Hong Kong shares sank to a two-week low on Friday, led by growth-sensitive counters with weak turnover magnifying uncertainty about the outcome of a crucial Communist Party policy meeting starting this weekend.Friday, 8 November, 2013, 6:18pm 1 comment
Hong Kong shares closed at their lowest in a week on Tuesday, with Chinese financials hurt by fears of more competition and the market roiled by hawkish comments from China’s premier.
The official Chinese media reported that a pilot program for privately-owned banks may start early next year.5 Nov 2013 - 5:47pm
Hong Kong and China shares gave up early gains on Monday, with the Chinese property sector weak after the southern city of Shenzhen was reported to be raising minimum down payment on second home purchases in an attempt to stem rising prices.4 Nov 2013 - 2:46pm
Hong Kong and China shares were tepid in morning trade on Friday, with the Chinese banking sector mildly buoyed by a pair of surveys showing solid manufacturing activity in the world’s second-largest economy.1 Nov 2013 - 4:59pm
Hong Kong and China shares fell from one-week highs by midday on Thursday, with the Chinese banking sector on the defensive following disappointing quarterly earnings from two of the “Big Four” lenders.31 Oct 2013 - 2:31pm
Hong Kong stocks closed 0.48 per cent higher on bargain-buying on Monday and following a positive lead from Wall Street.
The benchmark Hang Seng Index added 108.24 points to 22,806.58 on turnover of HK$48.10 billion (US$6.21 billion).
The modest rise came after the index fell nearly 800 points last week amid signs of stress in China’s financial system.28 Oct 2013 - 7:39pm
Hong Kong shares slipped on Thursday, led by the Chinese banking sector as early gains from resolution of the US debt crisis gave way to anxiety about China economic data due on Friday.
The Hang Seng Index finished down 0.6 per cent at 23,094.9 points. It had closed on Tuesday at its highest since September 23 and fell 0.5 per cent on Wednesday.17 Oct 2013 - 4:48pm
Hong Kong stocks fell 0.46 per cent Wednesday as nervous traders hope for a deal in Washington that will reopen the US government and avert a devastating debt default.
The benchmark Hang Seng Index eased 108.19 points to finish at 23,228.33 on turnover of HK$54.16 billion (US$6.99 billion).16 Oct 2013 - 8:13pm
Hong Kong stocks rose 0.51 per cent on Tuesday as US lawmakers inched closer to a deal to reopen the government and raising the country’s borrowing limit to head off a devastating debt default.
The benchmark Hang Seng Index added 118.20 points to finish at 23,336.52 on turnover of HK$57.73 billion (US$7.45 billion).15 Oct 2013 - 9:02pm
Asian shares and US stock index futures fell while the safe-haven yen rose on Monday as a possible US debt default crept closer after weekend talks in Washington failed – though markets appear still to expect that a last-minute compromise will be reached.14 Oct 2013 - 4:04pm
Hong Kong shares hit their highest close since September 23 and eked out their first weekly gain in three, buoyed by a strong mainland Chinese market and rising hopes that a US debt default can be averted.
The Hang Seng Index ended Friday up 1.2 per cent at 23,218.3 points. It rose 0.3 per cent on the week, its first gain since the week ended September 20.11 Oct 2013 - 6:20pm
Hong Kong shares tested their lowest in a month in early Thursday trade, with mainland China markets also weaker, as power producers fell following cuts to on-grid prices of thermal electricity that could hurt their margins.10 Oct 2013 - 2:55pm
Hong Kong shares slipped on Wednesday, led by Tencent as investors took profits on the outperforming technology sector while the impasse in Washington sapped confidence the US will avert a debt default.9 Oct 2013 - 6:05pm
Hong Kong shares rebounded on Tuesday, buoyed by a solid performance in China’s markets as investors cheered strong Golden Week holiday spending in the mainland’s property and retail sectors.8 Oct 2013 - 4:36pm
Hong Kong shares fell on Monday, led by Sun Hung Kai Properties on fears of weak demand after local media said the world’s second-largest real estate developer was offering cash discounts at a relaunched project.7 Oct 2013 - 4:57pm