Hong Kong and Shanghai stocks finished lower on Tuesday with investors worried about the economic impact of a fresh Covid outbreak in China that has forced officials to lockdown millions to prevent its spread. The Hang Seng Index shed 0.36 percent, or 93.76 points, to 26,038.27. The Shanghai Composite Index slipped 0.34 percent, or 12.22 […]
Hong Kong stocks opened sharply lower on Wednesday morning after US officials banned China Telecom from operating in the country citing national security concerns, cranking up tensions between the economic superpowers. The Hang Seng Index fell 0.93 percent to 25,795. The Shanghai Composite Index slipped 0.22 percent to 3,590, while the Shenzhen Composite Index dropped […]
Hong Kong stocks ended flat on Monday following last week’s healthy gains, with traders keeping tabs on developments in China where authorities are battling another Covid outbreak. The Hang Seng Index inched up 5.10 points to 26,132.03. The Shanghai Composite Index rose 0.76 percent, or 27.26 points, to 3,609.86, while the Shenzhen Composite Index on […]
Hong Kong stocks opened higher on Tuesday following a record close on Wall Street while traders cheered US lawmakers’ progress on an agreement over President Joe Biden’s proposals to stimulate the economy. The Hang Seng Index added 0.4 percent to 26,234. The Shanghai Composite Index ticked up 0.1 percent to 3,612, while the Shenzhen Composite […]
Hong Kong stocks opened slightly lower on Monday morning following a healthy run-up last week, while traders are keeping a wary eye on a fresh Covid outbreak on the mainland. The Hang Seng Index slipped 0.4 percent to 26,020. The Shanghai Composite Index shed 0.2 percent to 3,574, while the Shenzhen Composite Index was marginally […]
Hong Kong stocks ended a positive week with more gains on Friday as traders were buoyed by reports that troubled developer China Evergrande had averted a default after paying interest on a bond just ahead of a weekend deadline. The Hang Seng Index rose 0.42 percent, or 109.40 points, to 26,126.93. Evergrande climbed 4.26 percent. […]
Hong Kong stocks shares fell on Thursday as teetering developer China Evergrande resumed trading after a 17-day suspension, announcing that a planned sale of its property services unit had fallen through and warning it would struggle to meet its debt obligations. The Hang Seng Index sank 0.45 percent, or 118.49 points, to 26,017.53. Evergrande ended […]
SINGAPORE, Oct 22, 2021 – (ACN Newswire via SEAPRWire.com) – AppsFlyer, the marketing measurement and experience platform, today released the 13th edition of its Performance Index, ranking the top media sources in mobile advertising. In its edition, AppsFlyer is pioneering the SKAN Index, a SKAdNetwork ranking that reflects the new reality of privacy generated by […]
Hong Kong shares rose in the first few minutes of trade Friday morning following a record lead from Wall Street while a report said troubled developer China Evergrande had paid the interest on an offshore bond a day before the deadline. The Hang Seng Index rose 0.37 percent, or 97.31 points, to 26,114.84. The Shanghai […]
Hong Kong stocks rose for a fourth straight day on Wednesday following another positive Wall Street lead, while sentiment was also buoyed by hopes that China’s recent crackdown on the country’s tech sector may be winding down. The Hang Seng Index rallied 1.35 percent, or 348.81 points, to 26,136.02. The Shanghai Composite Index eased 0.17 […]
Hong Kong shares fell at the opening on Thursday with China Evergrande plunging more than 10 percent as trading in the firm resumed following a three-week suspension with news that a deal to sell a property services unit had fallen through. The Hang Seng Index fell 0.28 percent, or 72.88 points, to 26,063.14. The Shanghai […]
Hong Kong stocks rallied more than 1 percent on Tuesday, extending a winning run to three days, on optimism over the corporate earnings season and as China’s recent regulatory overhaul shows signs of easing. The Hang Seng Index jumped 1.49 percent, or 377.46 points, to 25,787.21. The Shanghai Composite Index added 0.70 percent, or 25.02 […]
Hong Kong shares rallied more than one percent in the opening few minutes of trade on Wednesday, building on a three-day advance and following another healthy lead from Wall Street fuelled by more positive earnings reports. The Hang Seng Index climbed 1.11 percent to 26,074. The Shanghai Composite Index dipped 0.28 percent to 3,583, while […]
Hong Kong shares jumped more than one percent on Friday as investors returned after a break to play catch up with a global rally fuelled by a healthy start to the corporate earnings season. The Hang Seng Index climbed 1.5 percent, or 368 points, to 25,330. The Shanghai Composite Index rose 0.4 percent, or 14 […]
Hong Kong shares rose at the start of trade Friday morning as investors returned from two days off to play catch-up with a rally across world markets sparked by a positive start to the corporate earnings season. The Hang Seng Index climbed 0.90 percent to 25,187. The Shanghai Composite Index edged down 0.18 percent to […]
China’s annual factory gate prices rose more quickly than expected in September, driven by soaring raw material prices, piling pressure on businesses already grappling with energy curbs and supply bottlenecks. The producer price index (PPI) rose 10.7% from a year earlier in September, its fastest pace since the data began to be compiled in October […]
Hong Kong stocks closed with losses on Tuesday following three days of healthy gains and with investors growing worried about surging inflation and a global energy crunch. The Hang Seng Index dropped 1.43 percent, or 362 points, to 24,962. The Shanghai Composite Index slipped 1.25 percent, or 44 points, to 3,546, while the Shenzhen Composite […]
Hong Kong stocks finished with more healthy gains on Monday as tech firms were boosted by news that Chinese authorities had fined food delivery firm Meituan less than expected over monopolistic behaviour. The Hang Seng Index climbed 1.96 percent, or 487 points, to 25,325. The Shanghai Composite Index was flat, inching down 0.46 points to […]
Hong Kong shares started Tuesday on the back foot after three days of healthy gains while investors grow increasingly concerned about spiking inflation and a global energy crisis. The Hang Seng Index fell 1.3 percent to 24,996. The Shanghai Composite Index dipped 0.29 percent to 3,581, while the Shenzhen Composite Index shed 0.24 percent to […]
Hong Kong stocks extended gains after US lawmakers reached a deal to raise the debt ceiling and avoid a catastrophic default. The Hang Seng Index rose 0.55 percent, or 136 points, to 24,837. Shares in mainland China also rose on Friday as investors returned from a week-long break to catch up with a global rally. […]