HK->Shanghai Connect daily quota used 6.6%, Shanghai->HK daily quota used 3% FTSE China A50 +1.8%
SHANGHAI, May 14 (Reuters) - China stocks climbed on Friday as financial and healthcare firms gained, leading a rally in Asian markets as U.S. Fed officials allayed inflation fears. The CSI300 index rose 1.7% to 5,079.30 points at the end of the morning session, while the Shanghai Composite Index advanced 1.2% to 3,471.17 points. Leading the pack, the CSI300 financials index and the CSI300 healthcare index rallied 2% and 2.8%, respectively. Asian shares gained on Friday, as U.S. Fed officials calmed inflation fears. “Investors hunt for bargains as the blue-chip CSI300 index approaches a key support level since mid-March, while gains in overseas markets also provide some solace,” said Zheng Zichun, an analyst with AVIC Securities.
China, Hong Kong stocks fall on soft bank lending, Sino-U.S. tensions Reuters 1 hr ago HK->Shanghai Connect daily quota used -3.8%, Shanghai->HK daily quota used 4.8% FTSE China A50 -1.1%
SHANGHAI, May 13 (Reuters) - China and Hong Kong stocks fell on Thursday, after the former s latest bank lending data missed forecasts, and as Sino-U.S. tensions weighed. The CSI300 index fell 0.8% to 5,003.72 points at the end of the morning session, while the Shanghai Composite Index lost 0.7% to 3,437.14 points. The Hang Seng index dropped 0.9% to 27,970.78 points, while the Hong Kong China Enterprises Index lost 1.2% to 10,434.23. Chinese banks extended 1.47 trillion yuan ($227.74 billion) in new yuan loans in April, down from March and missing analysts expectations.
The Chinese government has turned its western Xinjiang province into essentially an "open-air prison", a U.S. State Department official said on Wednesday as the department published a report that criticized China s treatment of religious minorities.
HK->Shanghai Connect daily quota used -5.4%, Shanghai->HK daily quota used 4.7% FTSE China A50 +0.3%
SHANGHAI, May 11 (Reuters) - Hong Kong stocks fell sharply on Tuesday, tracking an overnight tech selloff on the Wall Street, while persistent anti-monopoly fears also weighed on tech giants listed in the Asian financial hub.
The Hang Seng index dropped 2.2% to 27,982.21, while the Hong Kong China Enterprises Index lost 2.4%, to 10,398.45.
Leading the retreat, the Hang Seng tech index slumped as much as 4.5% to a six-month low, dropping more than 30% from a record high hit on Feb 18.
Tech giants Tencent and Alibaba slipped 2.9% and 3.5%, respectively.
The retreat came after China’s State Administration for Market Regulation said on Friday that it would continue to promote rectification of platform companies.
HK->Shanghai Connect daily quota used 2.9%, Shanghai->HK daily quota used -0.9% FTSE China A50 -1.3%
SHANGHAI, May 6 (Reuters) - China stocks fell on Thursday as healthcare firms declined following investors’ return after the Labour Day break, and as Sino-West tensions weighed. The CSI300 index fell 1.3% to 5,057.17 points at the end of the morning session, while the Shanghai Composite Index lost 0.2% to 3,439.12 points. The tech-heavy start-up board ChiNext dropped 3.2%, while Shanghai’s STAR50 index slipped 1%. The CSI300 healthcare index fell the most, down 4.8%, as vaccine makers retreated after U.S. President Joe Biden threw his support behind waiving intellectual property rights for COVID-19 vaccines.