• Mon
  • Nov 24, 2014
  • Updated: 1:22am

Stock Talk

Hong Kong shares slide 2.2pc on profit-taking, fund movement

Hong Kong shares suffered their worst day in nearly seven weeks on Tuesday as investors took profits on Chinese energy and power counters and funds broadly moved out of Asian markets.

Tuesday, 20 August, 2013, 4:54pm

Hong Kong shares end down for third straight session

Hong Kong shares ended lower for the third straight session on Monday, with investors awaiting further direction from mainland markets and ahead of major corporate earnings later this month.

The Hang Seng Index ended down 0.2 per cent at 22,463.7 points, while the China Enterprises Index of the top Chinese listings in Hong Kong edged down 0.2 per cent on the day.

19 Aug 2013 - 5:39pm

Hong Kong shares end down 0.1pc, but have best week in nine months

Hong Kong shares, after tracking on Friday’s roller-coaster ride for mainland Chinese markets, ended the day on a tepid note, but they still had their best week of the year.

The Hang Seng Index ended down 0.1 per cent at 22,517.8 points, but gained 3.3 per cent this week - its best weekly showing since the week that ended November 23, 2012.

16 Aug 2013 - 4:35pm

Hong Kong shares end flat, Li & Fung in biggest gain in 4½ years

Hong Kong shares ended flat on Thursday, as weakness in the local property sector offset an 11.6 per cent surge for Li & Fung as investors covered short bets on hopes that the worst is over for the exporter.

15 Aug 2013 - 5:35pm

China stocks down 0.29pc, HK markets closed by Typhoon Utor

Chinese shares closed down 0.29 per cent on Wednesday, reversing earlier gains, as worries resurfaced over the domestic economy, dealers said.

The benchmark Shanghai Composite Index fell 6.02 points to 2,100.14 on turnover of 95.8 billion yuan (HK$120.4 billion).

Trading on the Hong Kong stock exchange was suspended for the day following disruption caused by Typhoon Utor.

14 Aug 2013 - 4:41pm

Hong Kong shares close up 1.2pc, H-shares extend strong rebound

Hong Kong shares closed at an 11-week high in fairly robust trade on Tuesday, with mid-sized Chinese lenders leading gains among battered cyclicals as investors covered short bets ahead of more corporate earnings.

13 Aug 2013 - 4:19pm

Hong Kong shares up 2.1pc on solid China economic data

Hong Kong shares posted strong gains on Monday, as coal and cement led advances for Chinese cyclicals with investors cutting bearish bets after the release of more solid economic data on the world’s second-largest economy late last week.

The Hang Seng Index ended up 2.1 per cent at 22,271.3 points in its biggest daily gain since July 23.

12 Aug 2013 - 4:14pm

Hong Kong shares rise, solid factory output data lifts China

Hong Kong shares ended up on Friday helped by Chinese coal companies on hopes of rising physical prices and solid China data for fixed asset investment and factory output, but the market endured its worst week in nearly two months.

 

10 Aug 2013 - 5:29am

Hong Kong shares rise after China trade data, Chong Hing Bank jumps

Hong Kong shares ended higher on Thursday after two straight days of losses as investors regained confidence following stronger-than-expected China trade data, with the focus now turning to inflation due on Friday. <p>

8 Aug 2013 - 5:00pm

Hong Kong shares end 1.53pc lower

Hong Kong shares closed 1.53 percent lower on Wednesday, tracking a broad selloff across Asia after indications of a likely pullback of the US stimulus programme.

The benchmark Hang Seng Index lost 334.86 points to 21,588.84 on turnover of HK$51.78 billion (US$6.68 billion).

7 Aug 2013 - 9:27pm

Hong Kong shares close down 1.3pc, HSBC dives on earnings

Hong Kong shares suffered their heaviest daily loss in a month on Tuesday, pulled down by a 5 per cent tumble for index heavyweight HSBC after its first half earnings disappointed investors.

The Hang Seng Index closed down 1.3 per cent at 21,923.7 points in its biggest daily loss since July 8. The China Enterprises Index of the leading Chinese listings in Hong Kong shed 0.8 per cent.

6 Aug 2013 - 4:54pm

Hong Kong shares close up 0.1pc, HSBC firmer ahead of earnings

Hong Kong shares eked out gains in weak Monday trade, helped by Europe’s largest bank HSBC, which hit an 11-week high ahead of releasing interim earnings after the market’s close.

The Hang Seng Index closed up 0.1 per cent at 22,222.01 points. The China Enterprises Index of the leading Chinese listings in Hong Kong eased 0.09 per cent.

5 Aug 2013 - 4:20pm

Hong Kong shares end 0.46pc higher

Hong Kong shares rose 0.46 per cent on Friday following a record-breaking close on Wall Street as dealers welcomed upbeat manufacturing data around the world.

The benchmark Hang Seng Index added 102.18 points to 22,190.97 on turnover of HK$49.09 billion (US$6.33 billion).

2 Aug 2013 - 9:25pm

Hong Kong shares end up 0.9 per cent in best day in over a week

Hong Kong shares posted their strongest gain in more than a week on Thursday, with Chinese cyclicals lifted by better-than-expected official manufacturing data and the central bank’s second cash injection this week.

1 Aug 2013 - 4:24pm

Hong Kong shares close down 0.3pc, but post best month in 10

Hong Kong shares ended their best month in 10 on a whimper on Wednesday, as weakness in Tencent offset a strong mainland property sector after China’s politburo appeared to affirm greater official tolerance for home price increases.

1 Aug 2013 - 4:24pm