SINGAPORE, Jun 27, 2022 – (ACN Newswire via SEAPRWire.com) – Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty and e-commerce ecosystem, today announces the launch of the beta version of its universal, open-loop loyalty application, Society Pass, to earn and redeem loyalty points, Society Points, endeavouring to create permanent customer loyalty and […]
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 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 […]
In Hong Kong, the COVID-19 pandemic continues to take a toll on people’s financial health as family members from low-income households are put out of work and forced to turn to part-time work and credit to make ends meet. This is according the Q1 2022 results of TransUnion’s quarterly Consumer Pulse Survey, which polled more […]
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 […]
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 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 […]
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 and mainland shares fell sharply on Thursday. The Hang Seng Index shed 1.3 percent, or 262 points, to close at 20,682. The Shanghai Composite Index lost 2.3 percent, or 71 points, to 3,079, while the Shenzhen Composite Index dropped 3.1 percent, or 61 points, to 1,923. (AFP)
Hong Kong shares plummeted on Tuesday, ending the first day of trade after a lengthy holiday hiatus in the red over China growth concerns and Beijing’s continuing regulatory restrictions on tech companies. The Hang Seng Index plunged 2.28 percent, or 490.32 points, to close at 21,027.76. The Shanghai Composite Index ended the day 0.05 percent, […]
Hong Kong stocks closed with modest gains on Tuesday, with all eyes on key US inflation data due later in the trading day. The Hang Seng Index was up 0.5 percent, or 110 points, to 21,319. The Shanghai Composite Index closed up by 1.5 percent, or 46 points, to 3,213, while the Shenzhen Composite Index […]
Hong Kong stocks closed down by more than three percent on Monday, as unease lingered over tightening monetary policy in the United States and the effects of a Covid-19 outbreak on the Chinese economy. The Hang Seng Index was down 3 percent, or 663 points, to 21,208. The Shanghai Composite Index dropped by 2.6 percent, […]
Hong Kong stocks closed Friday on the front foot thanks to a late rally as traders tracked a positive lead from Wall Street, though they remain concerned about the Federal Reserve’s plans for an aggressive campaign of monetary tightening. The Hang Seng Index added 0.3 percent, or 63 points, to 21,872. The Shanghai Composite Index […]
Hong Kong stocks ended with more hefty losses on Thursday after minutes from the Federal Reserve’s latest policy meeting indicated a more aggressive tightening of monetary policy to rein in inflation. The Hang Seng Index lost 1.2 percent, or 271 points, to 21,808. The Shanghai Composite Index fell 1.4 percent, or 46 points, to 3,236, […]
Hong Kong stocks closed Friday slightly higher thanks to a late rally after spending most of the day in negative territory, though traders remain on edge over the Ukraine war. The Hang Seng Index edged up 0.2 percent, or 42 points, to 22,039. The Shanghai Composite Index rose 0.9 percent, or 30 points, to 3,282, […]
Hong Kong stocks ended in negative territory on Thursday, with traders unable to extend the week’s rally, following a sell-off on Wall Street fuelled by unease over the Ukraine war. The Hang Seng Index fell 1.1 percent, or 235 points, to 21,996. The Shanghai Composite Index fell 0.4 percent, or 14 points, to 3,252, while […]
Hong Kong stocks ended with big gains on Monday as traders await Russia-Ukraine ceasefire talks, though Shanghai eked out only minimal gains after officials said they would put the city into a phased lockdown. The Hang Seng Index rose 1.3 percent, or 280 points, to 21,684. The Shanghai Composite Index edged up 0.1 percent, or […]
Hong Kong stocks closed sharply lower on Friday following a roller-coaster week, with tech firms leading losses despite a strong lead from Wall Street. The Hang Seng Index sank 2.5 percent, or 541 points, to 21,404. The Shanghai Composite Index dropped 1.2 percent, or 38 points, to 3,212, while the Shenzhen Composite Index shed 1.4 […]
Hong Kong stocks closed with more gains on Wednesday, in line with a rally across the world, as tech firms continued to enjoy a rebound after Beijing pledged support for markets. The Hang Seng Index ticked 1.2 percent, or 264 points, higher to 22,154. The Shanghai Composite Index rose 0.3 percent, or 11 points, to […]
