Azar Zaidi

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Stocks Blog: Coming weekend critical to markets, analysts says as Hang Seng hits one-month low

The Hang Seng Index hit a one-month low at the close on Friday, ending the day at 25,821. Utilities, local property developers and financial services providers proved to be the biggest drag on the benchmark.

4 Oct 2019 - 4:42PM

The Hang Seng Index hit a one-month low at the close on Friday, ending the day at 25,821. Utilities, local property developers and financial services providers proved to be the biggest drag on the benchmark.

Stocks Blog: Coming weekend critical to markets, analysts says as Hang Seng hits one-month low
Stocks Blog: Hang Seng Index closes higher amid face mask ban talk

Rebounding MTR shares, mainland Chinese health care and consumer stocks, as well as the Macau casinos lifted the Hang Seng Index into positive territory at the close on Thursday. The benchmark closed 0.3 per cent higher at 26,220.3.

3 Oct 2019 - 4:46PM

Rebounding MTR shares, mainland Chinese health care and consumer stocks, as well as the Macau casinos lifted the Hang Seng Index into positive territory at the close on Thursday. The benchmark closed 0.3 per cent higher at 26,220.3.

Stocks Blog: Hang Seng Index closes higher amid face mask ban talk
Stocks Blog: Weighed down by Tencent, MTR, Hang Seng closes 0.2 per cent lower after lacklustre day of trading

Retailers, financial services providers and utilities were among the biggest losers, while Macau casinos and mainland Chinese telecom services providers were among the biggest gainers. Hong Kong property developers, meanwhile, managed to close above water

2 Oct 2019 - 4:47PM

Retailers, financial services providers and utilities were among the biggest losers, while Macau casinos and mainland Chinese telecom services providers were among the biggest gainers. Hong Kong property developers, meanwhile, managed to close above water

Stocks Blog: Weighed down by Tencent, MTR, Hang Seng closes 0.2 per cent lower after lacklustre day of trading
Stocks Blog: Hang Seng edges up, most debuting Hong Kong, mainland China stocks rise

Budweiser Brewing Company APAC rises more than 4 per cent on its trading debut. The company’s CEO, Jan Craps, said Budweiser was very optimistic about the bright future of Hong Kong “as one of the most important financial centres in Asia”.

30 Sep 2019 - 4:54PM

Budweiser Brewing Company APAC rises more than 4 per cent on its trading debut. The company’s CEO, Jan Craps, said Budweiser was very optimistic about the bright future of Hong Kong “as one of the most important financial centres in Asia”.

Stocks Blog: Hang Seng edges up, most debuting Hong Kong, mainland China stocks rise
Stocks Blog: Hang Seng hits one-month low, mainland indices close lower

The Hang Seng Index closed 1.28 per cent lower at 25,945.35, while telecoms, electronics and equipment makers led declines on mainland Chinese indices.  

25 Sep 2019 - 4:28PM

The Hang Seng Index closed 1.28 per cent lower at 25,945.35, while telecoms, electronics and equipment makers led declines on mainland Chinese indices.  

Stocks Blog: Hang Seng hits one-month low, mainland indices close lower
Stocks blog: Consumer stocks such as Tsingtao Brewery lift markets in China, Hong Kong

The Shanghai Composite closed up 0.28 per cent at 2,823.82. Consumer stocks gave the gauge a lift, and were led by Tsingtao Brewery, which rose by the daily maximum of 10 per cent to its highest level since July 1.

16 Aug 2019 - 5:05PM

The Shanghai Composite closed up 0.28 per cent at 2,823.82. Consumer stocks gave the gauge a lift, and were led by Tsingtao Brewery, which rose by the daily maximum of 10 per cent to its highest level since July 1.

Stocks blog: Consumer stocks such as Tsingtao Brewery lift markets in China, Hong Kong
Stocks blog: Telecoms sector lifts Hong Kong, mainland China stocks into positive territory

Telecoms led bourses in Hong Kong and mainland China into positive territory on Thursday. China Unicom, the biggest gainer in the city, lifted the gauges on news it was in talks with other mobile carriers to cooperate on building a 5G network. The company is the world's third-largest mobile services provider.

15 Aug 2019 - 4:51PM

Telecoms led bourses in Hong Kong and mainland China into positive territory on Thursday. China Unicom, the biggest gainer in the city, lifted the gauges on news it was in talks with other mobile carriers to cooperate on building a 5G network. The company is the world's third-largest mobile services provider.

Stocks blog: Telecoms sector lifts Hong Kong, mainland China stocks into positive territory
Stocks blog: Hang Seng ekes out gains on ‘not very strong confidence’, China stocks edge up

Twenty of the Hang Seng's 50 constituent stocks ended higher compared with only one on Tuesday. The gains were led by Sunny Optical Technology Group, which rose on strong earnings.

14 Aug 2019 - 4:50PM

Twenty of the Hang Seng's 50 constituent stocks ended higher compared with only one on Tuesday. The gains were led by Sunny Optical Technology Group, which rose on strong earnings.

Stocks blog: Hang Seng ekes out gains on ‘not very strong confidence’, China stocks edge up
Stocks blog: Hang Seng Index drops to its lowest level since January 3

Share prices of several major firms on the Hong Kong exchange declined on Tuesday after posting weaker first-half earnings, including China Literature and Macau casino giant Galaxy Entertainment Group. 

13 Aug 2019 - 4:24PM

Share prices of several major firms on the Hong Kong exchange declined on Tuesday after posting weaker first-half earnings, including China Literature and Macau casino giant Galaxy Entertainment Group. 

Stocks blog: Hang Seng Index drops to its lowest level since January 3
Stocks Blog: Hang Seng ends lower amid Cathay decline, flight cancellations

The benchmark was dragged down by Swire Pacific, the Hang Seng’s worst performer on the day. The parent company of Hong Kong flag-carrier Cathay Pacific Airways shed more than 6 per cent to its lowest level since May 2018, after the airline dropped 4.85 per cent to its lowest level in 10 years.

12 Aug 2019 - 5:12PM

The benchmark was dragged down by Swire Pacific, the Hang Seng’s worst performer on the day. The parent company of Hong Kong flag-carrier Cathay Pacific Airways shed more than 6 per cent to its lowest level since May 2018, after the airline dropped 4.85 per cent to its lowest level in 10 years.

Stocks Blog: Hang Seng ends lower amid Cathay decline, flight cancellations
Stocks blog: Shanghai Composite posts biggest weekly loss in three months

Trade tensions have reappeared overnight, in US trading hours, and could determine the direction Asian equities take on Friday.

9 Aug 2019 - 4:25PM

Trade tensions have reappeared overnight, in US trading hours, and could determine the direction Asian equities take on Friday.

Stocks blog: Shanghai Composite posts biggest weekly loss in three months
Stocks blog: Chinese stocks end losing streak, Hong Kong shares rise for second day

The Shanghai Composite Index added 0.9 per cent to 2,794.55 at the close, snapping a six-day, 6.2 per cent losing streak that sent the gauge to a five-month low. In Hong Kong, the Hang Seng Index rose 0.5 per cent to 26,120.77 at the close on Thursday.

8 Aug 2019 - 4:29PM

The Shanghai Composite Index added 0.9 per cent to 2,794.55 at the close, snapping a six-day, 6.2 per cent losing streak that sent the gauge to a five-month low. In Hong Kong, the Hang Seng Index rose 0.5 per cent to 26,120.77 at the close on Thursday.

Stocks blog: Chinese stocks end losing streak, Hong Kong shares rise for second day
Stocks blog: Chinese stocks fall ahead of MSCI announcement, foreign trade data

The markets are braced for volatility, with Asian equities set for a mixed start on Wednesday. Hong Kong could be in line for more losses.

7 Aug 2019 - 4:32PM

The markets are braced for volatility, with Asian equities set for a mixed start on Wednesday. Hong Kong could be in line for more losses.

Stocks blog: Chinese stocks fall ahead of MSCI announcement, foreign trade data
Stocks Blog: China benchmarks drop amid US-China trade war concerns

The markets in Shanghai and Shenzhen reported losses in early afternoon trading amid thin turnover, as concerns about the US-China trade war continued to dominate sentiment.

13 May 2019 - 5:07PM

The markets in Shanghai and Shenzhen reported losses in early afternoon trading amid thin turnover, as concerns about the US-China trade war continued to dominate sentiment.

Stocks Blog: China benchmarks drop amid US-China trade war concerns
Stocks Blog: China stocks hit six-week high amid hopes of trade deal

Talks between Chinese Vice-Premier Liu He and US officials, including Robert Lighthizer, the country’s top negotiator, and Treasury Secretary Steven Mnuchin, will resume on Friday morning.

10 May 2019 - 5:12PM

Talks between Chinese Vice-Premier Liu He and US officials, including Robert Lighthizer, the country’s top negotiator, and Treasury Secretary Steven Mnuchin, will resume on Friday morning.

Stocks Blog:  China stocks hit six-week high amid hopes of trade deal
Stocks Blog: Chinese stocks fall to 11-week low as credit data weighs

In Hong Kong, the Hang Seng Index dropped 2.4 per cent to 28,311.07 at the close on Thursday, its lowest close since March 8. 

9 May 2019 - 4:51PM

In Hong Kong, the Hang Seng Index dropped 2.4 per cent to 28,311.07 at the close on Thursday, its lowest close since March 8. 

Stocks Blog: Chinese stocks fall to 11-week low as credit data weighs
Stock Blog: Trump tweets cost China stocks about US$1 trillion in market cap

Trump’s surprise tweets about raising tariffs on Chinese imports have added fuel to a sell-off in mainland China-traded equities.

8 May 2019 - 4:37PM

Trump’s surprise tweets about raising tariffs on Chinese imports have added fuel to a sell-off in mainland China-traded equities.

Stock Blog: Trump tweets cost China stocks about US$1 trillion in market cap
Stocks Blog: Consumer names lead rebound in Chinese stocks from biggest drop in three years

Investors are snapping up consumer stocks, which have limited exposure to overseas sales, amid signs the trade war between China and the US is flaring up again.

7 May 2019 - 5:06PM

Investors are snapping up consumer stocks, which have limited exposure to overseas sales, amid signs the trade war between China and the US is flaring up again.

Stocks Blog: Consumer names lead rebound in Chinese stocks from biggest drop in three years
Stocks Blog: Trump tweets lead to biggest daily loss in China stocks in three years

Donald Trump threatens to increase 10 per cent China tariffs to 25 per cent on Friday.

6 May 2019 - 5:29PM

Donald Trump threatens to increase 10 per cent China tariffs to 25 per cent on Friday.

Stocks Blog: Trump tweets lead to biggest daily loss in China stocks in three years