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Hong Kong Shares End Week With Another Loss

Friday, 11 August 2023 22:05 WIB | Hangseng

Hong Kong stocks closed with another big loss Friday as a below-forecast US inflation report was unable to soothe worries about the Federal Reserve's interest rate plans, while traders were also rattled by China's economic woes. The Hang Seng Index lost 0.90 percent, or 173.07 points, to...

Hong Kong Stocks Finish Flat

Thursday, 10 August 2023 22:09 WIB | Market update

Hong Kong shares closed marginally higher on Thursday as bargain-buying offset worries about China's economy and nervousness ahead of the release of US inflation data later in the day. The Hang Seng Index inched up 0.01 percent, or 2.23 points, to 19,248.26. The Shanghai Composite Index added...

Hong Kong Stocks Close With Minor Gains

Wednesday, 9 August 2023 22:00 WIB | Hangseng

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 Sink On Weak China Data

Tuesday, 8 August 2023 22:16 WIB | Hangseng

Hong Kong stocks finished sharply lower Tuesday as another batch of worse-than-forecast Chinese data added to long-running worries about the world's number two economy. The Hang Seng Index tumbled 1.81 percent, or 353.75 points, to 19,184.17. The Shanghai Composite Index lost 0.25 percent, or...

Hong Kong Stocks Begin Week On Muted Note

Monday, 7 August 2023 22:25 WIB | Hangseng

Hong Kong stocks closed barely moved Monday as traders weigh the Federal Reserve's next move on interest rates following a mixed US jobs report last week. The Hang Seng Index inched down 1.54 points to 19,537.92. The Shanghai Composite Index shed 0.59 percent, or 19.25 points to 3,268.83, while...

Hong Kong Stocks Finish Week On A High

Friday, 4 August 2023 22:01 WIB | Hangseng

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 Open Higher

Friday, 4 August 2023 15:28 WIB | Hangseng

Hong Kong stocks rallied more than one percent in Friday's opening minutes following three days of losses, with eyes now on the release of US jobs data later in the day. The Hang Seng Index jumped 1.29 percent, or 250.26 points, to 19,671.13. The Shanghai Composite Index added 0.48 percent, or...

Hong Kong Stocks Close Lower

Thursday, 3 August 2023 22:03 WIB | Hangseng

Hong Kong stocks finished lower Thursday following a plunge on Wall Street that came as strong US jobs data sparked fresh worries about the Federal Reserve's plans for interest rates. The Hang Seng Index shed 0.49 percent, or 96.51 points, to 19,420.87. The Shanghai Composite Index rose 0.58...

Hong Kong Shares Suffer Fresh Losses at Start of Trade

Thursday, 3 August 2023 15:23 WIB | Hangseng

Hong Kong stocks extended losses at the open Thursday following a plunge on Wall Street as the impact of Fitch's US ratings downgrade rattled through global markets. The Hang Seng Index dropped 0.58 percent, or 113.24 points, to 19,404.14. The Shanghai Composite Index lost 0.22 percent, or 7.13...

Hong Kong Shares Tumble After US Ratings Cut

Wednesday, 2 August 2023 22:10 WIB | Hangseng

Hong Kong stocks tanked Wednesday, in line with a retreat across Asia, Europe and Wall Street after the United States' sovereign debt rating was downgraded, with tech giants leading the selling. The Hang Seng Index shed 2.47 percent, or 493.74 points, to 19,517.38. The Shanghai Composite Index...

Hong Kong Shares Drop at Start of The Day

Wednesday, 2 August 2023 15:19 WIB | Hangseng

Hong Kong stocks opened on the back foot Wednesday following a pullback on Wall Street in response to weak factory data and after Fitch cut the United States' AAA credit rating. The Hang Seng Index slipped 0.54 percent, or 108.35 points, to 19,902.77. The Shanghai Composite Index lost 0.28...

Hong Kong Shares Slip To Cap Recent Rally

Tuesday, 1 August 2023 22:03 WIB | Hangseng

Hong Kong stocks ended Tuesday slightly lower following a recent rally driven by China's pledges of economic stimulus and hopes the Federal Reserve will not have to hike interest rates again. The Hang Seng Index dipped 0.34 percent, or 67.82 points, to 20,011.12. The Shanghai Composite Index was...

Hong Kong Shares Rise at Open

Tuesday, 1 August 2023 15:19 WIB | Hangseng

Hong Kong stocks kicked higher Tuesday at the open following another positive day on Wall Street built on hopes the Federal Reserve's campaign of interest rate hikes is over. The Hang Seng Index rose 0.66 percent, or 132.26 points, to 20,211.20. The Shanghai Composite Index dipped 0.07 percent,...

Hong Kong Shares Finish Higher

Monday, 31 July 2023 21:59 WIB | Hangseng

Hong Kong stocks closed with more gains Monday following a rally on Wall Street and after China unveiled fresh measures to boost the struggling economy. The Hang Seng Index climbed 0.82 percent, or 162.38 points, to 20,078.94. The Shanghai Composite Index added 0.46 percent, or 15.11 points, to...

Hong Kong Shares Open Sharply Higher

Monday, 31 July 2023 15:23 WIB | Hangseng

Hong Kong stocks surged more than one percent at the open Monday following another rally on Wall Street fuelled by fresh data indicating US inflation was being brought under control. The Hang Seng Index jumped 1.61 percent, or 320.97 points, to 20,237.53. The Shanghai Composite Index added 0.34...

Hong Kong Stocks Extend Gains to End Week on a High

Friday, 28 July 2023 22:02 WIB | Hangseng

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 Rally on Fed Rate Hopes

Thursday, 27 July 2023 22:03 WIB | Hangseng

Hong Kong stocks rallied Thursday on hopes the Federal Reserve may have brought its interest rate hiking cycle to an end, while traders were also optimistic China would press ahead with moves to kickstart its economy. The Hang Seng Index climbed 1.41 percent, or 273.97 points, to 19,639.11. The...

Hong Kong Stocks Begin With Loss

Wednesday, 26 July 2023 15:39 WIB | Hangseng

Hong Kong stocks opened lower on Wednesday following the previous day's surge fuelled by China stimulus hopes, while traders are also awaiting a Federal Reserve policy decision later in the day. The Hang Seng Index dipped 0.48 percent, or 93.63 points, to 19,340.77. The Shanghai Composite Index...

Shanghai Composite Index Rises 1.3%; Led by Industrial Sector

Tuesday, 25 July 2023 15:37 WIB | Market update

The Shanghai Composite Index opened 1.3% higher at 3,205.63 in Shanghai. In early trading, industrial stocks led the market higher, as all sectors gained; 1,643 of 2,078 shares rose, while 377 fell. Kweichow Moutai Co. contributed the most to the index gain, increasing 2.2%. Rightway Holdings...

Hong Kong Stocks Start Week with a Loss

Monday, 24 July 2023 21:59 WIB | Hangseng

Hong Kong stocks closed with more losses on Monday as worries about China's economy overshadowed optimism that the Federal Reserve would soon bring its interest rate hiking campaign to an end. The Hang Seng Index slipped 2.13 percent, or 407.11 points, to 18,668.15. The Shanghai Composite Index...

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