China’s blue-chip CSI300 index is up about 20% from April lows, after losses of more than 10% in the first quarter. Foreign investors bought a net 74.6 billion yuan ($11 billion) worth of China-listed shares in June so far. Shares in e-commerce giant Alibaba (9988. HK) have rallied 60% from a record low in March. … Read more
Hong Kong shares slipped on Thursday as a warning approximately the energy of the Chinese economy via Premier Li Keqiang overshadowed mins indicating a much less hawkish Federal Reserve. The Hang Seng Index eased 0.27 percent, or 55.07 points, to 20,116.20. The Shanghai Composite Index gained 0.50 percent, or 15.64 points, to 3,123.11, while the Shenzhen Composite … Read more
Hong Kong stocks finished barely higher Wednesday after three days of losses though traders remain on the side approximately the outlook for the worldwide economy as inflation surges and hobby prices are hiked. The Hang Seng Index gained 0.29 percent, or 59.17 points, to 20,171.27. The Shanghai Composite Index introduced 1.19 percent, or 36.54 factors, to a … Read more
Hong Kong stocks closed lower on Monday, dragged down by using falls in tech titans together with Alibaba and Tencent. The Hang Seng Index fell 1.19 percent, or 247.18 factors, to 20,470.06. The Shanghai Composite Index ended flat, adding just 0.29 points to 3,146.86, while the mainland’s second exchange, the Shenzhen Composite Index, rose 0.56 … Read more
Hong Kong stocks closed better on Friday, with marketplace sentiment boosted by using China’s choice to decrease a key benchmark rate. The Hang Seng Index rose 2.96 percent, or 596.56 factors, to 20,717.24. Both the mainland’s indexes additionally closed higher — the Shanghai Composite Index jumped 1.60 percent, or 49.60 factors, to three,146.57, at the … Read more
