Hong Kong Stocks

Nearly 90% of the foreign investment inflows into Chinese equity markets in 2023 has been withdrawn as sentiment crumbles amid concerns over the country’s growth trajectory and the impact of losses from the real estate sector. Data gathered from Hong Kong Stock Connect and interpreted by the...

China is pulling out all the stops in response to the brewing storm within its real estate sector, aiming to prevent the cascading impact from reaching other sectors and economies. On a recent note, the world’s second-largest economy has issued a directive to prominent state-owned banks,...

To gain an edge, this is what you need to know today. Positive Sentiment Please click here for a chart of NVIDIA Corp (NASDAQ: NVDA). Note the following: There is positive sentiment in the stock market in the early trade for a number of reasons explained below. The Morning Capsule is...

Hong Kong shares opened in the green on Friday with the benchmark Hang Seng gaining 0.9% in morning trade taking cues from Wall Street which witnessed the much-awaited rebound the day before. Shares of Alibaba and JD.com rose close to 1% while Baidu shares gained close to 2%. Meituan stock shed...

Hong Kong stocks opened mixed on Thursday morning, taking cues from Wall Street where major indices closed in the red on Wednesday as investors and traders lost optimism regarding any possible year-end rebound and braced themselves for the new year. The benchmark Hang Seng lost over 1% in morning...

Hong Kong stocks opened mixed although the benchmark Hang Seng rose over 2% in morning trade as China has removed some of its COVID restrictions earlier than anticipated. Shares of Alibaba, Meituan and Tencent gained over 2% in morning trade. Hong Kong Stocks Today Stock Movement Alibaba...

Hong Kong stocks witnessed a sharp decline on Monday with the benchmark Hang Seng falling over 3% in morning trade as the unrest in China over Xi Jinping’s COVID-zero policies weighed on the market. Shares of Alibaba and JD.com lost close to 6% in morning trade while EV peers including Nio,...

On Monday, Hong Kong’s benchmark index Hang Seng fell below the 15,000 mark for the first time since April 2009 as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power. What Happened: "The Big Short" fame...

As Chinese President Xi Jinping gets re-elected for a historic third term and the Biden administration imposes sweeping tech restrictions on China, Patrick Chovanec, economic adviser at Silvercrest Asset Management, believes ‘asymmetry’ and not ‘reciprocity’ is the way to...

Hong Kong stocks traded mixed on Tuesday with the benchmark Hang Seng Index falling over 1% in morning trade as investors continued to flee mainland Chinese stocks following President Xi Jinping’s historic consolidation of power. At the time of writing, Hang Seng was trading below the 15,000...

Apple Inc. (NASDAQ: AAPL)-supplier Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) shares jumped over 5% in the Taiwan trading session after the company posted an 80% surge in its third-quarter net profit at NT$280.87 billion ($8.81 billion). This is the company’s strongest growth in two years...

Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally. Electric Vehicle stocks plunged with Xpeng, Li Auto and Nio falling over 4% in morning trade. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA...

Hong Kong’s Hang Seng index opened in the green on Friday, gaining 0.12% in opening trade, following a muted session on Wall Street. Investors also digested macro news from Japan where the headline inflation rose to 2.6% in July as compared to 2.4% in June. Hong Kong Stocks Today Stock...

Hong Kong’s Hang Seng index opened in the red on Thursday, losing 0.39% in morning trade, following a sluggish session on Wall Street on Wednesday. The U.S. Federal Reserve has indicated more rate hikes according to the minutes of its policy meeting. However, it did indicate the pace of the...

Hong Kong’s stock exchange is projected to post its fifth straight decline in quarterly profits as trading volumes slide and IPOs slow down, reported Bloomberg. The Hong Kong Exchanges & Clearing Ltd. (HKEX) is expected to report a 9% decline in net profit to HK$2.52 billion ($322...