Hang Seng Index

Chinese stocks experienced a sharp selloff on Wednesday, continuing a volatile trend across Asia-Pacific markets. The Hang Seng Index (HSI) in Hong Kong dropped 1.39% to 20,635.11, following Tuesday’s devastating 9.41% plunge—its worst single-day loss since the 2008 financial crisis. What...

Amid efforts to expand the Hang Seng Index, Hong Kong’s stock benchmark, Prada (OTC:PRDSY), XPeng (NYSE:XPEV), and BeiGene (NASDAQ:BGNE) are anticipated to be included. The potential addition of foreign companies may signal a significant shift in the global market and boost the city’s...

While China’s ailing stock markets have regained some ground in the past couple of sessions, thanks to pledges and rhetoric that market losses will be addressed, there are more fundamental risks at play that equities could continue their downward spiral throughout 2024. Primary among these is...

Mainland China stocks slumped again on Friday, with the Shanghai Composite having its worst week in five years, while the CSI 300 index slumped to a five-year low. Shares listed on Hong Kong’s blue-chip index fared a little better, but were still down on the week, with the Hang Seng falling 2...

Key Takeaways: Beijing is rolling out a host of measures to boost economic growth and support sagging stock markets. The policies helped Hong Kong’s Hang Seng jump 4.2% last week, breaking a January losing streak Under a new policy, market valuation will become a performance metric for...

Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets. Investors also focused on bank earnings next week which they expect to be lower due to tightening margins. China’s Central Bank pumped a record stimulus into the...

Shares of bank stocks lifted Hong Kong markets Thursday as China’s sovereign fund went on a bank buying spree. State-owned fund Central Huijin Investment Ltd. snapped up $65.7 million in Bank of China Ltd. (OTC: BACHY), China Construction Bank Corp (OTC: CICHY), Agricultural Bank of China Ltd...

This year marks the year of the big China stock sell-off: both the Hang Seng Index and China’s Shanghai Composite Index are well in the red. The iShares China Large Cap ETF (ARCA: FXI) is off 8% so far in 2023. Hang Seng Indexes has made an index of the 50 companies with stellar dividend...

Chinese real estate developers are having some of their worst 12-month periods on record this year, defaulting on billions of debt as they face the new reality of much slower home sales in mainland China. China’s non-financial debt-to-GDP that comprises in large part retail borrowing on...

Hong Kong stocks ended a quiet week in the green as speculators bet that government easing measures in China would come into place to stimulate the local economy. The Hang Seng Index finished the day’s trading 1.6% higher at 17,485.98. China’s stock markets and banks were closed this...

Positive economic data for China growth and the approved restructuring of a major property developer lifted stocks in Hong Kong Thursday in the mid-morning session, although most failed to hold onto the gains in the afternoon. Hang Seng Index was flat by end of the trading day, just 10 basis points...

Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang Seng Index finished Wednesday 0.8% down at 17,195.84. The South China Morning Post reported that...

Data from the Chinese mainland showed that the domestic mainland economy went back into manufacturing expansion in September for the first time in six months as markets in Hong Kong and China were closed Monday.   Latest China Economic Data The purchasing manufacturers index (PMI) jumped last...

Initial Public Offerings (IPOs) presented a tentative counter-punch to the heavy selling this week in Hong Kong prompted by a rout among property and consumer stocks. Six companies listed on the Hang Seng Index, with Tencent Holdings Limited (OTC: TCEHY)-backed Tuhu Car Inc. and AI giant Beijing...

After a long hiatus in the dumps, Alibaba Group Holding Limited (NYSE: BABA) is coming back in view of some investors’ radars on the back of recent earnings announcements anddeals to further fortify its balance sheet. While the company remains over 50% below its 5 year-ago valuation, with a P...