Topic
Established in 1969, the Hang Seng Index is the benchmark stock market index, monitoring changes in 48 constituent blue chip stocks. It is maintained by Hang Seng Indexes Company, a unit of Hang Seng Bank, which is controlled by HSBC Group.
Attracting listings to the bourse from Southeast Asia, the Middle East and other regions, and introducing trading when typhoon signal No 8 is in force are at the top of his list.
- The 28 per cent rally in the Hang Seng Index since late January has added US$1 trillion in capitalisation to the city’s bourse
- ESR Group soars after receiving a non-binding offer to take the logistics asset manager private, but the offer price has not been disclosed
Hong Kong is proving its resilience by defying some of its harshest critics. A surge in the local stock market over the past three months shows global investors are coming back.
Hong Kong stocks advance amid growing hopes of improved corporate earnings and policy support after tepid economic data over the weekend.
In an attempt to limit the impact of data showing foreign funds selling on market sentiment, Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong Kong.
Two regions can revitalise historical connections through financial collaboration, but more understanding is needed, says a director with index provider MSCI.
Economic optimism boosts Hong Kong stocks with growing hopes of US interest cuts providing an additional tailwind.
Hong Kong stocks rise driven by economic optimism after policy loosening measures announced by nearly 60 Chinese cities targeted the floundering property market with upbeat trade data providing a further boost.
Investors should exercise caution while chasing Chinese stocks, among the best performers globally last month, amid technical signs the market is in overbought territory, US investment bank says in report.
Hong Kong stocks fell for the second straight day on Wednesday as investors awaited trade data which is expected to show both exports and imports returned to expansion territory in April, following a contraction in the previous month.
Hong Kong stocks decline from an eight-month high as traders cash in on the market bull run, while robust mainland tourism data for the holiday period fails to lift sentiment.
Investor sentiment has turned positive after a clutch of global investment banks made positive calls on Chinese stocks amid expectations of more policy support from Beijing.
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, continued its comeback in the first quarter, posting a return of HK$54.3 billion (US$7 billion) as rising overseas stock markets offset losses in domestic equities.
Investment banks including Goldman Sachs, UBS and BNP have become more positive on Chinese stocks, with foreign selling having subsided. But the property crisis, deflationary risks and tepid consumer demand mean global investors are yet to go all ‘all in’.
A dovish US Federal Reserve and a gigantic share buy-back programme from Apple lifted Hong Kong stocks with sentiment remaining upbeat after China’s top policymakers signalled further support to economic growth.
Hong Kong kept its key interest rate unchanged for a sixth consecutive time in lockstep with the Federal Reserve’s overnight decision, with sticky US inflation forcing investors to delay rate cut bets.
Hong Kong stocks emerged as the best-performing key market globally in April, after funds sought bargains by shifting out of expensive US and Japanese equities and as China’s growth shows more signs of stabilising.
Hong Kong’s market is the best performer among major peers globally this month, and better-than-expected manufacturing activity in mainland China is expected to add further impetus.
Hong Kong stocks closed near bull market territory after corporate earnings continued to surprise on the upside with property sector support measures on mainland China adding to the momentum.
Hong Kong stocks rose and completed its best weekly performance since October 2011 as positive earnings from top-tier Chinese companies and supportive policy measures boosted investor confidence
Hong Kong stocks rise on optimism that the appetite for Chinese assets is returning as Beijing pledges support to markets and signs of an earnings recovery emerges.
Hong Kong stocks rose for a third day after earnings optimism drove the benchmark Hang Seng Index to a five-month high.
Hong Kong stocks climbed most in three weeks as investors ramped up their buying on expectations that a slew of supportive measures from the Chinese securities watchdog will aid sentiment.
Hong Kong stocks extended gains amid expectations the latest measures announced by Chinese authorities will broaden the investor base
China Securities Regulatory Commission on Friday announce five measures to further enhance connectivity between mainland and Hong Kong capital markets.
China’s capital market regulators have announced a package of measures to boost liquidity, attract international investors and enhance competitiveness between the mainland and Hong Kong.
Hong Kong stocks gains were driven by insurance, banks and casino stocks with some investors saying conditions are right for a substantial rally in Chinese shares.
