,...