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Hong Kong Stocks Rally On China Data

Friday, 15 September 2023 22:07 WIB | Hangseng

Hong Kong shares enjoyed a strong end to the week Friday as a forecast-busting set of China data boosted hopes the economy was starting to stabilise after a long malaise. The Hang Seng Index jumped 0.75 percent, or 134.97 points, to 18,182.89. However, the Shanghai Composite Index fell 0.28...

Hong Kong Stocks Rally On US Inflation Data

Thursday, 14 September 2023 22:03 WIB | Hangseng

Hong Kong stocks enjoyed a much-needed rally Thursday as traders cheered a mixed US inflation report that tempered worries about another possible Federal Reserve interest rate hike. The Hang Seng Index gained 0.21 percent, or 38.70 points, to 18,047.92. The Shanghai Composite Index edged up 0.11...

Hong Kong Stocks Extend Losses Ahead Of US Data

Wednesday, 13 September 2023 22:02 WIB | Hangseng

Hong Kong stocks extended losses to a sixth day Wednesday, tracking a retreat in New York and across Asia, ahead of a crucial US inflation report later in the day. The Hang Seng Index slipped 0.09 percent, or 16.67 points, to 18,009.22. The Shanghai Composite Index eased 0.45 percent, or 13.99...

Hong Kong Stocks Close Lower

Tuesday, 12 September 2023 22:05 WIB | Hangseng

Hong Kong shares closed in the red Tuesday, dragged by tech firms, as investors prepare for the release of US inflation data later in the day. The Hang Seng Index lost 0.39 percent, or 70.56 points, to 18,025.89. The Shanghai Composite Index dipped 0.18 percent, or 5.72 points, to 3,137.06,...

Hong Kong Stocks Start Week With Losses

Monday, 11 September 2023 22:04 WIB | Hangseng

Hong Kong stocks finished Monday in negative territory as traders turn their focus to the release of US inflation data later in the week. The Hang Seng Index slipped 0.58 percent, or 105.62 points, to 18,096.45. The Shanghai Composite Index rose 0.84 percent, or 26.06 points, to 3,142.78, while...

Hong Kong Stocks Finish Well Down

Thursday, 7 September 2023 21:59 WIB | Hangseng

Hong Kong tumbled Thursday in line with global markets after more forecast-beating US data added to worries the Federal Reserve will have to push interest rates even higher to combat inflation. The Hang Seng Index sank 1.34 percent, or 247.91 points, to 18,202.07. The Shanghai Composite Index...

Hong Kong Stocks Drop at Start of Trading

Thursday, 7 September 2023 15:18 WIB | Hangseng

Hong Kong opened lower Thursday as forecast-beating US data added to recent worries that the Federal Reserve could lift interest rates again. The Hang Seng Index dipped 0.07 percent, or 12.50 points, to 18,437.48. The Shanghai Composite Index lost 0.19 percent, or 5.87 points, to 3,152.20, while...

Hong Kong Stocks Close Flat

Wednesday, 6 September 2023 22:06 WIB | Hangseng

Hong Kong ended marginally lower Wednesday following losses on Wall Street fuelled by worries that a pick-up in oil prices could lift inflation and pressure the Federal Reserve to hike interest rates again. The Hang Seng Index inched down 6.93 points to 18,449.98. The Shanghai Composite Index...

Hong Kong Stocks Losses Build at The Open

Wednesday, 6 September 2023 15:28 WIB | Hangseng

Hong Kong shares opened lower Wednesday, extending the previous day's losses following a sell-off on Wall Street fuelled by a surge in oil prices that revived inflation worries. The Hang Seng Index dipped 0.28 percent, or 51.82 points, to 18,405.09. The Shanghai Composite Index shed 0.23...

Hong Kong Stocks Begin on Positive Note

Monday, 4 September 2023 15:17 WIB | Hangseng

Hong Kong stocks rallied at the open Monday after US jobs data eased pressure on the Federal Reserve to hike interest rates any further. The Hang Seng Index jumped 1.14 percent, or 210.47 points, to 18,592.53. The Shanghai Composite Index gained 0.41 percent, or 12.70 points, to 3,145.94, while...

Hong Kong Stocks Climb At Open

Wednesday, 30 August 2023 15:25 WIB | Hangseng

Hong Kong shares shot higher at the start of trade Wednesday following another strong day on Wall Street fuelled by data that eased concerns about another Federal Reserve interest rate hike. The Hang Seng Index jumped 0.95 percent, or 175.93 points, to 18,659.96. The Shanghai Composite Index...

Hong Kong Stocks Advance At Open

Tuesday, 29 August 2023 15:22 WIB | Hangseng

Hong Kong shares opened with fresh gains Tuesday, extending a global rally as investors await the release of key US inflation and jobs data later in the week. The Hang Seng Index rose 0.72 percent, or 130.95 points, to 18,261.69. The Shanghai Composite Index shed 0.22 percent, or 6.70 points, to...

Shanghai Stocks Boosted by Stamp Duty Cut

Monday, 28 August 2023 22:00 WIB | Hangseng

Markets in mainland China rose Monday after the government slashed the stamp duty on stock trades, though by the close they were well down from the massive early gains owing to lingering worries over the economy. The Shanghai Composite Index advanced 1.13 percent, or 34.56 points, to 3,098.64,...

Hong Kong Stocks End Week with Steep Loss

Friday, 25 August 2023 21:53 WIB | Hangseng

Hong Kong shares sank Friday with the rest of Asia as traders await a keep speech later in the day by Federal Reserve boss Jerome Powell, while US jobs data dented hopes the central bank will hold off any more interest rate hikes. The Hang Seng Index fell 1.40 percent, or 255.79 points, to...

Hong Kong Stocks Bounce on Tech Rally

Tuesday, 22 August 2023 22:02 WIB | Hangseng

Hong Kong shares rose Tuesday, snapping seven straight losses, thanks to a rally in tech giants and following a positive lead from Wall Street. The Hang Seng Index gained 0.95 percent, or 167.72 points, to 17,791.01. The Shanghai Composite Index added 0.88 percent, or 27.36 points, to 3,120.33,...

Hong Kong Stocks Begin Week on Back Foot

Monday, 21 August 2023 22:02 WIB | Hangseng

Hong Kong and Shanghai stocks suffered another round of selling Monday after China's central bank cut interest rates less than expected. The Hang Seng Index sank 1.82 percent, or 327.56 points, to 17,623.29. The Shanghai Composite Index dropped 1.24 percent, or 38.98 points, to 3,092.98, while...

Hong Kong stocks finish tough week with big loss

Friday, 18 August 2023 22:08 WIB | Market update

Growing fears about China's economy and the property sector crisis hammered Hong Kong stocks Friday, closing out another terrible week for a market also hit by talk of another Federal Reserve interest rate hike. The Hang Seng Index dived 2.05 percent, or 375.78 points, to 17,950.85. The Shanghai...

Hong Kong Stocks Extend Losing Streak at Open

Friday, 18 August 2023 15:21 WIB | Hangseng

Hong Kong stocks opened on the back foot Friday, extending their losing streak to a sixth successive day, fuelled by worries over China's economy and talk of another Federal Reserve interest rate hike. The Hang Seng Index fell 0.64 percent, or 117.65 points, to 18,208.88. The Shanghai Composite...

Hong Kong Stocks Start with Fresh Losses

Thursday, 17 August 2023 15:27 WIB | Hangseng

Hong Kong stocks tumbled at the open Thursday, extending losses to a fifth day following a sell-off on Wall Street as investors fret over the possibility the Federal Reserve will lift interest rates again this year. The Hang Seng Index sank 1.67 percent, or 306.19 points, to 18,023.11. The...

Hong Kong Stocks Open Lower on China Woes, US Rate Fears

Wednesday, 16 August 2023 15:34 WIB | Hangseng

Hong Kong stocks opened lower on Wednesday on concerns about the Chinese economy and a possible further rate hike by the Fed after stronger-than-expected US retail sales data. The Hang Seng Index fell 1.07 percent, or 199.33 points, to 18,381.78. The Shanghai Composite Index slipped 0.41...

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