HK stocks end lower as resources slump on Beijing crackdown
* HK->Shanghai Connect daily quota used -0.4%, Shanghai->HK daily quota used 4.1%
Source: reuters.com
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HK stocks end higher as techs track Wall Street bounce
* HSI +0.6%, HSCE +1.0%, CSI300 +1.5% * FTSE China A50 +1.5% SHANGHAI, May 17 (Reuters) - Hong Kong stocks closed firmer on Monday, as tech and materials firms tracked Wall Street strength, while investors appeared to show scant reaction to China’s lacklustre economic data. ** The Hang Seng index rose 0.6%, to 28,194.09, while the China Enterprises Index gained 1.0%, to 10,503.84 points. ** Wall Street closed higher in a broad rally on Friday, an upbeat conclusion to whipsaw week of buying and selling as signs of a rebounding economy squared off against mounting inflation jitters. ** The po...
Source: reuters.com
Hong Kong shares close higher on bargain hunting in tech shares
* Real estate shares fall on tax talks BEIJING, May 12 (Reuters) - Hong Kong shares ended higher on Wednesday, with tech shares leading gains on bargain hunting following a sell-off in the previous session, while a settlement between Chinese smartphone maker Xiaomi Corp and the U.S. government also lifted sentiment. ** At the close of trade, the Hang Seng index was up 217.23 points, or 0.78% at 28,231.04. The Hang Seng China Enterprises index rose 1.2% to 10,556.57. ** The sub-index of the Hang Seng tracking the IT sector rose 3.5% and the energy sector rose 0.7%. ** The financial sector ende...
Source: reuters.com
Hong Kong stocks end week lower as tech shares retreat on Sino-West tensions
* HK->Shanghai Connect daily quota used -0.2%, Shanghai->HK daily quota used 1.2%
Source: reuters.com
Hong Kong stocks post weekly losses as Beijing's clampdown widens
* HSI -2.0%, HSCE -2.0%, CSI300 -0.8% * FTSE China A50 -1.0% April 30 (Reuters) - Hong Kong stocks dropped on Friday to post weekly losses, weighed down by tech firms, after Beijing widened crackdown on fintech companies as financial watchdogs might order them to strengthen compliance with regulations. ** The Hang Seng index fell 2% to 28,724.88, while the China Enterprises Index lost 2% to 10,825.25 points. ** For the week, HSI declined 1.2% while HSCE shed 2.2%. ** Tech stocks led the slide on Friday amid mounting regulatory concerns. ** The Hang Seng tech index and the Hang Seng IT index r...
Source: reuters.com