Hong Kong, mainland China stocks end sharply lower

Hong Kong and mainland Chinese stocks sank Tuesday on worries about a regional conflict in the Middle East and after data showed China's economy grew more than expected but other figures raised questions about the outlook for the rest of the year. The Hang Seng Index shed 2.12 percent, or 351.49...

Hong Kong's Hang Seng Index Starts With a Loss

Hong Kong stocks opened in the red Tuesday morning ahead of the release of key US inflation data later in the day and a much-anticipated Federal Reserve policy decision later in the week. The Hang Seng Index slipped 0.25 percent, or 48.66 points, to 19,355.65. The Shanghai Composite Index fell...

Hong Kong's Hang Seng Index Rises at Open

Hong Kong shares extended gains at the open Monday following a positive lead from Wall Street, with traders awaiting a key US Federal Reserve policy decision later in the week. The Hang Seng Index added 0.26 percent, or 51.04 points, to 19,440.99. The Shanghai Composite Index lost 0.19 percent,...

Hong Kong's Hang Seng Index Rises at Open

Hong Kong stocks climbed more than one percent at the open on Thursday, after the Federal Reserve decided against hiking interest rates and as traders awaited a string of Chinese data. The Hang Seng Index jumped 1.13 percent, or 218.38 points, to 19,626.80. The Shanghai Composite Index edged up...

Hong Kong's Hang Seng Index Opens Higher

Hong Kong stocks rose at the open of business Wednesday after data showing a sharp drop in US inflation boosted expectations the Federal Reserve will decide against hiking interest rates later in the day. The Hang Seng Index edged up 0.13 percent, or 26.16 points, to 19,547.58. The Shanghai...

Hong Kong stocks up for second day after long sell-off

Hong Kong stocks rose ahead of earnings from tech titan NVIDIA later Wednesday, while traders were also gearing up for a speech by Federal Reserve boss Jerome Powell at the end of the week. The Hang Seng Index added 0.31 percent, or 54.91 points, to 17,845.92. The Shanghai Composite Index sank...

Hong Kong Stocks Tumble in Opening Trade

Hong Kong stocks sank at the start of trade Monday following losses on Wall Street, dragged by ongoing concerns about Federal Reserve interest rate increases. The Hang Seng Index sank 1.08 percent, or 195.75 points, to 17,861.70. The Shanghai Composite Index dropped 0.37 percent, or 11.63 points...

Hong Kong Stocks Track US Rally at Open

Hong Kong stocks opened Friday to bounce back from this week's selling following a rollercoaster day on Wall Street fuelled by another disappointing US inflation report. The Hang Seng Index rose 1.72 percent, or 282.57 points to 16,671.68. The Shanghai Composite Index added 0.62 percent, or...

Hong Kong Stocks Track US Losses at Open

Selling resumed at the open in Hong Kong on Thursday after a much-needed positive day, with traders tracking losses in New York, while attention turns to US jobs data due at the end of the week. The Hang Seng Index dipped 0.53 percent, or 86.82 points, to 16,376.44. The Shanghai Composite Index...

Hong Kong Stocks Tick Up in Opening Minutes

Hong Kong stocks eked out a small gain at the open Tuesday following a strong rally on Wall Street fuelled by a bounce in recently sold tech giants. The Hang Seng Index edged up 0.20 percent, or 31.65 points, to 16,256.10. The Shanghai Composite Index was flat, inching down 0.43 points to...

Hong Kong Stocks Tick Up at Open After Run of Losses

Hong Kong stocks opened slightly higher Tuesday after seven successive losses as traders tracked a positive lead from Wall Street, but worries about China's economy dampened sentiment. The Hang Seng Index edged up 0.11 percent, or 18.57 points, to 17,641.86. The Shanghai Composite Index added...

Hong Kong stocks tick up at open

Hong Kong shares enjoyed a healthy start to the day on Thursday after a mixed US inflation report that soothed fears the Federal Reserve will hike interest rates again. The Hang Seng Index rose 0.51 percent, or 92.74 points, to 18,101.96. The Shanghai Composite Index inched up 0.06 percent, or...

Hong Kong Stocks Tick Higher at Open

Hong Kong stocks opened slightly higher Thursday after two days of losses, with investors hoping China will unveil fresh measures to boost the country's stuttering economy. The Hang Seng Index edged up 0.27 percent, or 50.97 points, to 19,003.28. The Shanghai Composite Index added 0.10 percent,...

Hong Kong Stocks Surge Out of The Gates

Hong Kong stocks jumped at the open Thursday as world markets were boosted by Federal Reserve interest rate projections that foresaw three cuts this year, despite still-sticky inflation. The Hang Seng Index rallied 1.33 percent, or 219.76 points, to 16,762.83. The Shanghai Composite Index gained...

Hong Kong Stocks Suffer More Losses at Open

Hong Kong stocks fell further at the open on Tuesday morning, tracking a sell-off on Wall Street as investors take a breather after ramping up their bets on a series of Federal Reserve interest rate cuts next year. The Hang Seng Index dipped 0.24 percent, or 39.51 points, to 16,606.54. The...

Hong Kong Stocks Suffer Fresh Losses

Hong Kong stocks extended losses Tuesday as traders took profits after last week's rally as Federal Reserve officials looked to push back on expectations for a series of interest rate cuts next year. The Hang Seng Index fell 0.75 percent, or 124.23 points, to 16,505.00. The Shanghai Composite...

Hong Kong Stocks Suffer Another Big Loss

Hong Kong shares suffered a second straight day of big losses Tuesday as traders grow concerned that a month-long rally may have been overdone, while attention turns to a key Federal Reserve meeting later in the day. The Hang Seng Index shed 1.03 percent, or 227.40 points, to 21,842.33. The...

Hong Kong Stocks Starts Week With Rally

Hong Kong stocks closed with another big gain Monday after a below-par US jobs report reinforced views that the Federal Reserve will not hike interest rates again soon. The Hang Seng Index jumped 1.71 percent, or 302.47 points, to 17,966.59. The Shanghai Composite Index added 0.91 percent, or...

Hong Kong stocks start year with steep loss

Hong Kong stocks sank Tuesday on a disappointing return from the New Year break as worries about the Chinese economy trumped hopes for a series of Federal Reserve interest rate cuts in 2024. The Hang Seng Index shed 1.52 percent, or 258.84 points, at 16,788.55. The Shanghai Composite Index lost...

Hong Kong Stocks Start with Small Gain

Hong Kong stocks opened slightly higher Thursday morning after two days of losses and the release of data showing a further drop in US inflation, fuelling hopes for a pause in the Federal Reserve's interest rate-tightening drive. The Hang Seng Index edged up 0.41 percent, or 80.78 points, to...

Hong Kong Stocks Start with Big Losses

Hong Kong shares opened sharply lower Tuesday morning, with tech firms leading the way following a sell-off on Wall Street. The Hang Seng Index shed 1.01 percent, or 195.87 points, to 19,156.94. The Shanghai Composite Index fell 0.26 percent, or 8.16 points, to 3,098.95, while the Shenzhen...

Hong Kong Stocks Start With Another Loss

Hong Kong stocks opened sharply lower Wednesday morning, extending the previous day's drop after last week's rally, as investors focused on China's economic woes. The Hang Seng Index fell 0.99 percent, or 189.13 points, to 18,826.59. The Shanghai Composite Index dipped 0.09 percent, or 2.81...

Hong Kong Stocks Start Week With Further Losses

Hong Kong stocks sank again Monday to extend a painful start to the year as traders grow increasingly worried about the outlook for China's struggling economy. The Hang Seng Index shed 2.27 percent, or 347.51 points, to 14,961.18. The Shanghai Composite Index sank 2.68 percent, or 75.94 points,...

Hong Kong Stocks Start Week with Big Advance

Hong Kong stocks finished sharply higher Monday on hopes for US debt talks and a possible thaw in China-US relations. The Hang Seng Index jumped 1.17 percent, or 227.60 points, to 19,678.17. The Shanghai Composite Index added 0.39 percent, or 12.93 points, to 3,296.47, while the Shenzhen...

Hong Kong Stocks Start Day with Gains

Hong Kong stocks opened slightly higher Tuesday on mild bargain-buying following a recent sell-off, though traders remain concerned about the Federal Reserve's determination to ramp up interest rates to tackle inflation. The Hang Seng Index edged up 0.38 percent, or 76.66 points, to...

Hong Kong Stocks Soar More Than 3% at Open

Hong Kong stocks surged more than three percent at the open on Monday after China unveiled a series of measures aimed at rescuing the country's property sector and moved to ease some Covid measures. The Hang Seng Index rose 3.89 percent, or 673.60 points, to 17,999.26 -- after rocketing more than...

Hong Kong stocks sink in opening trade

Hong Kong stocks dropped at the open Tuesday, despite a rally on Wall Street, with traders still fretting over another Federal Reserve interest rate hike to tame inflation. The Hang Seng Index sank 1.17 percent, or 229.37 points, to 19,308.55. The Shanghai Composite Index lost 0.25 percent, or...

Hong Kong Stocks Sink at Open

Hong Kong stocks opened lower Monday following a weak lead from Wall Street, while traders kept a worried eye on the Middle East as Israel stepped up its air and ground operations against Hamas in Gaza. The Hang Seng Index lost 0.99 percent, or 173.08 points, to 17,225.65. The Shanghai Composite...

Hong Kong stocks sink ahead of Fed decision

Hong Kong shares finished in the red Wednesday, in line with a sell-off across Asia and New York, as traders fret over the possibility the US Federal Reserve could hike interest rates again before the end of the year. The Hang Seng Index shed 0.62 percent, or 111.57 points, to 17,885.60. The...

Hong Kong Stocks See More Losses at Close

Hong Kong stocks extended their losses for the week on Tuesday, in line with a retreat across Asia as geopolitical worries add to fears the Federal Reserve might not cut interest rates as much as hoped this year. The Hang Seng Index tumbled 2.16 percent, or 350.41 points, to 15,865.92. The...

Hong Kong Stocks Rise at Open

Hong Kong stocks began Wednesday slightly higher following the previous day's big loss, with focus now on the conclusion of the Federal Reserve's policy meeting later in the day. The Hang Seng Index edged up 0.18 percent, or 29.53 points, to 16,559.01. The Shanghai Composite Index dipped 0.13...

Hong Kong stocks rise after four-day loss

Hong Kong shares rose Thursday after a four-day sell-off, with traders keenly awaiting the release of key US inflation data later in the day. The Hang Seng Index added 0.29 percent, or 49.44 points, to 17,042.88. The Shanghai Composite Index rose 0.26 percent, or 7.99 points, to 3,029.67, and...

Hong Kong Stocks Retreat at Open

Hong Kong stocks opened with a loss Friday morning after the previous day's rally as strong US economic data tempered optimism about how quickly the Federal Reserve will cut interest rates. The Hang Seng Index shed 0.70 percent, or 117.83 points, to 16,745.27. The Shanghai Composite Index dipped...

Hong Kong Stocks Reteat at Open

Hong Kong stocks fell at the open Monday following a hefty sell-off on Wall Street, with traders looking ahead to the Federal Reserve's interest rate decision later in the week. The Hang Seng Index slipped 0.63 percent, or 113.85 points, to 18,069.04. The Shanghai Composite Index eased 0.23...

Hong Kong Stocks Resume Losses at Open

Hong Kong stocks resumed their losses Wednesday after a much-needed bounce the day before, with ongoing worries about China's economy smothering sentiment. The Hang Seng Index dipped 0.16 percent, or 28.25 points, to 17,762.76. The Shanghai Composite Index edged down 0.13 percent, or 4.07...

Hong Kong Stocks Rally Out of The Blocks

Hong Kong stocks jumped in the opening few minutes of trade Thursday as investors bet that the Federal Reserve's latest interest rate hike could be its last as inflation eases. The Hang Seng Index rose 0.71 percent, or 136.95 points, to 19,502.09. The Shanghai Composite Index added 0.08 percent,...

Hong Kong Stocks Rally Out of Blocks

Hong Kong shares began Thursday with strong gains following a rally on Wall Street as traders welcomed forecast-beating US earnings and a pickup in consumer sentiment. The Hang Seng Index jumped 1.97 percent, or 376.96 points, to 19,537.45. The Shanghai Composite Index added 0.57 percent, or...

Hong Kong Stocks Rally on Fed Rate Optimism

Hong Kong stocks rose Thursday morning at the open as global markets rallied on hopes the Federal Reserve may have come to the end of its campaign of interest-rate hikes. The Hang Seng Index climbed 1.06 percent, or 180.61 points, to 17,282.39. The Shanghai Composite Index added 0.18 percent, or...

Hong Kong Stocks Rally at Open

Hong Kong stocks jumped more than one percent at the open of trade Friday morning following a healthy performance on Wall Street as worries about US interest rate hikes calmed The Hang Seng Index rose 1.34 percent, or 273.68 points, to 20,703.14. The Shanghai Composite Index added 0.12 percent,...

Hong Kong Stocks Rally at Open

Hong Kong shares opened on the front foot Wednesday morning following another strong lead from Wall Street and Europe, as traders turn their attention from the banking sector to a Federal Reserve interest rate decision. The Hang Seng Index climbed 0.88 percent, or 169.60 points, to...

Hong Kong stocks rally at open

Hong Kong rallied more than one percent at Friday's open following a surge on Wall Street, boosted by strong earnings from tech titans including Apple. The Hang Seng Index jumped 1.22 percent, or 189.91 points, to 15,756.12. The Shanghai Composite Index edged up 0.09 percent, or 2.55 points, to...

Hong Kong stocks rally as Fed boosts rate optimism

Hong Kong stocks closed with another gain Thursday as traders cheered news that the US Federal Reserve still expects to cut interest rates three times this year, despite a recent uptick in inflation. The Hang Seng Index rose 1.93 percent, or 320.03 points, to 16,863.10. The Shanghai Composite...

Hong Kong stocks post small gains by close

Hong Kong stocks finished slightly higher Tuesday after a sharp drop the day before, with focus on an upcoming policy decision by the Federal Reserve later in the week. The Hang Seng Index edged up 0.37 percent, or 66.62 points, to 17,997.17. However, the Shanghai Composite Index was marginally...

Hong Kong stocks post more big gains

Hong Kong stocks ended with big gains Thursday as soft US inflation data boosted hopes for an end to the Federal Reserve's rate-hiking cycle, while weak Chinese trade data boosted talk of fresh economic stimulus. The Hang Seng Index soared 2.60 percent, or 489.67 points, to 19,350.62. The...

Hong Kong Stocks Plunge on China Worries

Hong Kong stocks plunged by more than six percent to a 13-year low Monday as investors were spooked by Chinese President Xi Jinping's decision to hand key economic posts to loyalists who back his zero-Covid strategy. The Hang Seng Index ended down 6.36 percent, or 1,030.43 points, to 15,180.69,...

Hong Kong Stocks Plunge in Tech-Led Selloff

Hong Kong shares finished sharply lower Friday as tech firms were hammered after China unveiled plans to restrict the online gaming industry. The Hang Seng Index tumbled 1.69 percent, or 280.72 points, to 16,340.41. Tencent dived 12.4 -- having lost more than 15 percent at one point and wiping...

Hong Kong Stocks Open with More Losses

Hong Kong stocks chalked up more losses on Tuesday morning as investors worried about the possibility the Federal Reserve would continue to hike interest rates. The Hang Seng Index dropped 0.38 percent, or 67.44 points, to 17,661.85. The Shanghai Composite Index dipped 0.05 percent, or 1.59...

Hong Kong Stocks Open with More Gains

Hong Kong stocks built on a global rally Friday fuelled by optimism that the Federal Reserve's long-running interest rate hiking cycle has come to an end. The Hang Seng Index 1.02 percent, or 175.32 points, to 17,405.91. The Shanghai Composite Index edged up 0.10 percent, or 3.06 points, to...

Hong Kong Stocks Open with Losses

Hong Kong stocks sank at the open Monday after robust US jobs data dented hopes of a slowdown in the world's top economy and ramped up bets on another bumper Federal Reserve interest rate hike. The Hang Seng Index shed 1.64 percent, or 290.69 points, to 17,449.36. The Shanghai Composite Index...

Hong Kong Stocks Open with Losses

Hong Kong stocks opened on the back foot Monday following a hefty drop on Wall Street, with strong US inflation data fanning fears of further Federal Reserve interest rate hikes. The Hang Seng Index lost 0.94 percent, or 189.01 points, to 19,821.03. The Shanghai Composite Index slipped 0.31...

Hong Kong Stocks Open with Losses

Hong Kong stocks opened sharply lower Thursday morning as profit-takers jumped in following a more than four percent surge the previous day, while a negative lead from Wall Street added to selling pressure. The Hang Seng Index sank 1.11 percent, or 229.69 points, to 20,390.02. The Shanghai...

Hong Kong Stocks Open with Losses

Hong Kong stocks opened slightly lower Tuesday morning following a healthy run-up the previous day, with little inspiration from a tepid lead out of Wall Street. The Hang Seng Index dipped 0.22 percent, or 44.90 points, at 20,252,13. The Shanghai Composite Index edged up 0.22 percent, or 7.39...

Hong Kong Stocks Open with Losses

Hong Kong stocks fell at the open of trade Tuesday as profit-takers moved in after last week's healthy rally, with sentiment dented by below-par Chinese economic growth data. The Hang Seng Index shed 0.46 percent, or 89.44 points, to 19,324.34, as investors returned after Monday's trading was...

Hong Kong stocks open with losses

Hong Kong stocks opened slightly lower Monday morning after strong US jobs data dealt another blow to hopes that the Federal Reserve will cut interest rates in June. The Hang Seng Index dipped 0.44 percent, or 73.09 points, to 16,650.83. The Shanghai Composite Index fell 0.39 percent, or 11.97...

Hong Kong Stocks Open with Gains

Hong Kong stocks rose in the first minutes of business Friday, following a positive lead from Wall Street, as bargain-buyers stepped in at the end of another painful week for markets. The Hang Seng Index added 0.64 percent, or 111.92 points, to 17,484.95. The Shanghai Composite Index inched up...

Hong Kong stocks open with big losses

Hong Kong stocks opened sharply lower Tuesday morning as investors turned their focus to the previous day's liquidation order for Chinese property giant Evergrande and its possible impact on the country's economy. The Hang Seng Index fell 1.12 percent, or 180.58 points, to 15,896.66. The...

Hong Kong Stocks Open Slightly Higher

Hong Kong stocks began Friday with a small gain, paring some of the week's losses, as investors keenly await the release of key US inflation data due later in the day. The Hang Seng Index edged up 0.17 percent, or 27.55 points, to 16,373.44. The Shanghai Composite Index was marginally lower,...

Hong Kong stocks open slightly higher

Hong Kong stocks opened with small gains Thursday following a two-day plunge, as traders brushed off steep losses on Wall Street that came after the Federal Reserve said it was unlikely to cut interest rates next month. The Hang Seng Index edged up 0.24 percent, or 37.79 points, to...

Hong Kong Stocks Open on Front Foot

Hong Kong stocks edged up at the open Friday as a strong earnings report from e-commerce giant JD.com provided a boost to tech firms, while traders were also cheered by data showing US inflation easing. The Hang Seng Index rose 0.54 percent, or 107.05 points, to 19,850.84. The Shanghai Composite...

Hong Kong Stocks Open on Back Foot

Hong Kong stocks edged slightly lower in opening trade Friday following losses on Wall Street and with investors fretting over the outlook for China's economy. The Hang Seng Index dipped 0.05 percent, or 9.32 points, to 18,918.70. The Shanghai Composite Index shed 0.19 percent, or 6.10 points,...

Hong Kong Stocks Open Lower

Hong Kong stocks fell further at the open Wednesday morning on growing recession worries, while investors gird themselves for US inflation data that could play a huge role in the Federal Reserve's interest rate decision next month. The Hang Seng Index slipped 0.44 percent, or 74.09 points, to...

Hong Kong Stocks Open Lower

Hong Kong stocks fell at the open Tuesday on worries that a surge in oil prices could fan inflation and force the Federal Reserve to lift interest rates higher than expected. The Hang Seng Index dipped 0.22 percent, or 44.82 points, to 20,364.36. The Shanghai Composite Index was flat, inching up...

Hong Kong stocks open lower

Hong Kong stocks opened slightly lower on Monday following a late sell-off on Wall Street, as investors weigh a mixed US jobs report that kept them guessing about the Federal Reserve's plans for monetary policy. The Hang Seng Index slipped 0.33 percent, or 64.80 points, to 19,474.66. The...

Hong Kong Stocks Open Lower

Hong Kong stocks fell in the opening minutes of trade Wednesday morning following a tepid performance on Wall Street. The Hang Seng Index slipped 0.28 percent, or 46.05 points, to 16,143.97. The Shanghai Composite Index lost 0.22 percent, or 6.27 points to 2,886.98, and the Shenzhen Composite...

Hong Kong stocks open lower

Hong Kong shares started lower on Tuesday after China set a five percent annual growth target and Wall Street fell ahead of the release of key US economic indicators. The Hang Seng Index dived 1.5 percent, or 252.02 points, to 16,343.95 The Shanghai Composite Index was down 0.4 percent, or 12.20...

Hong Kong Stocks Open Higher

Hong Kong stocks opened higher Thursday, extending a two-day rally, as tech titans were boosted by a forecast-beating earnings report from AI chip giant NVIDIA. The Hang Seng Index jumped 0.82 percent, or 146.81 points, to 17,992.73. The Shanghai Composite Index added 0.24 percent, or 7.51...

Hong Kong stocks open higher

Hong Kong stocks edged higher at the open on Thursday, continuing the previous day's rally and building on gains in US stocks. The Hang Seng Index rose 0.23 percent, or 38.07 points, to 16,662.91. The Shanghai Composite Index was flat at the open, dropping by 0.02 percent, or 0.68 points, to...

Hong Kong stocks open higher

Hong Kong stocks rose at the open on Monday after China unveiled fresh measures to support the country's languishing markets. The Hang Seng Index added 0.59 percent, or 94.02 points, to 16,046.25. The Shanghai Composite Index was flat, inching up 0.38 points to 2,910.61, and the Shenzhen...

Hong Kong Stocks Open Higher

Hong Kong shares rose Friday morning, building on gains from the past two sessions, with investors now looking to the release of new US inflation data later in the day. The Hang Seng Index ticked up 0.1 percent, or 11.48 points, to 15,956.11. Markets in mainland China are closed for a public...

Hong Kong Stocks Kick Off with Gains

Hong Kong stocks resumed their upward journey at Friday's open after a two-day drop, boosted by a rally in tech companies. The Hang Seng Index jumped 1.50 percent, or 270.70 points, to 18,316.36. The Shanghai Composite Index was marginally higher, inching up 1.29 points to 3,116.73, while the...

Hong Kong Stocks Higher at Open

Hong Kong stocks started slightly higher Wednesday morning following six days of losses sparked by unease over US inflation expectations. The Hang Seng Index added 0.32 percent, or 64.03 points, to 19,849.97. The Shanghai Composite Index was barely moved, ticking 0.47 points higher to 3,279.14,...

Hong Kong stocks head into weekend with more losses

Hong Kong stocks closed out the week with more losses Friday as weak data from China added to worries about the world's number two economy, while a forecast-beating US inflation print dented hopes for an early interest rate cut. The Hang Seng Index slipped 0.35 percent, or 57.46 points, to...

Hong Kong Stocks Head Into Weekend With Big Gain

Hong Kong stocks finished the week on a strong note Friday, building on the previous day's rally fuelled by the Federal Reserve's indication it will cut interest rates next year. The Hang Seng Index jumped 2.38 percent, or 390.00 points, to 16,792.19. The Shanghai Composite Index eased 0.56...

Hong Kong Stocks Hammered After China Growth Data

Hong Kong stocks tanked Wednesday on worries about China's economy after data showed it grew in 2023 at its slowest pace for more than three decades outside the pandemic years. The Hang Seng Index plunged 3.71 percent, or 589.02 points, to 15,276.90. The Shanghai Composite Index closed down 2.09...

Hong Kong Stocks Flat in Opening Exchanges

Hong Kong stocks opened flat Wednesday morning after two days of big losses but traders remain fixated on the possibility that the Federal Reserve will hike interest rates again before the end of the year. The Hang Seng Index inched up 5.21 points to 17,472.11. The Shanghai Composite Index edged...

Hong Kong stocks finish with losses

Hong Kong stocks ended sharply down Tuesday ahead of a keenly awaited Federal Reserve policy decision that traders hope will shine some light on officials' plans for interest rates. The Hang Seng Index fell 1.24 percent, or 207.64 points, to 16,529.48. The Shanghai Composite Index dropped 0.72...

Hong Kong stocks finish with gains

Hong Kong shares rose Thursday, tracking a rally on Wall Street fuelled by another batch of healthy earnings, with attention turning to the release of fresh US inflation data. The Hang Seng Index climbed 0.4 percent, or 65.25 points, to 15,944.63. Markets in mainland China were closed for a...

Hong Kong Stocks Finish with Big Losses

Hong Kong stocks retreated Thursday ahead of key US jobs data at the end of the week, with fears that a forecast-beating figure will pressure the Federal Reserve to further hike interest rates to combat inflation. The Hang Seng Index shed 0.63 percent, or 125.51 points, to 19,925.74. The...

Hong Kong Stocks Finish with Big Gains

Hong Kong shares finished sharply higher Monday after US jobs data eased pressure on the Federal Reserve to hike interest rates further. The Hang Seng Index gained 2.51 percent, or 462.10 points, to 18,844.16. The Shanghai Composite Index climbed 1.40 percent, or 43.81 points, to 3,177.06, while...

Hong Kong Stocks Finish with Another Loss

Hong Kong stocks ended with a second straight loss Wednesday as traders await clues from the Federal Reserve on its interest rate plans. The Hang Seng Index lost 0.58 percent, or 101.70 points, to 17,568.46. The Shanghai Composite Index shed 0.16 percent, or 4.90 points, to 3,052.37, and the...

Hong Kong Stocks Finish With Another Loss

Hong Kong stocks ended a dire week with another loss on Friday as worries over China's economic outlook overshadowed a tech-fuelled rally in New York and across most of Asia. The Hang Seng Index retreated 0.54 percent, or 83.10 points, to 15,308.69. The Shanghai Composite Index fell 0.47...

Hong Kong Stocks Finish with a Loss

Hong Kong shares finished slightly lower Friday after a hefty rally over the previous three days, with investors now turning their attention to the release of US jobs data later in the day. The Hang Seng Index eased 0.33 percent, or 61.09 points, to 18,675.35. The Shanghai Composite Index...

Hong Kong stocks finish well down

Hong Kong shares finished Thursday with hefty losses, with investors keeping a wary eye on indebted Chinese property giant Evergrande after its shares were suspended from trading again. The Hang Seng Index shed 1.36 percent, or 238.84 points, to close at 17,373.03. The Shanghai Composite Index...

Hong Kong stocks finish week with more losses

Hong Kong stocks finished a tough week with another loss Friday as 2024 got off to a terrible start for equities, with a forecast-beating US jobs report denting hopes for an early interest rate cut. The Hang Seng Index sank 0.66 percent, or 110.65 points to 16,535.33. The Shanghai Composite...

Hong Kong stocks finish week with big gains

Hong Kong stocks rallied Friday to top the week on a positive note on hopes that strong Amazon earnings will help fuel a bounce on Wall Street. The Hang Seng Index jumped 2.08 percent, or 354.12 points, to 17,398.73. The Shanghai Composite Index added 0.99 percent, or 29.49 points, to 3,017.78,...

Hong Kong stocks finish week with a loss

Hong Kong shares sank Friday following a mixed lead from Wall Street, even after data showed US inflation fell further in October, ramping up bets on an interest rate cut early next year. The Hang Seng Index fell 1.25 percent, or 212.58 points, to 16,830.30. The Shanghai Composite Index rose...

Hong Kong Stocks Finish Week on a High

Hong Kong shares closed the week with a gain Friday, in line with a global rally after softening US inflation fanned hopes the Federal Reserve will end its interest rate hiking campaign soon. The Hang Seng Index climed 0.46 percent, or 94.33 points, to 20,438.81. The Shanghai Composite Index...

Hong Kong stocks finish slightly higher

Hong Kong stocks ended marginally higher Monday on investor hopes that a wider war in the Middle East could be avoided, and as traders awaited a key Federal Reserve policy meeting later in the week. The Hang Seng Index inched up 7.63 points to 17,406.36. The Shanghai Composite Index edged up...

Hong Kong stocks finish sharply lower

Hong Kong stocks closed sharply lower on Thursday following tumbling US and European markets pushed by inconclusive US midterm election results and inflation fears. The Hang Seng Index shed 1.70 percent, or 277.48 points, to 16,081.04. The Shanghai Composite Index dropped 0.39 percent, or 12.04...

Hong Kong Stocks Finish Sharply Lower

Hong Kong stocks finished Monday with hefty losses on profit-taking after enjoying a strong January, though mainland Chinese markets climbed as traders returned from a week-long holiday. The Hang Seng Index fell 2.73 percent, or 619.17 points, to 22,069.73. The Shanghai Composite Index added...

Hong Kong Stocks Finish Sharply Down

Hong Kong stocks tumbled Wednesday after three days of gains, with traders left unimpressed by city leader John Lee's first policy address in which he vowed to boost the economy but would press on with a political crackdown. The Hang Seng Index fell 2.38 percent, or 403.30 points, to...

Hong Kong Stocks Finish on Positive Note

Hong Kong stocks finished with another gain Thursday, in line with gains across most of Asia, on bargain-buying following a hefty drop at the start of the week. The Hang Seng Index added 0.72 percent, or 110.27 points, to 15,427.94. The Shanghai Composite Index dipped 0.55 percent, or 16.60...

Hong Kong Stocks Finish Marginally Higher

Hong Kong shares finished effectively flat on Tuesday as traders nervously waited for US lawmakers to hammer out a deal to raise the debt ceiling and avert a damaging default. The Hang Seng Index inched up 7.12 points to 19,978.25. The Shanghai Composite Index slipped 0.60 percent, or 19.75...

Hong Kong stocks finish lower

Hong Kong stocks closed sharply lower Monday on fresh worries about China's rattled property sector, while traders also contemplated the prospect of another US interest rate hike before the end of the year. The Hang Seng Index sank 1.82 percent, or 328.16 points, to 17,729.29. The Shanghai...

Hong Kong stocks finish lower

Hong Kong shares closed with another loss Tuesday as investors failed to maintain strong early momentum as worries over the Chinese economic outlook trumped optimism for US interest rate cuts. The Hang Seng Index dipped 0.21 percent, or 34.43 points, to 16,190.02. The Shanghai Composite Index...

Hong Kong stocks finish lower

Hong Kong stocks closed lower Thursday for a second day following a recent healthy run-up, with attention now on the release of US data due later in the day, including on producer prices. The Hang Seng Index dropped 0.71 percent, or 120.45 points, to 16,961.66. The Shanghai Composite Index lost...

Hong Kong Stocks Finish Higher

Hong Kong stocks rose Monday following a healthy run-up on Wall Street at the end of last week, having been closed in the morning owing to a typhoon in the city. The Hang Seng Index added 0.18 percent, or 31.42 points, to 17,517.40. The Shanghai Composite Index eased 0.44 percent, or 13.55...

Hong Kong stocks finish higher

Hong Kong shares closed on a healthy note Thursday as global markets welcomed a hint from the Federal Reserve that its programme of interest rate hikes had come to an end. The Hang Seng Index rose 0.75 percent, or 128.81 points, to 17,230.59. The Shanghai Composite Index retreated 0.45 percent,...

Hong Kong Stocks Finish Higher

Hong Kong shares rose on Thursday after higher-than-expected US tech earnings helped boost Asian markets, including pushing Tokyo's benchmark index to a record close. The Hang Seng Index finished up 1.5 percent, or 239.85 points, to close at 16,742.95. The Shanghai Composite Index advanced 1.3...

Hong Kong stocks finish flat

Hong Kong stocks ended Wednesday marginally higher as bargain-buying after a recent sell-off was offset by the prospect that US interest rates will be kept elevated longer than expected. The Hang Seng Index inched up 2.87 points, to 16,251.84. The Shanghai Composite Index rallied 2.14 percent,...

Hong Kong stocks fall further at open

Hong Kong stocks extended the week's losses at the open Wednesday following another drop on Wall Street and ahead of keenly awaited Chinese inflation data later in the day. The Hang Seng Index lost 0.65 percent, or 124.59 points, to 19,059.58. The Shanghai Composite Index eased 0.29 percent, or...

Hong Kong Stocks Fall at Open

Hong Kong stocks opened lower Thursday as fresh below-forecast US data added to concerns about a recession in the world's biggest economy. The Hang Seng Index retreated 0.63 percent, or 128.37 points, to 20,146.22. The Shanghai Composite Index eased 0.30 percent, or 9.81 points, to 3,302.75,...

Hong Kong Stocks Fall About 2% to Lowest Level This Year; Bank of Korea Holds Rates

Hong Kong’s Hang Seng index led losses in Asia on Thursday, falling about 2% to close at 18,746.92 — the lowest level this year. Mainland Chinese markets also fell, with the Shanghai Composite down 0.11% to finish at 3,201.26, its lowest close in over four months. The Shenzhen Component closed...

Hong Kong stocks extend sell-off

Hong Kong stocks closed sharply lower on Wednesday, extending a sell-off fuelled by profit-taking, with tech giants leading the losses. The Hang Seng Index dropped 2.08 percent, or 360.70 points, to 16,993.44. The Shanghai Composite Index slipped 0.56 percent, or 16.87 points, to 3,021.69, and...

Hong Kong stocks extend losses at close

Hong Kong stocks suffered another hefty loss Tuesday on growing concerns about another Federal Reserve interest rate hike, while China's property crisis added to the weak sentiment. The Hang Seng Index tumbled 1.48 percent, or 262.39 points, to close at 17,466.90. The Shanghai Composite Index...

Hong Kong Stocks Extend Losses a Day after Rout

Hong Kong stocks finished slightly lower Tuesday after swinging throughout the day on concerns about the outlook for China's economy after Xi Jinping tightened his grip on power and placed loyalists in key jobs. The Hang Seng Index closed down by 0.10 percent, or 15.10 points, to 15,165.59, after...

Hong Kong Stocks Extend Gains by Close

Hong Kong shares finished with more gains Wednesday, boosted by a report that China was considering spending billions on a fresh stimulus for its stuttering economy. The Hang Seng Index rallied 1.29 percent, or 228.37 points, to 17,893.10. The Shanghai Composite Index edged up 0.12 percent, or...

Hong Kong stocks extend gains after losing streak

Hong Kong stocks rallied again on Thursday thanks to easing concerns about a possible Federal Reserve interest rate hike, while tech firms soared on forecast-beating earnings from chip titan Nvidia. The Hang Seng Index surged 2.05 percent, or 366.25 points, to 18,212.17. The Shanghai Composite...

Hong Kong stocks extend gains

Hong Kong stocks finished sharply higher Wednesday on optimism for more Chinese economic stimulus and ahead of US inflation data later in the day. The Hang Seng Index climbed 1.08 percent, or 201.12 points, to 18,860.95. The Shanghai Composite Index dipped 0.78 percent, or 25.23 points, to...

Hong Kong stocks end with more gains

Hong Kong stocks rallied Wednesday on the back of a surge in tech giants including Alibaba and Tencent, while investors were preparing for the release of key US inflation data later in the day. The Hang Seng Index jumped 1.85 percent, or 311.10 points, to 17,139.17. The Shanghai Composite Index...

Hong Kong stocks end with losses

Hong Kong stocks fell Thursday, in line with losses across most global markets, on worries about a possible widening of hostilities in the Middle East after Israel said it was preparing a ground incursion in Gaza. The Hang Seng Index shed 0.24 percent, or 40.72 points, to 17,044.61. But the...

Hong Kong Stocks End with Big Losses

Hong Kong stocks closed sharply lower Tuesday with other Asian markets as traders grow concerned about possible contagion after the collapse of US lender Silicon Valley Bank. The Hang Seng Index sank 2.27 percent, or 448.01 points, to 19,247.96. The Shanghai Composite Index fell 0.72 percent, or...

Hong Kong Stocks End Week with Big Losses

Hong Kong stocks sank more than three percent Friday afternoon as tech firms followed their US counterparts sharply lower after weak earnings from big-name firms including Amazon and Facebook parent Meta. The Hang Seng Index tumbled 3.66 percent, or 564.88 points, to 14,863.06. The Shanghai...

Hong Kong Stocks End Week With Big Loss

Hong Kong stocks tumbled Friday after more than a week of gains, with a bigger-than-expected rise in US consumer prices reviving worries the Federal Reserve will hike interest rates further. The Hang Seng Index sank 2.33 percent, or 424.76 points, to 17,813.45. The Shanghai Composite Index lost...

Hong Kong stocks end week with a loss

Hong Kong stocks finished sharply lower Friday after forecast-beating US inflation data that fuelled worries about Federal Reserve interest rate cuts. The Hang Seng Index shed 1.42 percent, or 240.77 points, to 16,720.89. The Shanghai Composite Index gained 0.54 percent, or 16.40 points, to...

Hong Kong stocks end week with a flourish

Hong Kong shares surged more than two percent, defying a retreat on Wall Street, on hopes China will at the weekend unveil fresh measures to boost the country's stuttering economy. The Hang Seng Index rallied 2.28 percent, or 402.04 points, to 18,057.45. The Shanghai Composite Index climbed 1.55...

Hong Kong Stocks End on Strong Note

Hong Kong stocks ended Tuesday with healthy gains as global markets rallied, with sentiment boosted by the UK government's decision to row back on a controversial debt-funded mini-budget. The Hang Seng Index jumped 1.82 percent, or 301.68 points, to 16,914.58. The Shanghai Composite Index dipped...

Hong Kong Stocks End on Negative Note

Hong Kong stocks closed in the red Tuesday, reversing morning gains, as investors nervously await Federal Reserve boss Jerome Powell's testimony to US lawmakers, hoping for a better grasp of the bank's plans for fighting inflation. The Hang Seng Index fell 0.33 percent, or 68.71 points, to...

Hong Kong Stocks End More Than 3% Lower

Hong Kong stocks plunged Friday following a rout on Wall Street fuelled by worries over the banking sector, while traders are also awaiting the release of key US jobs data. The Hang Seng Index dived 3.04 percent, or 605.82 points, to 19,319.92, wiping out all the gains made so far this year. The...

Hong Kong Stocks End More Than 3% Higher

Hong Kong stocks jumped for a second successive day Wednesday after news that Alibaba's co-founders had bought a huge stake in the market heavyweight, while China said it would cut the amount of cash banks must keep in reserve, to boost lending. The Hang Seng Index surged 3.56 percent, or 545.89...

Hong Kong Stocks End Marginally Higher

Hong Kong shares closed barely higher Thursday as traders took a breather from a rally across world markets fuelled by expected US interest rate cuts next year. The Hang Seng Index inched up 7.32 points to 16,621.13. The Shanghai Composite Index added 0.57 percent, or 16.61 points, to 2,918.71,...

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 after Late Sell-Off

Hong Kong stocks closed down on Thursday after a late sell-off as traders struggled to maintain early momentum, despite hopes the Federal Reserve could be nearing the end of its interest rate hike campaign. The Hang Seng Index fell 0.52 percent, or 113.82 points, to 21,958.36. The Shanghai...

Hong Kong Stocks End Lower

Hong Kong shares finished with big losses Wednesday on growing worries that recent strong US data will keep the Federal Reserve from cutting rates as much as hoped this year. The Hang Seng Index dropped 1.22 percent, or 206.42 points, to 16,725.10. The Shanghai Composite Index shed 0.18 percent,...

Hong Kong Stocks End Higher

Hong Kong shares closed higher on Wednesday, with traders tracking gains in the United States as investors worldwide continue to ride the so-called "Santa Claus" rally. The Hang Seng Index finished up 1.74 percent, or 284.43 points, at 16,624.84. The Shanghai Composite Index added 0.54 percent,...

Hong Kong Stocks End Higher

Hong Kong shares closed higher on Wednesday, as traders await a highly anticipated tech earnings report and Fed policy meeting minutes later in the day. The Hang Seng Index ended up 1.6 percent, or 255.59 points, to close at 16,503.10. The Shanghai Composite Index rose 1.0 percent, or 28.23...

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 Down

Hong Kong shares closed slightly lower Thursday, extending losses to a third day as data showing China had slipped back into deflation in October sparked fears over the world's number two economy. The Hang Seng Index slipped 0.33 percent, or 57.17 points, to 17,511.29. The Shanghai Composite...

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 Edge Up at Open

Hong Kong stocks opened slightly higher Tuesday, extending their latest rally as investors brushed off losses on Wall Street to focus on easing Covid restrictions in China. The Hang Seng Index edged up 0.26 percent, or 46.09 points, to 17,665.80. The Shanghai Composite Index eased 0.07 percent,...

Hong Kong Stocks Edge Up at Open

Hong Kong shares opened slightly higher Wednesday morning following the previous day's hefty drop, though traders remain on edge over rising interest rates aimed at fighting inflation. The Hang Seng Index added 0.50 percent, or 96.11 points, to 19,190.91. The Shanghai Composite Index edged up...

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 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 fell at the open of trade Friday morning after data showed US inflation rose more than expected last month, further denting hopes for an early interest rate cut by the Federal Reserve. The Hang Seng Index dipped 0.52 percent, or 85.07 points, to 16,216.97. The Shanghai Composite...

Hong Kong Stocks Drop as Traders Cash in After Rally

Hong Kong stocks dropped Thursday, giving back some of the previous day's near-four percent rally as profit-takers moved in on a subdued day for Asian markets. The Hang Seng Index sank 1.36 percent, or 246.18 points, to 17,832.82. The Shanghai Composite Index slipped 0.71 percent, or 21.91...

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 Drop After Three-Day Surge

Hong Kong shares finished with a big loss Friday as profit-takers moved in after a three-day rally that saw it pile on more than eight percent in reaction to Chinese pledges to boost the country's battered economy. The Hang Seng Index fell 1.60 percent, or 259.73 points, to 15,952.23. The...

Hong Kong Stocks Down at Open

Hong Kong stocks opened slightly lower Thursday morning following a tepid lead from Wall Street, with investors keeping a wary eye on China's property sector after troubled developer Evergrande suspended trading in the city again. The Hang Seng Index dipped 0.14 percent, or 24.79 points, to...

Hong Kong Stocks Down at Open

Hong Kong stocks fell in the opening minutes of trade Tuesday, with investors looking ahead to a key Federal Reserve policy decision later in the week, while also keeping tabs on developments in the Middle East crisis. The Hang Seng Index slipped 0.39 percent, or 68.66 points, to 17,337.70. The...

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 Dips at Open

Hong Kong stocks opened slightly lower Monday morning following a strong rally last week, with a big cut in oil output by OPEC + adding to inflation concerns. The Hang Seng Index dipped 0.10 percent, or 20.61 points, to 20,379.50. The Shanghai Composite Index added 0.14 percent, or 4.48 points,...

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 Extended Gains

Hong Kong finished Wednesday with another healthy gain on hopes that China will ease up on the strict Covid-zero policies that were part of the cause for recent unrest across the country. The Hang Seng Index climbed 2.16 percent, or 392.55 points, to 18,597.23, having jumped more than five...

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 Another Loss

Hong Kong shares closed in negative territory Friday, with traders taking a step back after a rally throughout January was brought to an end, with eyes now on a key US jobs report later in the day. The Hang Seng Index sank 1.36 percent, or 297.89 points, to 21,660.47. The Shanghai Composite...

Hong Kong Stocks Close with a Loss

Hong Kong stocks fell Tuesday even after data was released showing a forecast-beating jump in Chinese economic growth, with analysts saying the recovery appeared to be uneven. The Hang Seng Index dropped 0.63 percent, or 131.94 points, to 20,650.51. But the Shanghai Composite Index added 0.23...

Hong Kong Stocks Close Slightly Higher

Hong Kong stocks closed marginally higher Thursday following gains on Wall Street. The Hang Seng Index was up 0.10 percent, or 18.03 points, to 17,213.87. Mainland Chinese markets were closed for a holiday. Source : AFP

Hong Kong Stocks Close Slightly Higher

Hong Kong stocks rose Thursday on bargain-buying but were still well down for the year so far as traders fret over China's struggling economy, while expectations for an early US interest rate cut fade. The Hang Seng Index gained 0.75 percent, or 114.89 points, to 15,391.79. The Shanghai...

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

Hong Kong stocks finished sharply lower on Tuesday over concerns the Federal Reserve could keep interest rates higher for longer. The Hang Seng Index dropped 2.69 percent, or 478.44 points, to 17,331.22. Mainland Chinese markets were closed for a holiday. Source : AFP

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 Lower

Hong Kong stocks fell more than one percent Tuesday as profit-takers moved in after a strong three-day rally, while traders were also weighing mixed trade data out of China. The Hang Seng Index sank 1.65 percent, or 296.43 points, to 17,670.16. The Shanghai Composite Index was marginally lower,...

Hong Kong Stocks Close on Front Foot

Hong Kong shares finished Monday on a positive note, reversing early losses, as investor gear up for the corporate earnings season. The Hang Seng Index edged up 0.15 percent, or 25.21 points, to 16,612.90. The Shanghai Composite Index edged up 0.42 percent, or 12.96 points, to 3,084.94, while...

Hong Kong Stocks Close Lower, Shanghai Up

Hong Kong stocks broke a three-day winning streak to close lower on Monday after the Chinese central bank left a key rate unchanged, a move seen as protecting the yuan. The Hang Seng Index lost 1.13 percent, or 184.35 points, to end at 16,155.61. The Shanghai Composite Index rose 1.56 percent,...

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 closed lower for a fourth straight session Wednesday as rising bond yields stoked fears the US Federal Reserve will keep rates higher for longer. The Hang Seng Index dropped 0.78 percent, or 135.38 points, to 17,195.84. Mainland Chinese markets were closed for a holiday. Source...

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 shares finished on a negative note Monday after a strong rally at the end of last week, as the euphoria over the Federal Reserve's dovish pivot fades. The Hang Seng Index sank 0.97 percent, or 162.96 points, to 16,629.23. The Shanghai Composite Index lost 0.40 percent, or 11.75 points,...

Hong Kong Stocks Close Lower

Hong Kong shares ended lower on Monday as global investors turned to profit-taking after recent rallies and ahead of corporate earnings reports from major Chinese firms. The Hang Seng Index finished down 0.54 percent, or 91.12 points, at 16,634.74. The Shanghai Composite Index shed 0.93 percent,...

Hong Kong Stocks Close Lower

Hong Kong shares ended down more than 1.0 percent on Wednesday as the city's budget report failed to raise sentiment. The Hang Seng Index dipped 1.5 percent, or 253.95 points, to close at 16,536.85. The Shanghai Composite Index ended down 1.9 percent, or 57.63 points, to 2,957.85, and the...

Hong Kong Stocks Close Lower

Hong Kong shares ended lower on Thursday ahead of the release of key US inflation figures later in the day. The Hang Seng Index dipped 0.2 percent, or 25.41 points, to close at 16,511.44. The Shanghai Composite Index added 1.9 percent, or 57.32 points, to 3,015.17, and the Shenzhen Composite...

Hong Kong Stocks Close Higher

Hong Kong stocks finished Tuesday on a positive note following a long holiday weekend, with traders weighing US jobs data that suggests the Federal Reserve will lift interest rates again next month. The Hang Seng Index climbed 0.76 percent, or 154.04 points, to 20,485.24. The Shanghai Composite...

Hong Kong Stocks Close Higher

Hong Kong stocks finished slightly higher Thursday despite a sharp drop in technology giants including Alibaba, with traders cheered by data showing US inflation came in below expectations last month. The Hang Seng Index rose 0.17 percent, or 34.62 points, to 20,344.48. The Shanghai Composite...

Hong Kong Stocks Close Higher

Hong Kong stocks closed with gains Friday, shaking off Wall Street losses ahead of key US jobs data. The Hang Seng Index was up 1.58 percent, or 272.11 points, to 17,485.98. Mainland Chinese markets were closed for a holiday. Source : AFP

Hong Kong Stocks Close Higher

Hong Kong stocks finished with more gains Tuesday, tracking a rally on Wall Street as traders welcomed dovish comments from Federal Reserve officials that fuelled hopes the bank will not lift interest rates again this year. The Hang Seng Index rose 0.84 percent, or 147.33 points, to...

Hong Kong Stocks Close Higher

Hong Kong stocks ended Thursday on a strong note as world markets advanced in response to a signal from the Federal Reserve that it will cut interest rates next year. The Hang Seng Index rose 1.07 percent, or 173.44 points, to 16,402.19. The Shanghai Composite Index slipped 0.33 percent, or 9.78...

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 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 Build on Wall St Gains at Open

Hong Kong shares opened slightly higher Wednesday morning, in line with gains across Asian markets following a positive lead from Wall Street ahead of the Federal Reserve's policy decision later in the day. The Hang Seng Index edged up 0.16 percent, or 26.92 points, to 17,139.40. The Shanghai...

Hong Kong Stocks Bounce from Two-Day Loss

Shares in Hong Kong rebounded from a two-day drop on Wednesday as traders tracked a rally on Wall Street ahead of a key Federal Reserve policy decision later in the day. The Hang Seng Index jumped 1.05 percent, or 229.85 points, to 22,072.18. The Shanghai Composite Index rose 0.90 percent, or...

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 Boosted by Fed Rate Optimism

Hong Kong stocks rose Wednesday with most other markets across Asia following another record day on Wall Street fuelled by bets on the Federal Reserve cutting interest rates several times next year. The Hang Seng Index added 0.66 percent, or 108.81 points, to 16,613.81. The Shanghai Composite...

Hong Kong Stocks Begin with Small Loss

Hong Kong stocks began Wednesday marginally lower following a tepid lead from Wall Street as traders await the release of key US inflation data later in the day. The Hang Seng Index dipped 7.08 points to 19,860.50. The Shanghai Composite Index lost 0.30 percent, or 9.97 points, at 3,347.70,...

Hong Kong Stocks Begin with More Gains

Hong Kong stocks started Friday morning with another advance, building on the week's gains, on hopes China will unveil new measures to stimulate its economy. The Hang Seng Index rose 0.44 percent, or 86.52 points, to 19,915.44. The Shanghai Composite Index added 0.10 percent, or 3.32 points, to...

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 stocks rose at the open Monday morning following a strong performance on Wall Street fuelled by strong US jobs data, though traders remain on edge over the troubled banking system. The Hang Seng Index added 0.39 percent, or 78.87 points, at 20,128.18. The Shanghai Composite Index...

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 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 on Positive Note

Hong Kong stocks opened slightly higher Monday morning following small gains on Wall Street that came even after forecast-beating US jobs data dampened hopes for an early interest rate cut. The Hang Seng Index added 0.28 percent, or 46.53 points, to 16,581.86. The Shanghai Composite Index dipped...

Hong Kong Stocks Begin on Front Foot

Hong Kong stocks opened slightly higher Monday morning following a positive lead from Wall Street, with traders keeping tabs on a court hearing over a creditor request to wind up battered developer China Evergrande. The Hang Seng Index rose 0.53 percent, or 88.78 points, to 16,919.08. The...

Hong Kong Stocks Begin Day with Small Gain

Hong Kong stocks edged up at the open Thursday following a positive performance on Wall Street ahead of crucial US inflation data later in the day. The Hang Seng Index added 0.35 percent, or 56.89 points, to 16,154.17. The Shanghai Composite Index dipped 0.14 percent, or 3.90 points to 2,873.80,...

Hong Kong Stocks Begin Day on Back Foot

Hong Kong stocks opened with more losses Tuesday morning, extending a sell-off fuelled by fears that big central bank interest rate hikes will tip the world economy into a recession. The Hang Seng Index dipped 0.13 percent, or 21.93 points, to 17,194.73. The Shanghai Composite Index added 0.13...

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 Sharply Down at Open

Hong Kong stocks opened lower on Friday morning following steep losses on Wall Street as recession fears were revived by data indicating the Federal Reserve would have to hike interest rates further to tame inflation. The Hang Seng Index dived 1.51 percent, or 296.99 points, to 19,382.33. The...

Hong Kong Shares Rise to Snap Five-Day Retreat

Hong Kong stocks rose Wednesday to break a five-day losing streak, with hopes for a slower pace of Federal Reserve interest rate hikes playing against worries about a flare-up of Covid-19 cases in China. The Hang Seng Index added 0.57 percent, or 99.40 points, to 17,523.81. The Shanghai...

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 on Back Foot

Hong Kong stocks sank at the start of trade Wednesday following three days of healthy gains after Poland said a Russian-made missile hit a village in the country, killing two people, and put its army on alert. The Hang Seng Index fell 0.95 percent, or 173.91 points, to 18,169.21, having piled on...

Hong Kong shares open lower

Hong Kong stocks opened slightly lower Monday following a broadly negative lead from Wall Street, with traders keeping a wary eye on the Middle East as Israel presses ahead with strikes in Gaza after last week's attacks by Hamas. The Hang Seng Index edged down 0.06 percent, or 10.14 points, to...

Hong Kong Shares Open Higher

Hong Kong stocks opened higher on Monday with investors' eyes on key policy decisions this week from the US Fed and the Bank of Japan. The Hang Seng Index added 0.13 percent, or 21.05 points, to 16,741.94. The Shanghai Composite Index rose 0.16 percent, or 4.74 points, to 3,059.38, while the...

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 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 Finish Higher

Hong Kong stocks ended higher on Tuesday as traders await US economic data this week with hopes of gleaning interest rate-cut clues. The Hang Seng Index gained 0.9 percent, or 156.06 points, to close at 16,790.80. The Shanghai Composite Index ended up 1.3 percent, or 38.46 points, at 3,015.48,...

Hong Kong Shares Finish Down

Hong Kong stocks suffered more losses Monday as China's first Covid death in months fanned fresh fears authorities will impose more strict containment measures, denting recent hopes for a lighter touch. The Hang Seng Index slipped 1.87 percent, or 336.63 points, to 17,655.91. The Shanghai...