HSI boosted by Fed, White House

Shares in Hong Kong posted healthy gains for a second day on Thursday, as the broader region mostly advanced after US President Joe Biden outlined his huge spending plan to Congress, and the Federal Reserve gave an upbeat outlook for the US economy while repeating its pledge to keep its accommodative monetary policy. The Hang […]

HSI rallies, earnings season in focus

2021-04-14 HKT 16:50″ title=”Local shares lead gains in the region on Wednesday. Image: Shutterstock”> Local shares lead gains in the region on Wednesday. Image: Shutterstock Investors moved past inflation and vaccine concerns in anticipation of the start of the earnings season on Wednesday, bringing healthy gains to many markets in the region. Locally, the Hang […]

US markets close higher on recovery hopes

2021-03-26 HKT 04:45″ title=”Wall Street ended higher after a last-minute rally. File photo: Shutterstock”> Wall Street ended higher after a last-minute rally. File photo: Shutterstock US stocks rose in a late-day rally on Thursday as investors bought stocks likely to do well in the recovery, while picking up beaten-down Apple and Tesla shares, in anticipation […]

Xiaomi leads local shares to positive finish

2021-03-16 HKT 16:41″ title=”Mainland tech giant Xiaomi helps lift the local blue-chip index higher again following news of its potential FTSE Russell re-inclusion. File photo: Shutterstock”> Mainland tech giant Xiaomi helps lift the local blue-chip index higher again following news of its potential FTSE Russell re-inclusion. File photo: Shutterstock Hong Kong and most regional stocks […]