Source:
https://scmp.com/business/markets/article/3035655/stocks-blog-petrochinas-quarterly-profit-drops-58-cent-hong-kong Markets
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
PetroChina said its quarterly profit fell 58 per cent. Above, a worker checks PetroChina pipelines in Sichuan province. Photo: Reuters
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].
-- Daniel Ren in Shanghai and Deb Price in Hong Kong