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Read more about Hong Kong Stocks end higher on Business Standard. HSBC rose as much as 6.5 per cent after the lender recommended a bigger than expected dividend payout in its latest earnings report. The bank has proposed a US$0.15 dividend per share, resuming the payout that was halted in April to preserve cash
Hong Kong stock market finished session higher on the first day of trading of the Year of the Ox, Tuesday, 16 February 2021, after the Lunar New Year holidays as risk sentiments underpinned on tracking Asia-Pacific markets higher on optimism over a global economic recovery and roll-out of Covid-19 vaccines.
At closing bell, the benchmark Hang Seng Index inclined 1.9%, or 573.09 points, to 30,746.66. The Hang Seng China Enterprises Index added 1.31%, or 155.66 points, to 12,036.15. China s mainland markets will remain closed for the Lunar New Year celebrations and are scheduled to reopen on Feb. 18.
Shares of energy stocks gained, on tracking firmer commodity prices.
PetroChina surged 13.2% to HK$2.75, while CNOOC soared 9.5% to HK$9.54. Sinopec also added 8.1% to HK$4.12.
Fenics GO named OTC Trading Platform of the Year
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LONDON, Feb. 11, 2021 /PRNewswire/ Fenics GO, a pioneering electronic trading platform operated by the Fenics division of
BGC Partners, Inc. (NASDAQ: BGCP) ( BGC Partners, BGC or the Company ), has been named the winner of the 2021 OTC Trading Platform of the Year award by Risk.net, the financial industry s leading publication for in-depth news and analysis on risk management, derivatives and regulation.
Fenics GO, the only multilateral electronic platform for block-sized options which ensures best-execution, offers full transparency of order flow as well as straight-through-processing to the exchange. It launched with Eurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies in the third quarter of 2019 in collaboration with IMC, Maven Securities and Optiver.
Hong Kong stock market finished session at three-week highs on Wednesday, 10 February 2021, as risk sentiments underpinned after upbeat data pointed to a continued recovery in China s economy. Optimism about more fiscal stimulus and falling coronavirus infections rates helped to underpin investor sentiment to some extent.
At closing bell, the benchmark Hang Seng Index inclined 1.91%, or 562.53 points, to 30,038.72. The Hang Seng China Enterprises Index added 1.79%, or 207.49 points, to 11,810.25.
Consumer prices in China were up 1% month-on-month in January, following the 0.7% increase in December, the National Bureau of Statistics said. On a yearly basis, consumer prices fell 0.3%, following the 0.2% gain in the previous month. The bureau also said that producer prices rose 0.3% year-on-year in January after sinking 0.4% a month earlier.