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Stocks Blog: Hang Seng breaks two-day losing streak, with banks and property stocks rising on rate cuts

  • Shanghai declines for third straight day
  • Real estate developer Xinhu Zhongbao surges to the 10 per cent daily

Topic |   Stocks Blog
PetroChina said its quarterly profit fell 58 per cent. Above, a worker checks PetroChina pipelines in Sichuan province. Photo: Reuters
INTRODUCTION

Good day, traders -- 

The Hang Seng snapped a two-day losing streak, while the Shanghai Composite Index extended losses into a third day.

Catch up on the action below.

And if you would like to receive the Live Stocks Blog each morning via email, shoot Deb an email at
[email protected]
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-- Daniel Ren in Shanghai and Deb Price in Hong Kong