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Hong Kong, China (AFP) — Hong Kong stocks rose Monday morning, building on last week’s gains fueled by easing trade tensions and positive sentiment on Wall Street. The Hang Seng index added 1.30 percent, or 361.21 points, to 28,225.42 in early trade. The benchmark Shanghai Composite Index opened 0.23 percent, or 6.87 points lower, at 2,998.17 on Monday. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.37 percent, or 6.26 points, to […]
HONG KONG, China (AFP)– Hong Kong stocks dipped at the start of trade Monday after a six-day rally that saw it pile on more than six percent, while investors are also gearing up for the corporate earnings season. The Hang Seng Index eased 0.40 percent, or 107.59 points, to 26,559.68. The benchmark Shanghai Composite Index inched down 0.50 points to 2,553.33 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was also […]
HONG KONG, China (AFP) — Hong Kong stocks fell again Thursday, extending the previous day’s losses as technology firms were hit by Apple’s decision to slash its revenue forecast for the December quarter citing slowing Chinese sales. The Hang Seng index slipped 0.26 percent, or 65.99 points, to close at 25,064.36. The benchmark Shanghai Composite Index was slightly lower, dipping 0.93 points to 2,464.36, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, […]
HONG KONG, China (AFP) — Asian markets sank Wednesday, starting the new year by extending a slide that made 2018 the worst in a decade, with investors jolted by data reinforcing weakness in China’s economy. With a number of potential banana skins dotting the next 12 months — including the China-US trade row and Brexit — dealers are keeping to the sidelines as they look for signs of stability. Hong Kong led the losses, tumbling […]
HONG KONG, China (AFP) — Asian markets mostly rose Thursday, with Hong Kong and Shanghai rallying on hopes for an easing of the China-US trade war, while energy firms also enjoyed a much-needed bounce as oil prices stabilised. The pound also held up after British Prime Minister Theresa May narrowly won support for her Brexit deal from cabinet members, though Apple suppliers faced renewed selling. Fears about the trade war, rising Federal Reserve interest rates, […]
HONG KONG, China (Eagle News) — Hong Kong and Shanghai stocks fell soon after the open on Tuesday, extending the previous day’s sell-off after Donald Trump said he will impose tariffs on another $200 billion of Chinese goods from next week. The Hang Seng Index lost 0.80 percent, or 215.13 points, to 26,717.72 in early trade. The benchmark Shanghai Composite Index lost 0.28 percent, or 7.49 points, to 2,644.30 and the Shenzhen Composite Index, which […]
HONG KONG, China (AFP) — Hong Kong stocks tumbled more than one percent in the first few minutes of trade Monday following reports that Donald Trump was preparing to impose tariffs on a further $200 billion of Chinese imports. The Hang Seng Index shed 1.24 percent, or 364.38 points, to 26,922.03 in early trade. The benchmark Shanghai Composite Index fell 0.51 percent, or 13.73 points, to 2,667.91, while the Shenzhen Composite Index, which tracks China’s […]
HONG KONG, China (AFP) — Hong Kong stocks opened lower on Tuesday, extending the previous day’s sell-off as investors continue to fret over the impact of Turkey’s economic crisis on the global economy. The Hang Seng Index fell 0.64 percent, or 179.23 points, to 27,757.34. The benchmark Shanghai Composite Index edged down 0.18 percent, or 5.13 points, to 2,780.74, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, slipped 0.15 percent, or […]
HONG KONG, China (AFP) — Hong Kong stocks finished a painful week on a positive note Friday but investors remain on edge about a possible trade war between China and the United States. The Hang Seng Index rose 0.15 percent, or 42.65 points, to close at 29,338.70, sinking 3.18 percent over the week. The benchmark Shanghai Composite Index gained 0.49 percent, or 13.95 points, to 2,889.76 but it lost 4.37 percent over the week. The […]
HONG KONG, China (AFP) — Hong Kong stocks started Monday with small losses following the weekend’s chaotic Group of Seven summit that showed deep divisions between the US and its allies, while dealers are looking ahead to Donald Trump’s meeting with Kim Jong Un. The Hang Seng Index dipped 0.16 percent, or 48.72 points, to 30,909.49. And the benchmark Shanghai Composite Index gave up 0.32 percent, or 9.81 points, to 3,057.34, while the Shenzhen Composite […]
HONG KONG, China (AFP) — Hong Kong stocks fell on Tuesday with traders spooked by plunging oil prices and a brewing political crisis in Italy, as they also look ahead to the release of key US jobs data later in the week. The Hang Seng Index sank 1.00 percent, or 307.68 points, to 30,484.58. The benchmark Shanghai Composite Index gave up 0.47 percent, or 14.62 points, to 3,120.46 and the Shenzhen Composite Index, which tracks […]
HONG KONG, China (AFP) — Hong Kong stocks ended the week with losses on lingering China-US trade worries with traders also fretting over Donald Trump’s decision to call off his summit with North Korea’s Kim Jong Un. The Hang Seng Index fell 0.56 percent, or 172.37 points, to 30,588.04. The benchmark Shanghai Composite Index slipped 0.42 percent, or 13.35 points, to 3,141.30 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped […]
