Sth Share News Today

Local stocks jump as investors scooped by beaten-down Chinese developers as Beijing fans market hopes for a stronger dose of stimulus to rescue the property market.

In 1993, Tsingtao Brewery celebrated an unusual Hong Kong initial public offering and a gigantic step for the nation’s capital markets with glasses of beer.

Mainland developers recharge Hong Kong’s stock market rebound as Beijing takes another baby step to aid domestic home sales and delivery. Hedge funds bought back stocks last week, according to Goldman Sachs.

Stocks jump by the most in a week after China cut a key lending rate to rejuvenate the economy. The Fed paused its rate-hike spree, while signalling more increases may be necessary this year.

Traders have stepped up bets on US rate cuts soon after the Fed hinted at a pause in its policy tightening drive. Concerns are growing that US bank failures and recession will infect the global economy.

Stocks surrender an early rally as concerns about China’s recovery outlook overshadow hopes for a rebound in holiday spending. HSBC advances before its first-quarter report card later today.

Stocks struggle to extend Wednesday’s rebound as more companies prepare to report their first-quarter earnings. Some onshore fund managers lack confidence and worry about policy tightening, Goldman says.

The worst might be over, but we are not at the end of the tunnel just yet. Are we seeing a bumpy road upward? Wait until it’s about fundamental changes rather than a sentimental bounce, fund managers say.

EQS Post-admission Duties announcement: Haier Smart Home Co.,Ltd. / Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act] Haier Smart Home Co.,Ltd.: Announcement on the Change in Share Capital of H-Share 31.10.2022 / 17:00 CET/CEST Dissemina...

The new rules have made the Hong Kong mainboard more attractive to Chinese ADRs who are under pressure to delist in the US, industry experts said.