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SHANGHAI COMPOSITE

Hong Kong stocks end flat

Thursday, 4 January 2024 22:22 WIB | Market update

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 start year with steep loss

Tuesday, 2 January 2024 22:13 WIB | Market update

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 open higher

Thursday, 28 December 2023 15:42 WIB | Market update

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 End Higher

Wednesday, 27 December 2023 22:09 WIB | Hangseng

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 Plunge in Tech-Led Selloff

Friday, 22 December 2023 22:08 WIB | Hangseng

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 End Marginally Higher

Thursday, 21 December 2023 22:05 WIB | Hangseng

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 Boosted by Fed Rate Optimism

Wednesday, 20 December 2023 22:09 WIB | Hangseng

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 Suffer Fresh Losses

Tuesday, 19 December 2023 22:02 WIB | Hangseng

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 Close Lower

Monday, 18 December 2023 22:03 WIB | Hangseng

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 Head Into Weekend With Big Gain

Friday, 15 December 2023 22:05 WIB | Hangseng

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 Close Higher

Thursday, 14 December 2023 22:13 WIB | Hangseng

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 Open Slightly Higher

Friday, 8 December 2023 15:24 WIB | Hangseng

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 Track US Losses at Open

Thursday, 7 December 2023 15:26 WIB | Hangseng

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 bounce after three-day retreat

Wednesday, 6 December 2023 22:18 WIB | Market update

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 Drop at Open

Wednesday, 6 December 2023 15:24 WIB | Hangseng

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 Suffer More Losses at Open

Tuesday, 5 December 2023 15:34 WIB | Hangseng

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 Begin on Front Foot

Monday, 4 December 2023 15:35 WIB | Hangseng

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 finish week with a loss

Friday, 1 December 2023 22:17 WIB | Market update

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 rise after four-day loss

Thursday, 30 November 2023 22:16 WIB | Market update

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 extend sell-off

Wednesday, 29 November 2023 22:16 WIB | Market update

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...

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