Hong Kong Stocks Close Lower

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

Chinese Markets Finish Higher

Chinese markets closed higher Tuesday as Beijing cut a benchmark lending rate used to price mortgages in an effort to kickstart its struggling economy. The Hang Seng Index ended up 0.6 percent, or 91.90 points, to close at 16,247.51. The Shanghai Composite Index ticked up 0.4 percent, or 12.19...

Hong Kong Stocks Close Higher for Third Day

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

Hong Kong stocks 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 Rally after Lunar New Year Holiday

Hong Kong stocks finished with healthy gains Wednesday as investors returned from an extended Lunar New Year break hoping Chinese leaders will announce fresh measures to boost the country's economy and markets. The Hang Seng Index rose 0.84 percent, or 132.80 points, to 15,879.38. Mainland...

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 Tumble at Open

Hong Kong shares opened more than one percent lower Friday as investors fret over the state of the Chinese economy, while trading was thin ahead of a long weekend to mark Lunar New Year. The Hang Seng Index fell 1.06 percent, or 168.77 points, to 15,709.30. Markets in mainland China are closed...

Shanghai stocks go into New Year break with more gains

Stocks in mainland China rallied for a third straight day Thursday as traders welcomed the replacement of the country's securities regulator over a rout in markets, hoping for more action to kickstart a recovery. The Shanghai Composite Index climbed 1.28 percent, or 36.21 points, to 2,865.90 on...

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...

Shanghai stocks extend rally on support hopes

Shares rallied more than one percent in Shanghai on Wednesday, extending the previous day's surge as investors grow hopeful Chinese officials will push ahead with more measures to support the country's shattered markets. The Shanghai Composite Index jumped 1.44 percent, or 40.21 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...

Stocks soar in Hong Kong, Shanghai on China support pledge

Hong Kong Stocks Shares Plunge at Open

Hong Kong stocks tumbled at the open Monday after Federal Reserve chief Jerome Powell warned interest rates were unlikely to be cut in March and data showed a forecast-busting jump in US jobs creation. The Hang Seng Index sank 1.27 percent, or 196.70 points, to 15,336.86. The Shanghai Composite...

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 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 lower

Hong Kong stocks edged lower on Wednesday morning, extending the previous day's hefty losses as traders eye developments in the Evergrande crisis and await a Federal Reserve policy decision later in the day. The Hang Seng Index fell 0.33 percent, or 51.40 points, to 15,652.05. The Shanghai...

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 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...

Market Review Tuesday, January 23, 2024

Nikkei Tokyo stocks shed earlier gains to end lower Tuesday, with investors digesting the Bank of Japan's decision to maintain its signature monetary easing measures. The benchmark Nikkei 225 index trimmed 0.08 percent, or 29.38 points, to end at 36,517.57, while the broader Topix index lost...

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...