Page 10 - Tech Index News Today

The Hang Seng Index declined 1.5 per cent to 17,961.46 as of 10.01am local time, trimming the weekly gain to about 3 per cent. The Tech Index dropped 2.3 per…

Stocks advance for a fifth day for the longest winning streak in three months. Optimism about China’s economic recovery and bets on another Fed rate pause are fanning appetite for riskier assets.

Stocks climb toward the highest level since September 29 as mainland Chinese funds are seen ploughing more cash into H shares, adding to their haul last quarter.

Stocks recover from near an 11-month low as the sell-off over the past five weeks is deemed excessive. Technical readings on JD.com, Alibaba and Galaxy Entertainment suggest a rebound may be imminent.

The city’s stock market gets jittery amid concerns about higher interest rates and a surge in US Treasury yields. The rally in troubled Chinese developer China Evergrande fizzles out.

Stocks are on the defensive after BlackRock strategists downgraded Chinese equities. Investors stay cautious before key rate decisions from the Federal Reserve and Hong Kong’s monetary authority.

Local stocks trade lower as investors shun banks and property developers before the Fed and HKMA deliver their policy decisions later this week. BYD and JD.com lead losses within their sectors.

Stocks lose more ground as reports show foreign investors are not convinced about a market turnaround soon, pressuring the yuan. Developers Evergrande and Country Garden continue to attract bad news.

Local stocks are set for the biggest gain in two weeks, lifted by China’s second reserve ratio cut this year. Reports show growth in retail sales and industrial production in August beat consensus forecasts.

Hong Kong rose by the most in two weeks after China’s central bank cut banks’ reserve requirement ratio for a second time to inject more liquidity into the…