|今日波幅||18,548.30 - 18,893.13|
|52 週波幅||14,597.31 - 22,700.85|
Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China's economic recovery, according to Hang Seng Qianhai Fund Management. The fund, the first Hong Kong capital-controlled mutual fund manager in mainland China, with assets under management of 20 billion yuan (US$2.8 billion), believes the city's benchmark Hang Seng Index is about to bottom out and sees current market sentiment as "too pessimistic." "The ec
Hong Kong stocks fell but avoided ending the day in bear-market territory after a government report showed manufacturing in China continues to contract, sparking renewed concerns over the nation's wobbly economic recovery. The Hang Seng Index finished down 1.9 per cent to 18,234.27 at the close of Wednesday trading after tumbling as much as 3 per cent during the day. The gauge has declined 19.6 per cent from a January 27 high, just shy of the 20 per cent threshold for bear-market status. The Tec
Hong Kong stocks edged higher in volatile trade as sentiment remained cautious while traders looked for signs of confidence in China's economy and awaited the fate of the US debt-ceiling deal in Congress this week. A gauge tracking Chinese shares briefly entered bear market. The Hang Seng Index climbed 0.2 per cent to 18,595.78 at the close of Tuesday trading, after sliding as much as 1.1 per cent earlier in the day and hitting a six-month low. The Tech Index added 1.5 per cent while the Shangha
Hong Kong stocks extended losses as investor sentiment was dampened by a fall in China's industrial profits, a reflection of weak economic conditions, which cast a shadow over the optimism which followed the tentative agreement to raise the US debt ceiling. The Hang Seng Index ended down 1 per cent at 18,551.11 at close of trade on Monday, hovering around six month lows and retreating from the day's highs which took the benchmark up by as much as 0.7 per cent. The Tech Index lost 1.2 per cent, a
US stocks hit a nine-month high on Friday, propelled by solid economic data and growing investor optimism that a deal on the US debt ceiling will land in the coming days. The S&P 500 closed 1.3 per cent higher, its highest level since mid-August, in a relatively broad rally in which investors scooped up stocks more sensitive to economic growth prospects and spurning traditionally defensive sectors such as utilities, healthcare and consumer staples. The benchmark index added 0.3 per cent in the week, notching its second straight week of gains.
US stocks fell on Tuesday as policymakers in Washington struggled to lock in a debt ceiling deal, with less than two weeks left until the government is due to default. Losses accelerated on Wall Street in the afternoon, as the blue-chip S&P 500 closed 1.1 per cent lower, pulled down by technology stocks. The tech-heavy Nasdaq Composite lost 1.3 per cent. In contrast, the KBW regional banking index advanced 0.9 per cent.
US stocks ended Monday on a muted note, with tech shares inching higher, as investors kept a close eye on US debt ceiling negotiations ahead of a meeting between president Joe Biden and House speaker Kevin McCarthy later in the day. Both indices had fallen in the previous session, after US policymakers paused negotiations over the debt ceiling deal — raising concerns that they will fail to reach a compromise ahead of the early-June deadline and trigger an unprecedented default. Biden and McCarthy discussed the debt ceiling issue over the phone on Sunday.
Wall Street stocks fell as US policymakers paused negotiations over the debt ceiling deal and nerves over the health of the US regional banking sector returned. Investors on Friday bought short-dated US Treasuries and lowered their expectations that the Federal Reserve would raise interest rates in June after chair Jay Powell warned tighter credit conditions — the result of the turmoil at US banks — may mean the Fed will not have to raise interest rates as high to reach their 2 per cent inflation target. The benchmark S&P 500 closed 0.1 per cent lower on Friday, but gained 1.7 per cent in the week.
Hong Kong stocks gained as investors anticipated more supportive government policy in the wake of weak economic data from China. Alibaba rose before its earnings release. The Hang Seng Index gained 0.9 per cent to 19,727.25 at the close of trade on Thursday. The Tech Index added 1.2 per cent, and the Shanghai Composite Index slipped 0.1 per cent. Alibaba rose 3.1 per cent to HK$88.10, with its earnings report due later on Thursday. Baidu advanced 1.4 per cent to HK$125.50, and NetEase gained 3.4
Hong Kong stocks fell to a 12-week low as investors wait for stronger signals of economic recovery from China and more quarterly earnings report cards from tech giants. The Hang Seng Index slipped 2.1 per cent to 19,560.57 at the close of trading on Wednesday, its lowest point since March 21. The Tech Index sank 2.2 per cent and the Shanghai Composite Index fell 0.4 per cent. Property developer Longfor plunged 7.1 per cent to HK$18.62, while peer Country Garden dropped 5.3 per cent to HK$1.62. D
Hong Kong stocks fluctuated amid disappointing China economic data as investors worry the nation's post-Covid recovery is failing to gather steam. The Hang Seng Index fell as much as 1.4 per cent before recovering to close little changed at 19,978.25 on Tuesday. The Tech Index added 0.8 per cent and the Shanghai Composite Index slipped 0.5 per cent. Consumer brands led losses. Sportswear company Li Ning fell 2.3 per cent to HK$50.30, while its peer Anta Sports retreated 1.2 per cent to HK$91. Je
Hong Kong stocks rose on a rally in tech stocks as investors anticipated strong net profits from Tencent and Alibaba in their quarterly earnings releases. Banks and insurers gained, following onshore peers that have benefitted from government initiatives to boost the valuation of state-owned enterprises (SOEs). The Hang Seng Index gained 1.8 per cent to 19,971.13 at the close on Monday, recovering from earlier losses. The Tech Index rose 1.3 per cent and the Shanghai Composite Index added 1.6 pe
Hong Kong stocks fell for a third day in a row after inflation in mainland China cooled more than expected last month, indicating the economic recovery remains sluggish. SMIC and Hua Hong Semiconductors rose before their results. The Hang Seng Index lost 0.1 per cent to 19,743.79 at the close of trading on Thursday, erasing gains of as much as 0.5 per cent earlier. The Tech Index gained 1.3 per cent, while the Shanghai Composite Index dropped 0.3 per cent. Tencent Holdings dropped 1 per cent to
Hong Kong stocks retreated as investors waited on the sidelines ahead of US inflation data, with the US debt-ceiling impasse further souring sentiment. Longfor Group led the decline in property developers while a rally in state-owned firms lost traction. The Hang Seng Index fell 0.7 per cent to 19,723.86 at the noon trading break, following the 2.1 per cent pullback on Tuesday. The Tech Index retreated 0.5 per cent, while the Shanghai Composite tumbled 1.4 per cent. A gauge tracking US-listed Ch
Hong Kong's Exchange Fund, the war chest used to defend the local currency, continued its comeback in the first quarter, posting a return of HK$97.9 billion (US$12.5 billion) on the back of rising stock markets after the city and mainland China reopened their borders. It is the fourth best quarterly result since the authorities began reporting them in 2003, the best since the second quarter of 2020, which came in at HK$121.6 billion, and a turnaround from a loss of HK$48.8 billion in the same pe
Hong Kong stocks advanced, set for the biggest weekly gain since March, as traders stepped up bets on interest-rate cuts amid growing concerns about US bank failures and recession risks. The Hang Seng Index rose 0.6 per cent to 20,076.91 at the local noon trading break. This week's winnng of almost 1 per cent is the most since a 2.4 per cent gain since the March 31 week. The Tech Index jumped 1.6 per cent while the Shanghai Composite Index declined 0.7 per cent. Baidu surged 4.7 per cent to HK$1
Hong Kong stocks erased losses after HSBC surged on the back of a stellar set of earnings. The broader market struggled after a surprise slump in manufacturing in mainland China reignited concerns about an uneven post-pandemic recovery. The Hang Seng Index gained 0.5 per cent to 20,000 at 3.16pm local time, after falling as much as 0.7 per cent. The benchmark index fell 2.5 per cent in April. The Tech Index was also little changed, following a 9.4 per cent loss last month. Markets in mainland Ch
Stocks rose in Hong Kong for a third day, after a surge in earnings from some of China's biggest companies bolstered confidence in the nation's economic recovery outlook. Ping An Insurance and chip maker SMIC led the charge. The Hang Seng Index gained 0.3 per cent to 19,894.57 at the close of Friday trading, after jumping as much as 1.7 per cent to climb above 20,000 level. The Tech Index advanced 1 per cent while the Shanghai Composite Index added 1.1 per cent. Ping An appreciated 0.9 per cent
Hong Kong stocks climbed for a second day as earnings reports fuelled optimism even as some funds worried about China's economic outlook. Liquor distiller ZJLD Group sank as much as 18 per cent on its debut after completing a US$680 million stock offering. The Hang Seng Index closed 0.4 per cent higher at 19,813.38 in Thursday trading, clawing its way up from a four-week low. The Tech Index pared losses to 0.3 per cent while the Shanghai Composite Index gained 0.7 per cent. AIA Group climbed 1.6
Hong Kong stocks fell to the lowest level in four weeks, led by tech leaders including Alibaba Group Holding, as some investors cautioned valuations may have risen well ahead of earnings and economic recovery in mainland China. The Hang Seng Index slumped 1.6 per cent to 19,635.85 at the noon break, a level not seen since March 28. The Tech Index sank 3.5 per cent, while the Shanghai Composite Index retreated 0.35 per cent. Alibaba tumbled 3.3 per cent to HK$84.05 while Tencent Holdings slipped
Hong Kong stocks rose, snapping a two-day decline, as investment banks including JPMorgan Chase raised their China growth forecasts following a stronger than expected expansion last quarter. Xpeng and BYD tumbled after Tesla cut prices and aimed to boost sales volume. The Hang Seng Index added 0.1 per cent to 20,396.97 at closing of Thursday trading. The Tech Index dropped 0.1 per cent while the Shanghai Composite Index declined 0.3 per cent. Casino operator Sands China gained 4 per cent to HK$2