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Hong Kong Market falls 2%

Hong Kong stock market finished session steep lower on Friday, 30 April 2021, as risk aversion selloff triggered after official data showed Chinese factory activity growth slowed more than expected in April and on concerns China is escalating a crackdown on the nation s technology giants to rein in financial risks. At closing bell, the benchmark Hang Seng Index tumbled 1.97%, or 578.38 points, to 28,724.88, capping a weekly 1.2% decline and limiting this month s advance to 1.2%. The Hang Seng China Enterprises Index dropped 2.03%, or 224.63 points, to 11,049.88. China s financial-market regulators summoned 13 tech firms with online financial business for a meeting late Thursday evening, asking them to tighten anticompetitive measures in yet another signal to investors that an industry clampdown is ongoing and widening. The news came days after Beijing initiated an antitrust probe into food-delivery platform operator Meituan, and after it slapped a record US$2.8 billion fine on A

Hong kongHang seng china enterprises indexHang seng indexCapital marketஹாங் காங்செயலிழக்க செங் சீனா நிறுவனங்கள் குறியீட்டுசெயலிழக்க செங் குறியீட்டுமூலதனம் சந்தை

Hong Kong Market ends at six-week high

Hong Kong stock market finished session higher on Thursday, 29 April 2021, extending gains from the previous session, on following a dovish outlook from the Federal Reserve and as the U. S. president outlined a fresh $1.8 trillion stimulus plan. At closing bell, the benchmark Hang Seng Index was up 0.8%, or 231.92 points, to 29,303.26, the highest level since March 18. The Hang Seng China Enterprises Index advanced 0.32%, or 35.19 points, to 11,049.88. President Joe Biden proposed his sweeping new plan in a speech to a joint session of Congress on Wednesday, including $1 trillion in spending on education and healthcare over 10 years and $800 billion in tax credits aimed at low- and middle-income families.

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Hong Kong Market ends higher

Hong Kong stock market finished session higher on Wednesday, 28 April 2021, halting a two-day decline, as investors chased for bargain hunting in recently battered stocks, with Anta Sports leading rally on southbound fund buying. However, market gains capped ahead of the outcome of a U. S. Federal Reserve policy meeting. At closing bell, the benchmark Hang Seng Index was up 0.45%, or 129.80 points, to 29,071.34. The Hang Seng China Enterprises Index advanced 0.28%, or 31.23 points, to 11,014.69. Hong Kong s market trading was lacking direction as the Fed concludes its two-day FOMC meeting on Thursday. Hong Kong s monetary authority runs its rate policy in lockstep with the Fed to preserve the city s currency peg with the US dollar. Any change in US rates policy would be matched in Hong Kong, which would affect the local stock market.

Hong kongJack maAnt groupHang seng china enterprises indexAnta sportsFederal reserveHang seng indexWall street journalAlibaba affiliate ant groupCapital marketஹாங் காங்பலா மாஎறும்பு குழுசெயலிழக்க செங் சீனா நிறுவனங்கள் குறியீட்டுஆன்டா விளையாட்டுகூட்டாட்சியின் இருப்பு

Hong Kong Market drifts lower in see-saw trade

Hong Kong Market drifts lower in see-saw trade
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Hong kongHang seng china enterprises indexFederal reserveWall streetHang seng indexCapital marketஹாங் காங்செயலிழக்க செங் சீனா நிறுவனங்கள் குறியீட்டுகூட்டாட்சியின் இருப்புசுவர் தெருசெயலிழக்க செங் குறியீட்டுமூலதனம் சந்தை

Hong Kong Market falls for the first time in three days

Hong Kong Market falls for the first time in three days
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Hong kongHang seng china enterprises indexAlibaba group holdingAdministration for market regulationHang seng indexHang sengState administrationMarket regulationCapital marketஹாங் காங்செயலிழக்க செங் சீனா நிறுவனங்கள் குறியீட்டுஅலிபாபா குழு வைத்திருத்தல்செயலிழக்க செங் குறியீட்டுசெயலிழக்க செங்சந்தை ஒழுங்குமுறைமூலதனம் சந்தை

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