(Hong Kong) As April inches towards its final trading day, the Hang Seng Index opened higher by 30 points or 0.13%, reaching 22,038 points. Concurrently, the Hang Seng China Enterprises Index dropped by 16 points or 0.2%, settling at 8,051 points, while the Hang Seng TECH Index rose by 10 points or 0.2%, closing at 5,030 points.
In the tech sector, notable developments unfolded with Tencent edging up by 0.4%, Alibaba climbing by 1.2%, Meituan seeing no significant change, Xiaomi Group declining by 0.4%, JD.com slipping by 0.1%, and Kuaishou ascending by 0.1%.
Following the release of first-quarter financial results by local banks, stock prices exhibited mixed movements. Industrial and Commercial Bank of China and China Construction Bank both declined by 0.7%, while Bank of China saw a 0.6% drop. Agricultural Bank of China, however, experienced a 1% increase. Among other financial stocks, stability was observed with HSBC Holdings rising by 0.2%, AIA Group gaining by 3.9% post-results, China Ping An edging up by 0.3%, and Hong Kong Exchanges and Clearing climbing by 0.4%.
Source; Dimsumdaily.hk
The Hang Seng Index fell 17 points, or 0.1%, to close at 25,935 on Wednesday (November 5), marking its second session of decline after Wall Street plunged on valuation concerns on Tuesday. Technology ...
Hong Kong stocks continued their decline on Wednesday, with the Hang Seng Index falling 1.1% to 25,664.92, after losing 0.8% in the previous session. The decline was driven by weakness in major techno...
The Hang Seng index slumped 206 points, or 0.8%, to close at 25,952 on Tuesday, losing early gains as sentiment soured amid a broad sectoral decline. The technology index fell 1.8% after US President ...
Hong Kong stocks rose 55 points, or 0.2%, to 26,210 in early trading on Tuesday (November 4), posting a second consecutive session of gains. Market sentiment was boosted by positive comments from Chie...
The Hang Seng Index surged 252 points, or 1%, to close at 26,158 on Monday, reversing losses from the previous three sessions amid broad sector gains. Sentiment was boosted by the US-China trade truce...
The ISM Services PMI rose to 52.4 in October 2025 from 50 in September, beating forecasts of 50.8, pointing to the strongest expansion in the services sector since February. Both business activity (54.3 vs 49.9) and new orders (56.2 vs 50.4)...
The three major US stock averages fluctuated between small gains and losses on Wednesday, attempting to rebound from Tuesday's weak session, when concerns over lofty AI valuations weighed on sentiment while earnings remained in focus. The tech...
Employment at US companies rose in October, signaling stabilization in the labor market after two straight months of declines. Private-sector jobs increased by 42,000 after a revised 29,000 decline in the previous month, according to ADP Research...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial...