Hong Kong equities closed higher on Friday, with market sentiment boosted by China’s decision to lower a key benchmark rate. The Hang Seng Index rose 2.96 percent, or 596.56 points, to 20,717.24. Both the mainland’s indexes also closed higher. The Shanghai Composite Index jumped 1.60 percent, or 49.60 points, to 3,146.57, while the Shenzhen Composite […]
Hong Kong stocks opened higher on Friday despite Wall Street suffering a battering over recession fears. The Hang Seng rose 1.74 percent to 20,471. The Shanghai Composite Index increased 0.33 percent to 3,107, while the mainland’s second exchange, the Shenzhen Composite Index, rose 0.52 percent to 1,963. (AFP)
Hong Kong stocks closed slightly higher on Wednesday, after a day of wavering on the index following a rally on Wall Street. The Hang Seng rose 0.20 percent, or 41.76 points, to 20,644.28. The Shanghai Composite Index dropped 0.25 percent, or 7.72 points, to 3,085.98, while the mainland’s second exchange, the Shenzhen Composite Index, rose […]
Hong Kong equities opened sharply lower on Thursday, after Wall Street took a battering the day before. The Hang Seng Index dipped 2.71 percent to 20,085. The Shanghai Composite Index opened down 0.96 percent to 3,056, and the mainland’s second exchange, the Shenzhen Composite Index, saw a dip of 0.91 percent, to 1,924. (AFP)
Hong Kong stocks opened higher on Tuesday despite Wall Street stocks finishing mostly down on weak Chinese economic data. The Hang Seng Index rose 1.29 percent, or 256.60 points, to 20,206.81. The Shanghai Composite Index opened down 0.09 percent, or 2.69 points, at 3,071.06, while the mainland’s second exchange, the Shenzhen Composite Index, sank 0.41 […]
HONG KONG, May 13, 2022 – (ACN Newswire via SEAPRWire.com) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, and together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 (“the Reporting Period”). The Group’s revenue increased by 10.1% […]
Hong Kong stocks opened lower on Thursday after drops on Wall Street on renewed fears of surging inflation. The Hang Seng Index tumbled 1.35 percent to 19,567. The mainland’s Shanghai Composite Index dropped 0.45 percent to 3,045, while the Shenzhen Composite Index dropped 0.64 percent to 1,906. (AFP)
Hong Kong equities opened slightly lower on Wednesday, steadying after losses from Wall Street’s rout on fears of economic risks from surging inflation. The Hang Seng Index dipped 0.62 percent at open to 19,512. The Shanghai Composite Index rose 0.32 percent to 3048, while the Shenzhen Composite Index on China’s second exchange rose 0.61 percent […]
Hong Kong stocks opened lower Tuesday following a rout on Wall Street as anxieties spread on rising US interest rates and surging inflation. The Hang Seng Index dropped 3.92 percent, or 783.46 points, to 19,218. The Shanghai Composite Index fell 1.28 percent, or 38.36 points, to 2965.78, while the Shenzhen Composite Index on China’s second […]
Hong Kong stocks plunged on Friday, in line with a global sell-off fuelled by worries over rising interest rates and surging inflation, with traders also concerned about China’s Covid lockdowns. The Hang Seng Index fell 3.8 percent, or 791 points, to 20,001. The Shanghai Composite Index dipped 2.2 percent, or 66 points, to 3,001, and […]
Hong Kong stocks tumbled at the open on Friday, following significant losses overnight on Wall Street fuelled by worries over rising interest rates and surging inflation. The Hang Seng Index dipped 2.4 percent to 20,287. The Shanghai Composite Index fell 1.8 percent to 3,011, while the Shenzhen Composite Index dropped 2.4 percent to 1,845. (AFP)
Tech firms led a four percent rally in Hong Kong stocks on Friday after a report indicated mainland officials plan to ease their overhaul of the sector. The Hang Seng Index rose 813 points to 21,089. The Shanghai Composite Index rose 2.4 percent, or 71 points, to 3,047, and the Shenzhen Composite Index gained 3.9 […]
Hong Kong shares closed with strong gains on Thursday, in line with an advance across Asia following a positive lead from New York as traders welcomed leaders’ pledges to provide support to the stuttering economy. The Hang Seng Index rose 1.7 percent, or 329 points, to 20,276. The Shanghai Composite Index rose 0.6 percent, or […]
Hong Kong stocks barely moved at the open of trade on Friday as traders struggled to track a strong rally on Wall Street, with tech firms in the spotlight after Apple and Amazon reported below-forecast earnings. The Hang Seng Index inched down to 20,271. The Shanghai Composite Index rose 0.36 percent to 2,986, while the […]
Hong Kong stocks opened with gains on Thursday following a broadly positive lead from Wall Street and Europe and after Chinese officials made further commitments to provide support to the country’s economy. The Hang Seng Index rose 0.9 percent to 20,118. But the Shanghai Composite Index dipped 0.4 percent to 2,945, while the Shenzhen Composite […]
Hong Kong stocks ended slightly higher on Wednesday while Shanghai rallied after President Xi Jinping called for a new infrastructure building drive, though traders remain concerned about a Covid outbreak and lockdowns on the mainland. The Hang Seng Index added 0.1 percent, or 11 points, to 19,946. The Shanghai Composite Index rose 2.5 percent, or […]
Hong Kong stocks fell at the open on Wednesday trade following a rout on Wall Street fuelled by fears about the economic outlook owing to a range of problems including China’s Covid lockdowns and US interest rate hike plans. The Hang Seng Index shed 1.1 percent to 19,723. The Shanghai Composite Index lost 0.7 percent […]
Shares in Hong Kong and the mainland plunged on Monday on growing fears over the Chinese economy as a fast-spreading Covid outbreak forces lockdowns in major cities, while traders were also worried about an expected sharp hike in US interest rates. The Hang Seng Index plunged 3.7 percent, or 769 points, to 19,869. Dickie Wong, […]
Hong Kong stocks started Tuesday with small gains after suffering another hefty drop in the previous session, although traders remain on edge over the mainland’s worsening Covid-19 situation. The Hang Seng Index rose 0.60 percent to 19,989. The Shanghai Composite Index edged up 0.07 percent, to 2,930, while the Shenzhen Composite Index added 0.10 percent, […]
Hong Kong stocks opened on Monday morning sharply lower, in line with a sell-off across Asia and following a painful end to last week for Wall Street as traders prepare for a big interest rate hike by the Federal Reserve next month. The Hang Seng Index sank 1.71 percent to 20,285. The Shanghai Composite Index […]