Hang Seng

The Hang Seng Index briefly crossed into bear market territory at one point on Wednesday, losing over 20% from its recent high following the U.S.’s escalation of tariffs on Chinese imports. Although the index pared some of the losses on Thursday with 2.1% gains after President Donald Trump...

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...

Stresses in China’s property market were underlined by data on Wednesday that showed new home prices in December endured their steepest monthly decline since February 2015. Prices of new homes measured across 70 large and medium-sized Chinese cities fell 0.4% month-on-month in December,...

Nearly 90% of the foreign investment inflows into Chinese equity markets in 2023 has been withdrawn as sentiment crumbles amid concerns over the country’s growth trajectory and the impact of losses from the real estate sector.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

Hong Kong stocks opened mixed on Wednesday, with the benchmark Hang Seng gaining over 1%, as investors and traders braced for the release of the minutes of the Federal Reserve meeting. Market participants are also awaiting the Job Openings and Labor Turnover Survey data from the U.S. Hong Kong...

Hong Kong stocks opened mixed on the first trading day of 2023, with the benchmark Hang Seng losing 0.36% in morning trade. The market seems to be taking into account the fact that China's factory activity narrowed at a faster pace in December dragged by rising COVID-19 infections. Hong Kong...

Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing 0.39%, after U.S. markets witnessed a sell-off overnight as worries of a recession reduced hopes for a "Santa Claus" rally. Japan’s core consumer inflation hit a 40-year high, ...

Hong Kong stocks soared in early morning trade on Thursday, with the benchmark Hang Seng rising over 2%, as investors and traders cheered U.S. consumer confidence data surging to an eight-month high in December following a drop in inflation and the labor market remaining strong. Twelve-month...

Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng trading 0.3% higher. The city’s Chief Executive John Lee is set to travel to Beijing from Dec. 21 to Dec. 24 as part of his annual visit to brief state leaders on Hong Kong’s economic, social and...

Hong Kong stocks opened in the red on Tuesday morning with the benchmark Hang Seng losing 0.93% in morning trade as mounting fears of a recession are overshadowing hopes of a "Santa Claus" rally, generally seen during the end of the year. EV peers fell with Nio and Xpeng...

Hong Kong stocks opened in the green on Monday, with the benchmark Hang Seng rising 0.5% in morning trade on the back of China’s top leaders commenting they will focus on boosting the economy next year. Alibaba shares rose over 2% in morning trade while Nio stock lost over 2%. Meituan shares...

Hong Kong stocks opened weaker on Friday, with the benchmark Hang Seng losing 1% on overnight cues from Wall Street. Fears over recession gained momentum after U.S. November retail sales recorded their steepest drop in close to a year, suggesting consumers are reining in spending around the...

Hong Kong stocks witnessed a sell-off on Thursday despite the Federal Reserve’s 50 basis points rate hike being on anticipated lines as central bank officials projected rate increases through next year with no cuts until 2024. The benchmark Hang Seng traded over 2% lower. Alibaba, Nio,...

Hong Kong stocks opened mixed on Wednesday, with the benchmark Hang Seng gaining 0.9% in opening trade after softer-than-expected consumer price inflation in the U.S. took major Wall Street indices higher. EV shares traded in the red, with Nio and Li Auto losing over 1...

Hong Kong stocks opened mixed on Tuesday as investors and traders await the crucial U.S. consumer price inflation data set to be released on Tuesday followed by the outcome of the Federal Reserve meeting on Wednesday. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd...