Thursday, 18 April 2024
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SAHAMHONGKONG

Hong Kong Shares Finish Day On Positive Note
Thursday, 1 February 2024 22:55 WIB | Hangseng

Hong Kong stocks closed slightly higher Thursday after losing more than three percent over the previous two days, with hopes China will provide more support to the economy offsetting a Federal Reserve warning that it is unlikely to cut interest rates next month. The Hang Seng Index gained 0.52...

Stocks Suffer More Losses In Hong Kong And Shanghai
Wednesday, 31 January 2024 22:35 WIB | Hangseng

Hong Kong and Shanghai stocks fell again Wednesday as worries over the Evergrande crisis and China's economy weighed on sentiment ahead of a Federal Reserve policy decision later in the day. The Hang Seng Index lost 1.4 percent, or 218.38 points, to 15,485.07. The Shanghai Composite Index gave...

Hong Kong, Shanghai Stocks Dive On Evergrande Worries
Tuesday, 30 January 2024 22:07 WIB | Hangseng

Shares plunged in Hong Kong and Shanghai on Tuesday as investors turned their attention to the impact of a decision by a Hong Kong court to order the liquidation of the once-mighty Chinese developer Evergrande. The Hang Seng Index sank 2.32 percent, or 373.79 points, to 15,703.45. The Shanghai...

Hong Kong Stocks End Higher
Monday, 29 January 2024 22:18 WIB | Hangseng

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 Drop After Three-Day Surge
Friday, 26 January 2024 22:10 WIB | Hangseng

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, Shanghai Shares Finish With More Gains
Thursday, 25 January 2024 22:14 WIB | Hangseng

Hong Kong and Shanghai stocks finished with another healthy gain Thursday, building on the previous two days' advances as traders cheered Chinese moves to kickstart the country's stuttering economy. The Hang Seng Index climbed 1.96 percent, or 312.09 points, to 16,211.96. The Shanghai Composite...

Hong Kong Stocks End More Than 3% Higher
Wednesday, 24 January 2024 22:05 WIB | Hangseng

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 Close With Big Gains
Tuesday, 23 January 2024 22:12 WIB | Hangseng

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 Start Week With Further Losses
Monday, 22 January 2024 22:11 WIB | Hangseng

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 Finish With Another Loss
Friday, 19 January 2024 22:52 WIB | Hangseng

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 Tick Up At Open
Friday, 19 January 2024 15:39 WIB | Hangseng

Hong Kong stocks inched higher at the open, tracking a Wall Street rally, though the gains did little to pare big losses this week fuelled by worries over China's economy and fading US interest rate cut hopes. The Hang Seng Index edged up 0.08 percent, or 12.90 points, to 15,404.69. The Shanghai...

Hong Kong Stocks Close Slightly Higher
Thursday, 18 January 2024 22:05 WIB | Hangseng

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 Open With Small Gain
Thursday, 18 January 2024 15:38 WIB | Hangseng

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 Fresh Losses
Wednesday, 17 January 2024 15:37 WIB | Hangseng

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 See More Losses at Close
Tuesday, 16 January 2024 22:11 WIB | Hangseng

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 Open Sharply Lower
Tuesday, 16 January 2024 15:50 WIB | Hangseng

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 Close Lower
Monday, 15 January 2024 22:08 WIB | Hangseng

Hong Kong stocks finished Monday slightly lower on lingering worries about China's economy and after the country's central bank held off cutting short-term interest rates. The Hang Seng Index eased 0.17 percent, or 28.25 points, to 16,216.33. The Shanghai Composite Index added 0.15 percent, or...

Hong Kong Stocks Open With Small Gain
Monday, 15 January 2024 15:30 WIB | Hangseng

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 Drop at Open
Friday, 12 January 2024 15:22 WIB | Hangseng

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 Begin Day with Small Gain
Thursday, 11 January 2024 15:25 WIB | Hangseng

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,...


Fed's Powell: Restrictive Policy Needs Further Time to Work
Wednesday, 17 April 2024 00:53 WIB

Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center's...

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New US Home Construction Falls to Lowest Level Since August
Tuesday, 16 April 2024 19:46 WIB

New home construction in the US slowed last month as consumers try to wait out high mortgage rates in hopes borrowing costs will ease later this...

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Asia Markets Extend Declines amid Iran-Israel Tensions; China Economic Data on Deck
Tuesday, 16 April 2024 07:29 WIB

Asia-Pacific markets extended their declines as the world awaits Israel's response to Iran's air assault over the weekend. On Tuesday, China's...

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China's Economic Momentum Shows Signs of Cooling
Tuesday, 16 April 2024 09:12 WIB

China's economic momentum showed signs of cooling in March after a strong start in the first two months of the year, official data showed...

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