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 Steep Losses

Hong Kong shares opened sharply lower Friday morning, dragged by tech firms after a disappointing earnings report from ecommerce titan Alibaba that added to worries about China's consumer demand. The Hang Seng Index fell 0.97 percent, or 191.76 points, to 19,535.49. The Shanghai Composite Index...

Hong Kong Stocks Open With Small Gain

Hong Kong stocks edged slightly higher at the open Monday after data showing the US producer price index rose less than expected, providing fresh hope for an early interest rate cut. The Hang Seng Index added 0.08 percent, or 13.70 points, to 16,258.28. The Shanghai Composite Index lost 0.33...

Hong Kong Stocks Open With Small Gain

Hong Kong stocks opened slightly higher Thursday morning but made very little headway into steep losses suffered the day before as traders fret over China's economy and hopes fade for an early US interest rate cut. The Hang Seng Index added 0.16 percent, or 24.29 points, to 15,301.19. The...

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 rose in the opening minutes of business Thursday as investors tracked another rally on Wall Street fuelled by growing optimism the Federal Reserve will not hike interest rates again this year. The Hang Seng Index added 0.53 percent, or 97.61 points, to 18,580.47. The Shanghai...

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 sank more than one percent at Monday's open as a stronger-than-forecast US inflation reading dented hopes for a slower pace of Federal Reserve interest rate hikes. The Hang Seng Index fell 1.54 percent, or 306.35 points, to 19,594.52. The Shanghai Composite Index dipped 0.35...

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 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 Gains

Hong Kong stocks opened on the front foot Tuesday morning, with investors brushing off losses on Wall Street as they prepare for a series of key US data this week. The Hang Seng Index added 0.45 percent, or 74.86 points, to 16,548.50. The Shanghai Composite Index was flat, inching up 0.62 points...

Hong Kong Stocks Open With Fresh Losses

Hong Kong stocks opened with more losses Wednesday morning following another dour performance on Wall Street, with traders awaiting the release of Chinese economic growth data later in the day. The Hang Seng Index lost 0.64 percent, or 101.54 points, to 15,764.38. The Shanghai Composite Index...

Hong Kong Stocks Open With Big Gains

Hong Kong stocks kicked off Tuesday morning on a strong note following a global rally, helped by the UK government's decision to scrap a debt-fuelled mini-budget that caused turmoil on financial markets last month. The Hang Seng Index jumped 1.49 percent, or 247.30 points, to 16,860.20. The...

Hong Kong Stocks Open with Another Loss

Hong Kong shares extended the week's losses at Friday's open following hefty losses in New York and Europe as traders grow increasing concerned about the likelihood central banks will keep hiking interest rates. The Hang Seng Index dipped 0.44 percent, or 77.15 points, to 17,578.26. The Shanghai...

Hong Kong Stocks Open With A Big Loss

Hong Kong stocks tumbled more than one percent at the open Wednesday after Federal Reserve boss Jerome Powell warned the bank will continue to hike interest rates as it tries to quell inflation. The Hang Seng Index lost 1.35 percent, or 277.59 points, to 20,256.89. The Shanghai Composite Index...

Hong Kong Stocks Open Slightly Up

Hong Kong stocks opened slightly higher on Thursday after a losing session on Wall Street that followed yet another Federal Reserve interest rate hike. The Hang Seng Index was up 0.18 percent, or 35.60 points, at 19,734.76. The Shanghai Composite Index was down 0.50 percent, or 16.53 points, at...

Hong Kong Stocks Open Slightly Lower

Hong Kong stocks began on the back foot Wednesday following a negative lead from Wall Street as investors keep a close eye on slow progress in US talks to avert a debt default. The Hang Seng Index dipped 0.11 percent, or 22.12 points, to 19,956.13. The Shanghai Composite Index shed 0.27 percent,...

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 a small gain Thursday morning after suffering hefty losses in the first two days of the year, though traders were left disappointed by minutes showing the Federal Reserve could keep interest rates higher for longer to beat inflation. The Hang Seng Index edged up 0.16...

Hong Kong Stocks Open Sharply Lower

Hong Kong stocks tanked at the open Friday morning following a rout on Wall Street fuelled by worries over the banking sector, while traders awaited the release of US jobs data later in the day. The Hang Seng Index fell 1.73 percent, or 344.96 points, to 19,580.78. The Shanghai Composite Index...

Hong Kong Stocks Open Sharply Lower

Hong Kong stocks sank at the open Tuesday following a negative performance in Europe, with confidence weighed by geopolitical worries, while investors were also awaiting key US and Chinese data due later in the week. The Hang Seng Index dived 1.15 percent, or 186.08 points, to 16,030.25. The...

Hong Kong Stocks Open Sharply Lower

Hong Kong stocks tumbled more than one percent at the open Friday after data showing US producer prices surged more than expected last month, denting hopes for interest rate cuts. The Hang Seng Index sank 1.20 percent, or 203.30 points, to 16,758.36. The Shanghai Composite Index slipped 0.22...

Hong Kong Stocks Open on the Back Foot

Hong Kong fell at the open Wednesday, tracking losses on Wall Street ahead of the Federal Reserve's monetary policy announcement later in the day. The Hang Seng Index dipped 0.32 percent, or 57.92 points, to 17,939.25. The Shanghai Composite Index retreated 0.20 percent, or 6.29 points, to...

Hong Kong Stocks Open On Front Foot

Hong Kong stocks opened slightly higher Wednesday morning after suffering two days of hefty losses, with focus on a key Federal Reserve policy decision later in the day. The Hang Seng Index edged up 0.36 percent, or 78.47 points, to 21,920.80. The Shanghai Composite Index gained 0.20 percent, or...

Hong Kong Stocks Open Lower on China Woes, US Rate Fears

Hong Kong stocks opened lower on Wednesday on concerns about the Chinese economy and a possible further rate hike by the Fed after stronger-than-expected US retail sales data. The Hang Seng Index fell 1.07 percent, or 199.33 points, to 18,381.78. The Shanghai Composite Index slipped 0.41...

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 sharply at the open Thursday after US and European markets ended in a sea of red due to inconclusive US election results and a turbulent cryptocurrency market. The Hang Seng Index shed 1.35 percent, or 220.30 points, to 16,138.22. The Shanghai Composite Index dropped 0.71...

Hong Kong Stocks Open Lower

Hong Kong stocks fell at the start of trade Monday morning as profit-takers moved in after recent gains, while Shanghai rallied as mainland Chinese investors returned from a week-long break. The Hang Seng Index slipped 0.48 percent, or 109.02 points, to 22,579.88. The Shanghai Composite Index...

Hong Kong Stocks Open Lower

Hong Kong stocks edged down at the start of business Tuesday as traders weigh the likelihood of the Federal Reserve lifting interest rates more than expected this year. The Hang Seng Index dipped 0.13 percent, or 27.46 points, to 20,859.50. The Shanghai Composite Index was barely moved, edging...

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 fell at the open on Wednesday following Wall Street's lead as robust US jobs figures and rising Treasury yields exacerbated worries about elevated interest rates. The Hang Seng Index fell 0.37 percent, or 64.40 points, to 17,266.82 points. Markets in mainland China are closed...

Hong Kong Stocks Open Lower

Hong Kong stocks fell at the open after a mixed day on Wall Street, even after data showed US inflation continued to come down in October. The Hang Seng Index dipped 0.14 percent, or 23.71 points, to 17,019.17. The Shanghai Composite Index eased 0.08 percent, or 2.32 points, to 3,027.35, and 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 sank at the open Thursday, dragged by heavy selling in market heavyweight Alibaba after the firm reported worse-than-expected sales in the third quarter. The Hang Seng Index shed 0.58 percent, or 93.27 points, to 15,988.62. The Shanghai Composite Index added 0.10 percent, or...

Hong Kong Stocks Open Higher

Hong Kong stocks opened higher on Tuesday, extending recent gains as China's vow to stick to its painful zero-Covid policies failed to dampen optimism among traders. The Hang Seng Index rose 0.27 percent, or 44.69 points, to 16,640.60. The Shanghai Composite Index was down 0.13 percent, or 3.91...

Hong Kong Stocks Open Higher

Hong Kong stocks rose at the open on Wednesday after gains on Wall Street, but trade could remain volatile as investors speculate on the future of China's zero-Covid policy. The Hang Seng Index put on 0.6 percent, or 93.61 points, to 16,650.92 in early trade. The Shanghai Composite Index edged...

Hong Kong Stocks Open Higher

Hong Kong stocks were up in early trade on Thursday, rebounding from previous losses to track Wall Street gains. The Hang Seng Index ticked up by 0.31 percent, or 54.13 points, to 17,249.97 points. Mainland Chinese markets were closed for a holiday. Source : Bloomberg

Hong Kong Stocks Open Higher

Hong Kong stocks were up in early trade Friday, shaking off Wall Street losses ahead of key US jobs data. The Hang Seng Index ticked up 1.50 percent, or 258.41 points, to 17,472.28 points. Mainland Chinese markets were closed for a holiday. Source : AFP

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 Open Higher

Hong Kong stocks edged up at Monday's open as traders prepare for the release of key US data this week, including on inflation and consumer sentiment. The Hang Seng Index added 0.20 percent, or 32.48 points, to 16,531.95. The Shanghai Composite Index eased 0.25 percent, or 7.53 points, to...

Hong Kong Stocks Open Flat

Hong Kong stocks were barely moved at the open of business Tuesday following a tepid lead from Wall Street, with focus on Federal Reserve boss Jerome Powell's testimony to lawmakers later in the day. The Hang Seng Index inched up 3.64 points to 20,606.83. The Shanghai Composite Index eased 0.05...

Hong Kong Stocks Open Down

Hong Kong stocks fell again at the beginning of trade Monday, with investors looking ahead to a key US jobs report at the end of the week, while attention will also turn to the upcoming earnings season. The Hang Seng Index shed 1.00 percent, or 172.58 points to 17,050.25. Mainland Chinese...

Hong Kong Stocks Open Down

Hong Kong stocks opened down Monday after jumping more than five percent in the previous session on speculation that China will begin winding back some of its strict zero-Covid policies. The Hang Seng Index dipped 0.16 percent, or 26.07 points, to 16,135.07. The Shanghai Composite Index rose...

Hong Kong Stocks Marginally Lower At Open

Hong Kong stocks opened flat Wednesday morning following two days of gains, with traders moving cautiously ahead of key US inflation data due later in the day. The Hang Seng Index inched down 3.71 points to 20,481.53. The Shanghai Composite Index added 0.10 percent, or 3.29 points, to 3,316.86,...

Hong Kong Stocks Lower At Start Of Trade

Hong Kong stocks opened with a loss Monday morning following fresh selling on Wall Street as the rally at the end of last week ran out of steam, with focus turning to the upcoming earnings season. The Hang Seng Index dropped 0.65 percent, or 107.95 points to 16,479.74. The Shanghai Composite...

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 Hit By China Economy, US Debt Fears

Hong Kong shares closed heavily down on Wednesday on worries about the outlook for China's economy and US Republican threats to torpedo a bill aimed at lifting the debt ceiling to avoid a default. The Hang Seng Index dropped 1.94 percent, or 361.51 points, to 18,234.27. The Shanghai Composite...

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 Losses

Hong Kong shares finished the week with a big loss on Friday following the previous day's rally, even as Chinese authorities pressed ahead with moves to support the troubled property sector. The Hang Seng Index sank 1.96 percent, or 351.42 points, to 17,559.42. The Shanghai Composite Index fell...

Hong Kong Stocks Head into Weekend with Loss

Hong Kong shares closed the week with another loss Friday as global markets took a hit from Federal Reserve chief Jerome Powell's warning that interest rates could be hiked again to fight inflation. The Hang Seng Index dived 1.76 percent, or 308.03 points, to 17,203.26. The Shanghai Composite...

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 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 Flat at Open

Hong Kong stocks opened barely moved Thursday morning as hopes for a boost to China's economy from new spending pledges were offset by worries about developments in the Middle East. The Hang Seng Index inched down 0.21 points to 17,085.12. The Shanghai Composite Index slipped 0.47 percent, or...

Hong Kong Stocks Flat at Open

Hong Kong shares were barely moved at the open of business Wednesday following another unremarkable day on Wall Street as traders kept their powder dry ahead of inflation data later in the week. The Hang Seng Index inched up 4.94 points to 17,359.08. The Shanghai Composite Index was also flat,...

Hong Kong Stocks Flat at Open

Hong Kong stocks were barely moved at the beginning of trade Thursday as investors weighed the outlook for US interest rates while keeping a close eye on developments in the Middle East crisis. The Hang Seng Index inched up 1.40 points, to 16,253.24. The Shanghai Composite Index fell 0.37...

Hong Kong stocks finish with more losses

Hong Kong stocks closed lower in holiday-thinned trade Friday as traders went into the Lunar New Year break fretting over China's economy and a lack of concrete action by leaders to kickstart growth. The Hang Seng Index dropped 0.83 percent, or 131.49 points, to 15,746.58, having closed after...

Hong Kong Stocks Finish With More Gains

Hong Kong stocks closed comfortably higher Thursday on hopes the Federal Reserve's latest interest rate hike will be one of its last as it looks to fight inflation while averting more banking sector trouble. The Hang Seng Index jumped 2.34 percent, or 458.21 points, to 20,049.64. The Shanghai...

Hong Kong Stocks Finish with big Losses

Hong Kong stocks tumbled Wednesday after the head of the Federal Reserve warned interest rates could go up quicker and higher than feared as officials try to rein in inflation. The Hang Seng Index sank 2.35 percent, or 483.23 points, to 20,051.25. The Shanghai Composite Index eased 0.06 percent,...

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 Losses

Hong Kong shares ended sharply lower Friday, tracking losses on Wall Street and in line with an Asia-wide selloff, with tech firms tracking their US counterparts lower as traders fret over further Federal Reserve monetary tightening. The Hang Seng Index dived 1.57 percent, or 321.24 points, to...

Hong Kong Stocks Finish with Another Loss

Hong Kong shares closed the week with another loss on Friday, in line with a global sell-off fuelled by recession fears as central banks ramp up interest rates to fight inflation. The Hang Seng Index slipped 0.42 percent, or 69.10 points, to 16,211.12. The Shanghai Composite Index edged up 0.13...

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 stocks closed lower Monday on concerns about China's economy after another round of weak data and a spike in Covid-19 cases that has seen fresh containment measures imposed in parts of the country. The Hang Seng Index fell 1.18 percent, or 176.04 points, to 14,687.02. The Shanghai...

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 with a Loss

Hong Kong stocks ended lower Thursday as worries about China's economy overshadowed earlier optimism that the Federal Reserve will soon end its campaign of interest rate hikes. The Hang Seng Index dipped 0.13 percent, or 24.29 points, to 18,928.02. The Shanghai Composite Index shed 0.92 percent,...

Hong Kong Stocks Finish Well Down

Hong Kong tumbled Thursday in line with global markets after more forecast-beating US data added to worries the Federal Reserve will have to push interest rates even higher to combat inflation. The Hang Seng Index sank 1.34 percent, or 247.91 points, to 18,202.07. The Shanghai Composite Index...

Hong Kong Stocks Finish Week With More Losses

Hong Kong stocks extended the week's losses Friday on worries over fresh US rate hikes, though traders were cheered by a report that China was nearing the end of a probe into Alibaba's fintech affiliate Ant Group. The Hang Seng Index sank 0.90 percent, or 167.35 points, to 18,365.70. The...

Hong Kong Stocks Finish Week On Back Foot

Hong Kong shares finished slightly lower Friday as traders fret over the prospect of more US interest rate hikes and following more data showing a weakening Chinese economy. The Hang Seng Index dipped 0.09 percent, or 17.93 points, to 18,916.43. The Shanghai Composite Index added 0.62 percent,...

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 Week On A High

Hong Kong stocks ended slightly higher Friday, bringing the curtain down on a volatile week, with attention focused on the release later in the day of key US jobs data. The Hang Seng Index added 0.61 percent, or 118.59 points, to 19,539.46. The Shanghai Composite Index edged up 0.23 percent, or...

Hong Kong Stocks Finish The Day On Front Foot

Hong Kong shares closed higher on Thursday, bouncing back from early losses on optimism US interest rates will not go up again soon, while property firms were lifted by Chinese moves to shore up the troubled sector. The Hang Seng Index jumped 0.99 percent, or 176.24 points, to 17,910.84. The...

Hong Kong Stocks Finish Slightly Lower

Hong Kong stocks finished with a loss Tuesday, in line with a sell-off across most of Asia and Wall Street, as strong US economic data raised bets on the Federal Reserve pushing interest rates higher than expected. The Hang Seng Index slipped 0.40 percent, or 77.11 points, to 19,441.18. The...

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 ended down Wednesday as worries about the Israel-Hamas crisis spiralling into a regional war overshadowed forecast-beating Chinese economic growth data. The Hang Seng Index fell 0.23 percent, or 40.82 points, to 17,732.52. The Shanghai Composite Index sank 0.80 percent, or 24.79...

Hong Kong Stocks Finish Higher

Hong Kong shares closed with gains on Thursday, extending a global rally fuelled by strong US earnings reports and consumer confidence data. The Hang Seng Index climbed 2.71 percent, or 518.73 points, to 19,679.22. The Shanghai Composite Index dipped 0.46 percent, or 13.98 points, to 3,054.43,...

Hong Kong Stocks Finish Higher

Hong Kong stocks rose Thursday following gains in New York, as traders weighed data showing US consumers continued to spend last month despite rising interest rates and elevated inflation, suggesting the economy remained strong. The Hang Seng Index added 0.84 percent, or 175.50 points, to...

Hong Kong Stocks Finish Higher

Hong Kong shares advanced again Tuesday on hopes that the Federal Reserve is nearing the end of its interest rate hiking cycle as inflation comes down and economic activity shows signs of slowing. The Hang Seng Index rose 0.57 percent, or 109.09 points, to 19,415.68. The Shanghai Composite Index...

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 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 Fall At The Open

Hong Kong stocks dropped more than one percent at the open on Thursday, with investors spooked by China's surging coronavirus cases after the country eased its strict Zero-Covid controls. The Hang Seng Index fell 1.26 percent, or 250.51 points, to 19,648.40, before recovering slightly in early...

Hong Kong Stocks Fall At Open, Ahead Of Easter

Hong Kong stocks opened slightly lower Thursday morning, on the last day of trading ahead of the long Easter weekend, which will see the release of key US inflation data. The Hang Seng Index dipped 0.09 percent, or 14.44 points, to 16,378.40. The Shanghai Composite Index lost 0.15 percent, or...

Hong Kong Stocks Fall at Open on Tempered US Rate Bets

Hong Kong stocks dropped at the open Friday morning as a forecast-busting private-sector jobs report dampened hopes for an early Federal Reserve interest rate cut. The Hang Seng Index dipped 0.44 percent, or 72.86 points, to 16,573.12. The Shanghai Composite Index slipped 0.15 percent, or 4.53...

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 At Open

Hong Kong stocks fell sharply in the first minutes of trade Tuesday on renewed concerns over US interest rates. The Hang Seng Index slid 1.48 percent, or 263.27 points, to 17,546.39 as trading resumed after a holiday weekend. Markets in mainland China are closed for a week-long holiday. Source...

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 Extends Rally At Open

Hong Kong stocks chalked up another healthy gain at the open Friday as traders globally jumped back into markets after the Federal Reserve indicated it would cut interest rates next year. The Hang Seng Index climbed 1.27 percent, or 208.51 points, to 16,610.70. The Shanghai Composite Index...

Hong Kong Stocks Extend Rally to 11-Month High

Hong Kong stocks surged more than two percent Thursday to an 11-month high as traders returned from a long holiday break to extend the year's rally, which has been fuelled by hopes over China's reopening and easing interest rate fears. The Hang Seng Index climbed 2.37 percent, or 522.13 points to...

Hong Kong Stocks Extend Rally at Open

Hong Kong shares rallied at the open Wednesday, building on the previous day's surge on optimism China will push through more measures to support shattered markets and stimulate the economy. The Hang Seng Index rose 0.90 percent, or 145.92 points, to 16,282.39. The Shanghai Composite Index edged...

Hong Kong Stocks Extend Losses at Start of the Week

Hong Kong stocks sank again Monday as investors brushed off a rally on Wall Street and growing expectations the Federal Reserve will cut interest rates in the new year. The Hang Seng Index fell 1.09 percent, or 184.25 points, to 16,646.05. The Shanghai Composite Index lost 0.29 percent, or 8.72...

Hong Kong Stocks Extend Losses at Open

Hong Kong stocks fell again Wednesday at the open, extending their poor start to the year fuelled by worries over China's economy and following a broadly negative lead from Wall Street. The Hang Seng Index sank 0.97 percent, or 163.63 points, to 16,624.92. The Shanghai Composite Index slipped...

Hong Kong Stocks Extend Losses at Close

Hong Kong stocks closed back in negative territory Tuesday as traders were unable to maintain early gains owing to worries about the pace and length of US interest rate hikes aimed at fighting inflation. The Hang Seng Index dropped 0.79 percent, or 157.57 points, to 19,785.94. The Shanghai...

Hong Kong Stocks Extend Losses Ahead Of US Data

Hong Kong stocks extended losses to a sixth day Wednesday, tracking a retreat in New York and across Asia, ahead of a crucial US inflation report later in the day. The Hang Seng Index slipped 0.09 percent, or 16.67 points, to 18,009.22. The Shanghai Composite Index eased 0.45 percent, or 13.99...

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 Losing Streak at Open

Hong Kong stocks opened on the back foot Friday, extending their losing streak to a sixth successive day, fuelled by worries over China's economy and talk of another Federal Reserve interest rate hike. The Hang Seng Index fell 0.64 percent, or 117.65 points, to 18,208.88. The Shanghai Composite...

Hong Kong Stocks Extend Gains to End Week on a High

Hong Kong and Shanghai stocks rallied Friday, brushing off a drop in New York, on growing hopes China will unveil fresh measures to boost the struggling economy. The Hang Seng Index jumped 1.41 percent, or 277.45 points, to 19,916.56. The Shanghai Composite Index jumped 1.84 percent, or 59.25...

Hong Kong Stocks Extend Gains In Typhoon-Hit Trade

Hong Kong stocks ended a truncated day of trading with more gains Wednesday, building on the previous day's surge on hopes China will begin winding back some of its painful zero-Covid policies. The Hang Seng Index rose 2.41 percent, or 371.90 points, to 15,827.17, a day after climbing more than...

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 at Open

Hong Kong stocks opened slightly higher Tuesday morning thanks to fresh gains for tech giants and ahead of the release of key US inflation data due later in the day. The Hang Seng Index added 0.69 percent, or 114.38 points, to 16,701.95. The Shanghai Composite Index was flat, inching down 0.27...

Hong Kong stocks extend gains

Hong Kong and Shanghai stocks rose Tuesday after Chinese authorities signalled fresh moves to support the economy after unveiling measures to help the struggling property sector. The Hang Seng Index rose 0.97 percent, or 180.11 points, to 18,659.83. The Shanghai Composite Index climbed 0.55...

Hong Kong Stocks Enjoy Healthy Gains

Hong Kong stocks ended with much-needed gains Wednesday following another strong performance on Wall Street thanks to hopes for the corporate earnings season. The Hang Seng Index climbed 1.00 percent, or 152.08 points, to 15,317.67. The Shanghai Composite Index added 0.78 percent, or 23.22...

Hong Kong Stocks End With More Losses

Hong Kong stocks tumbled Thursday on fresh fears over the banking sector following the collapse of two US lenders at the weekend, while traders are also looking ahead to the Federal Reserve's interest rate decision next week. The Hang Seng Index shed 1.72 percent, or 335.96 points, to...

Hong Kong Stocks End With More Big Gains

Hong Kong stocks rallied Monday as weak data on the US services sector and slowing wage growth fuelled hopes the Federal Reserve will further slow down its rate of interest rate hikes. The Hang Seng Index climbed 1.89 percent, or 396.70 points, to close at 21,388.34. The Shanghai Composite Index...

Hong Kong Stocks End with Losses

Hong Kong stocks sank Wednesday as Chinese tech firms suffered hefty selling, with traders also awaiting the release of US inflation data later in the day. The Hang Seng Index fell 0.86 percent, or 175.38 points, to 20,309.86. The Shanghai Composite Index rose 0.41 percent, or 13.61 points, to...

Hong Kong Stocks End With Gains

Hong Kong stocks finished Tuesday on the front foot as traders keep tabs on diplomatic efforts to prevent the Israel-Hammas crisis from turning into a Middle East-wide conflict. The Hang Seng Index jumped 0.75 percent, or 132.98 points, to 17,773.34. The Shanghai Composite Index added 0.32...

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 With Big Losses

Hong Kong stocks closed in negative territory Tuesday as nervous investors kept a close eye on debt talks in Washington as US lawmakers battle to hammer out a deal to lift the country's borrowing limit to avert a default. The Hang Seng Index sank 1.25 percent, or 246.92 points, to 19,431.25. The...

Hong Kong Stocks End With Big Losses

Hong Kong stocks tumbled Thursday as traders brushed off data showed a stronger-than-expected jump in Chinese exports, with eyes on the upcoming release of US jobs data. The Hang Seng Index sank 1.27 percent, or 208.31 points, to 16,229.78. The Shanghai Composite Index slipped 0.41 percent, or...

Hong Kong Stocks End With Another Gain

Hong Kong stocks finished Thursday with more gains after swinging through the day, as profit-taking offset optimism over China reopening and traders awaited the release of US inflation data. The Hang Seng Index rose 0.36 percent, or 78.05 points, to 21,514.10. The Shanghai Composite Index edged...

Hong Kong Stocks End Week with Steep Loss

Hong Kong shares sank Friday with the rest of Asia as traders await a keep speech later in the day by Federal Reserve boss Jerome Powell, while US jobs data dented hopes the central bank will hold off any more interest rate hikes. The Hang Seng Index fell 1.40 percent, or 255.79 points, to...

Hong Kong Stocks End Week With More Losses

Hong Kong stocks fell again Friday on worries about an escalation in the Israel-Hamas conflict, while traders were also speculating over the US Federal Reserve's plans for interest rates. The Hang Seng Index shed 0.72 percent, or 123.76 points, to 17,172.13. The Shanghai Composite Index lost...

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 Big Gains

Hong Kong shares rallied Friday after record-breaking days in the United States and Europe fuelled by optimism that the Federal Reserve will cut interest rates this year. The Hang Seng Index climbed 0.76 percent, or 123.61 points, to 16,353.39. The Shanghai Composite Index added 0.61 percent, or...

Hong Kong Stocks End Week With Another Rally

Hong Kong shares closed sharply higher Friday, building on big gains for the week boosted by investor optimism about China's reopening from strict Covid control measures. The Hang Seng Index jumped 2.32 percent, or 450.64 points, to 19,900.87. The Shanghai Composite Index climbed 0.30 percent,...

Hong Kong Stocks End Week with Another Loss

Hong Kong shares finished sharply lower Friday at the end of tough as traders fret over more central bank interest rate hikes as well as China's stuttering economic recovery. The Hang Seng Index sank 1.71 percent, or 328.38 points, to close at 18,889.97. Mainland Chinese markets were closed for...

Hong Kong stocks end week on sour note

Hong Kong stocks sank on Friday as optimism over a US debt deal was overshadowed by a tech sell-off, fuelled by disappointing earnings from ecommerce titan Alibaba that added to worries over China's economy. The Hang Seng Index shed 1.40 percent, or 276.68 points, to 19,450.57. The Shanghai...

Hong Kong Stocks End Volatile Day with Losses

Hong Kong stocks finished Wednesday with another loss, having swung through the day, as the Bank of England confirmed it would end support for financial markets at day's end. The Hang Seng Index shed 0.78 percent, or 131.33 points, to 16,701.03. But the Shanghai Composite Index jumped 1.53...

Hong Kong Stocks End Sharply Higher

Hong Kong stocks rallied with other Asian markets Monday, extending gains to a third day, ahead of the release of key Chinese growth data. The Hang Seng Index surged 1.68 percent, or 343.64 points, to 20,782.45. The Shanghai Composite Index jumped 1.42 percent, or 47.46 points, to 3,385.61,...

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 On A Strong Note

Hong Kong stocks finished with healthy gains Tuesday, clawing back some of the previous day's rout, as concerns over the banking sector eased and traders awaited the Federal Reserve's latest interest rate decision. The Hang Seng Index jumped 1.36 percent, or 258.05 points, to 19,258.76. The...

Hong Kong Stocks End More Than 5% Higher

Hong Kong stocks surged Tuesday as fears about unrest in China gave way to hopes authorities will start to roll back some of their tough, economically painful Covid-zero policies. The Hang Seng Index jumped 5.24 percent, or 906.74 points, to 18,204.68. The Shanghai Composite Index rose 2.31...

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 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 More Than 2 Percent Lower

Hong Kong shares finished Tuesday more than two percent lower after China set an ambitious five percent annual growth target and Wall Street fell ahead of the release of key US economic indicators. The Hang Seng Index ended down 2.6 percent, or 433.33 points, to close at 16,162.64. The Shanghai...

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 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 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 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 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 finished on the front foot Monday after China unveiled fresh measures to support the country's battered markets. The Hang Seng Index rose 0.78 percent, or 125.01 points, to 16,077.24. However, the Shanghai Composite Index shed 0.92 percent, or 26.87 points, to 2,883.36, and the...

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 stocks finished barely moved Wednesday as minutes suggesting the Federal Reserve could keep interest rates elevated for some time offset optimism that officials will not hike again. The Hang Seng Index inched up 0.71 points to 17,734.60. The Shanghai Composite Index shed 0.79 percent,...

Hong Kong Stocks End Flat

Hong Kong stocks ended Friday barely moved, clawing back morning losses fuelled by Middle East and US interest rate concerns, with traders looking ahead to the release of key US jobs data later in the day. The Hang Seng Index inched down 1.18 points to 16,723.92. Mainland Chinese markets were...

Hong Kong Stocks End Down As Early Rally Peters Out

Hong Kong stocks closed lower Tuesday as an early rally ran out of steam, with investors looking ahead to the release of minutes from the Federal Reserve's most recent policy meeting. The Hang Seng Index fell 0.25 percent, or 44.18 points, to 17,733.89. The Shanghai Composite Index inched down...

Hong Kong Stocks End Down

Hong Kong stocks closed with a steep loss Wednesday as investors keep a nervous watch on US talks to avert a debt default, with lawmakers making slow progress. The Hang Seng Index fell 2.09 percent, or 417.68 points, to 19,560.57. The Shanghai Composite Index lost 0.21 percent, or 6.76 points,...

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 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 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 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 Edge Down At Open

Hong Kong stocks started Wednesday slightly lower, extending the previous day's losses following a strong three-day rally, with traders awaiting guidance on monetary policy from Federal Reserve officials. The Hang Seng Index dipped 0.11 percent, or 19.65 points, to 17,650.51. The Shanghai...

Hong Kong Stocks Edge Down At Open

Hong Kong stocks fell at the open Wednesday following a healthy run-up the day before, with attention on a Federal Reserve policy decision due later in the day. The Hang Seng Index eased 0.38 percent, or 62.79 points, to 16,311.71. The Shanghai Composite Index slipped 0.20 percent, or 6.10...

Hong Kong Stocks Drop In Opening Trade

Hong Kong stocks began with losses Wednesday morning following a small retreat on Wall Street with traders looking ahead to the release of key US data and the start of corporate earnings season. The Hang Seng Index fell 0.82 percent, or 136.69 points, to 16,481.63. The Shanghai Composite Index...

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 opened with more losses Wednesday morning, tracking steep drops in New York driven by worries about the prospect of more US interest rate hikes. The Hang Seng Index dipped 0.08 percent, or 17.00 points, to 20,512.49. The Shanghai Composite Index shed 0.44 percent, or 14.47...

Hong Kong Stocks Drop at Open

Hong Kong stocks opened on the back foot Friday morning ahead of fresh US data on consumer expenditure, as traders steel themselves for more interest rate hikes. The Hang Seng Index slipped 0.63 percent, or 127.68 points, to 20,223.67. The Shanghai Composite Index was barely moved, easing 0.22...

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 stocks edged down at the open Monday following a healthy run-up last week as traders await news on a hoped-for stimulus for the Chinese economy. The Hang Seng Index slipped 0.28 percent, or 56.97 points, to 19,983.40. The Shanghai Composite Index eased 0.07 percent, or 2.17 points, to...

Hong Kong Stocks Drop At Open

Hong Kong stocks opened lower Tuesday morning as profit-takers moved in after a three-day rally worth more than four percent, with traders keen to hear comments from top Federal Reserve officials this week. The Hang Seng Index dipped 0.65 percent, or 116.00 points, to 17,850.59. 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 tumbled in the opening minutes of trade Monday following data showing China fell further into deflation last month, while investors are looking ahead to a Federal Reserve policy meeting later in the week. The Hang Seng Index sank 1.13 percent, or 185.31 points, to 16,149.06. The...

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 at Open

Hong Kong stocks fell sharply at the open on Wednesday as investors returned from the Lunar New Year break to data showing US inflation slowed less than forecast in January, denting hopes for an early interest rate cut. The Hang Seng Index sank 1.06 percent, or 167.17 points, to...

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 as US Jobs Data Moves Into Focus

Hong Kong stocks sank Thursday, tracking a sell-off on Wall Street as investors await the release of key US jobs data at the end of the week. The Hang Seng Index shed 0.71 percent, or 117.37 points, to 16,345.89. The Shanghai Composite Index fell 0.09 percent, or 2.73 points, to 2,966.21, and...

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 lower on Wednesday after a losing session on Wall Street fuelled by banking sector fears and jitters over interest rates. The Hang Seng Index opened down 1.24 percent, or 247.66 points, at 19,686.15. Mainland Chinese markets were closed for a holiday. Source : AFP  

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 Down At Open

Hong Kong shares dipped on Monday after a hot US inflation report rekindled worries over the timing of Fed rate cuts, but mainland Chinese stocks gained after a week-long holiday. The Hang Seng Index fell 0.47 percent in early trade, or 76.92 points, to 16,263.04. The Shanghai Composite Index...

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 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 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 More Losses

Hong Kong stocks finished a torrid week with another loss Friday, with traders unable to maintain the morning's surge owing to ongoing worries about China's economy and the possible impact of the crisis at battered developer China Evergrande. The Hang Seng Index fell 0.21 percent, or 32.65...

Hong Kong Stocks Close With Minor Gains

Hong Kong stocks ended Wednesday slightly higher on bargain-buying after a run of hefty losses fuelled by concerns over China's stuttering economy, while traders are now awaiting US inflation data later in the week. The Hang Seng Index added 0.32 percent, or 61.86 points, to 19,246.03. The...

Hong Kong Stocks Close with Losses

Hong Kong stocks finished Monday on a negative note following losses in New York, fuelled by recession concerns as central banks ramp up interest rates to fight inflation. The Hang Seng Index shed 0.50 percent, or 97.86 points, to 19,352.81. The Shanghai Composite Index fell 1.92 percent, or...

Hong Kong Stocks Close with Losses

Hong Kong stocks finished slightly lower Wednesday on lingering worries about the Chinese economy, while traders were also awaiting the Federal Reserve's latest policy decision later in the day. The Hang Seng Index dipped 0.06 percent, or 10.70 points, to 17,101.78. The Shanghai Composite Index...

Hong Kong Stocks Close With Losses

Hong Kong shares closed slightly lower Tuesday after fluctuating through the day as investors keep a wary eye on the release of US inflation data later in the day. The Hang Seng Index dipped 0.17 percent, or 29.35 points, to 17,396.86. The Shanghai Composite Index rose 0.31 percent, or 9.54...

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 stocks finished on a strong note Thursday as global markets advanced on optimism that US lawmakers will soon raise the country's borrowing limit and avert a painful debt default. The Hang Seng Index climbed 0.85 percent, or 166.68 points, to 19,727.25. The Shanghai Composite Index rose...

Hong Kong Stocks Close With Gains

Hong Kong stocks finished Monday with a small advance as traders shifted cautiously ahead of key US inflation data and a Federal Reserve interest rate decision later in the week. The Hang Seng Index edged up 0.07 percent, or 14.36 points, to 19,404.31. The Shanghai Composite Index slipped 0.08...

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 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 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 Big Gains

Hong Kong shares finished with healthy gains Tuesday in line with a rally across other world markets, ahead of US inflation data later in the day. The Hang Seng Index jumped 1.07 percent, or 173.01 points, to 16,374.50. The Shanghai Composite Index gained 0.40 percent, or 12.00 points, to...

Hong Kong Stocks Close With Big Gains

Hong Kong stocks rallied Tuesday, while Shanghai also advanced after China's premier called for more measures to boost the country's flagging markets. The Hang Seng Index jumped 2.63 percent, or 392.80 points, to 15,353.98. The Shanghai Composite Index rose 0.53 percent, or 14.64 points, at...

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 Another Loss

Hong Kong stocks ended with more losses Monday, extending last week's retreat, as traders kept a nervous eye on Russia after an aborted uprising against President Vladimir Putin at the weekend. The Hang Seng Index lost 0.51 percent, or 95.84 points, to close at 18,794.13. 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 With A Big Loss

Hong Kong stocks ended the week with more losses Friday after another above-forecast US inflation reading and comments from Federal Reserve officials suggesting it could hike interest rates 50 basis points next month. The Hang Seng Index fell 1.28 percent, or 267.86 points, to 20,719.81. The...

Hong Kong Stocks Close Well Down

Hong Kong stocks closed with big losses Tuesday, in line with a sell-off across Asia, after the bank of Japan surprised markets with a shift away from its long-standing ultra-loose monetary policy. The Hang Seng Index retreated 1.33 percent, or 258.01 points, to 19,094.80. The Shanghai Composite...

Hong Kong Stocks Close Week on Positive Note

Hong Kong stocks ended a holiday-shortened week with another advance Friday, in line with a rally across Asia following forecast-beating US economic growth data that eased recession fears. The Hang Seng Index added 0.54 percent, or 122.12 points, to 22,688.90. Mainland Chinese markets were...

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 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 stocks finished Wednesday with small gains following the previous day's sell-off, though traders remain on edge over the economic outlook as central banks ramp up interest rates to fight inflation. The Hang Seng Index added 0.34 percent, or 65.69 points, to 19,160.49. The Shanghai...