Hong Kong stocks gain on bets China take more steps to end manufacturing slump
The Hang Seng Index rose 0.4 per cent to 18,550.69 at 10am local time, trading near a two-week high. The Tech Index gained 0.7 per cent and the Shanghai…
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The Hang Seng Index rose 0.4 per cent to 18,550.69 at 10am local time, trading near a two-week high. The Tech Index gained 0.7 per cent and the Shanghai…
Stocks retreat as Chinese manufacturing contracted for a fifth month in August. The risk of default at Country Garden keeps investors at bay as several repayment deadlines loom.
Stocks sustain a rally as HKEX and Longfor lead gainers amid bets on more market-boosting measures. Investors are turning less bearish as policymakers begin to address a slump in confidence.
Stocks build on the momentum from Monday’s 1 per cent rally as BYD’s earnings brighten the outlook for EV makers. Ping An Insurance and Haidilao are among companies to report later today.
Stocks in Hong Kong log the biggest gain in five weeks on the back of China’s measures to shore up market confidence. China Evergrande, however, slumps upon resumption of trading.