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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.