Hong Kong stocks added 35 points or 0.15% in early trade on Tuesday, hovering near 23,312 after a sharp drop in the previous session.
Investors reacted to fresh data from China showing industrial profits rose 1.4% in the first four months of 2025, up from 0.8% in Q1, as Beijing ramped up efforts to support the sluggish economy and counter rising trade risks.
On the trade front, Hong Kong's exports jumped 14.7% in April, but imports rose a faster 15.8%, widening the trade gap.
Meanwhile, Fitch Ratings affirmed Hong Kong's long-term foreign currency issuer default rating at AA- with a stable outlook, citing strong credit fundamentals, sizable fiscal buffers, and solid external finances, despite some fiscal slippage.
In the U.S., markets were closed Monday for a holiday. Among early performers were Mixue Group (6.4%), Hansoh Pharma (3.9%), and Smoore Intl. (4.2%). On the downside, CK Asset Holdings fell 3.5%, Techtronic Inds. lost 2.1%, and Sands China slipped 1.3%.
Source: Trading Economi
The Hang Seng Index weakened 19 points, or nearly 0.1%, to close at 24,499 on Thursday (July 17th), declining for the second consecutive session due to continued profit-taking after the benchmark inde...
The Hong Kong stock market was little changed on Thursday morning deals, after closing slightly lower the day before. The Hang Seng hovered around 24,516 in a choppy session, with modest gains in prop...
The Hang Seng Index fell 72 points, or 0.3%, to close at 24,518 on Wednesday (July 16th), down from a four-month high reached earlier in the session as traders booked profits. The decline ended a four...
The Hang Seng Index opened higher today, rising 113 points or 0.46% to 24,704. The China Enterprises Index gained 49 points or 0.56% to 8,927, while the Tech Index climbed 48 points or 0.88% to 5,479....
The Hang Seng Index surged 387 points, or 1.6%, to close at 24,590 on Tuesday (July 15), rising for a fourth straight session and reaching its highest level in nearly four months. The index rebounded ...
The Hang Seng Index weakened 19 points, or nearly 0.1%, to close at 24,499 on Thursday (July 17th), declining for the second consecutive session due to continued profit-taking after the benchmark index hit a four-month high earlier in the...
The STOXX 50 rose 0.9% and the STOXX 600 gained 0.6% on Thursday, marking their first advances in six and five consecutive sessions, respectively, as investor attention shifted to corporate earnings. Chip stocks rebounded from sharp losses the...
The Nikkei 225 rose 0.6% to close at 39,901, while the broader Topix climbed 0.7% to 2,840 on Thursday, snapping early losses and rebounding from a slight dip in the previous session. The benchmark index hit its highest level in two weeks,...
US President Donald Trump has the authority to fire Federal Reserve Chairman Jerome Powell for good reason if there is evidence to support it, White...
President Donald Trump on Monday threatened to impose "secondary tariffs" on Russia's trade partners "at about 100%" if President Vladimir Putin...
President Donald Trump said the US would send more Patriot air defense batteries to Ukraine, apparently in a shift in stance toward Russia after its...
European stocks erased early gains and closed mostly lower on Tuesday as markets continued to assess how potential tariffs from the US may hurt...