SYDNEY, NSW, Australia - The Hong Kong stock market continued to unravel on Tuesday, notching up a third day of consecutive losses, while in mainland China stocks too continued to be sold off. The benchmark Hang Seng index in Hong Kong which has fallen more than 2,000 points in two days is now down around 43 percent since February.
SYDNEY, NSW, Australia - In Hong Kong stocks tumbled on Monday, with the benchmark Hang Seng index shedding more than a thousand points. Sharemarkets in China were also under pressure as tightening regulations pulled the rug from the feet of investors. "We believe China's economy, and specifically its financial system will face significant risks in coming months due to the unprecedented tightening measures applied to the property sector," economists at Nomura warned in a note according to Reuters Thomson Monday.
CSI300, Hang Seng record lowest closes since Dec 2020 Education index at 16-mth low, real estate sector near 6-yr low Property, tech, education hit by new regulatory moves SHANGHAI, July 26 (Reuters) - China and Hong Kong shares fell sharply to their lowest this year on Monday, as investor worries over government regulations battered stocks in the education, property and tech sectors.
(Reuters) - Hong Kong stocks fell on Friday, dragged down by technology, education and property shares, as deepening concerns over over Beijing's tighter regulations weighed on sentiment. ** The Hang Seng index fell 1.5% to 27,321.98, while the China Enterprises Index lost 1.7% to 9,839.05.
SYDNEY, NSW, Australia - Asian stock markets ended the week mixed on Friday. The U.S. dollar forged ahead. At the close in Tokyo, Friday, the Nikkei 225 was ahead 159.80 points or 0.58 percent at 27,548.00. China's Shanghai Composite declined 24.34 points or 0.68 percent to 3,550.40.
* Hang Seng index ends up 1.83% * China Enterprises index HSCE rises 1.79% * HSI financial sector sub-index is 1.6% higher; property sector up 1.8% July 22 (Reuters) - Hong Kong shares rose on Thursday, after four straight sessions of losses and tracking regional peers higher on a rebound in consumer and financials firms, even as investors harbour nagging doubts about the state of the global economic recovery.
SYDNEY, NSW, Australia - Stocks across Asia generally made gains on Wednesday. The only exception was the Hong Kong market where the Hang Seng was trading in the red, albeit down by just 90 points at the time of writing. In Japan, the Nikkei 225 added 159.84 points or 0.53 percent to close at 27,548.00 Wednesday.
(Reuters) - China stocks rose early on Wednesday, led by technology and resource, but Hong Kong stocks fell as Beijing's tight regulation continues to weigh on Internet plays. ** China's blue-chip CSI300 index rose 0.7%, to 5,144.11 points at the end of the morning session, while the Shanghai Composite Index gained 0.6%, to 3,558.11 points.
July 20 (Reuters) - Hong Kong shares closed lower on Tuesday, as property shares fell on worries around developer Evergrande, while fears of a hit to global growth from higher Delta variant coronavirus cases hurt sentiment. ** The Hang Seng index ended down 230.53 points or 0.84% at 27,259.25.
July 19 (Reuters) - Hong Kong's benchmark Hang Seng index fell on Monday as fresh investor concerns over a regulatory clampdown hobbled shares of China's tech giants, and as global concerns over inflation and a surge in coronavirus cases hit investor sentiment. ** At the close of trade, the Hang Seng index was down 514.90 points, or 1.84%, at 27,489.78.
SHANGHAI, July 19 (Reuters) - China's main stock indexes fell on Monday, weighed down by financials, while Hong Kong's benchmark Hang Seng index slipped on pressure from Chinese tech giants as Beijing continues its regulatory clampdown on monopolistic practices. ** At the midday break, the Shanghai Composite index was down 0.31% at 3,528.16 points.
TOKYO (AP) - Asian shares fell across the board Monday, as pessimism took hold following rising COVID-19 infections regionally and Wall Street's first weekly loss following three weeks of gains. Japan's benchmark Nikkei 225 shed nearly 1.2% in early trading to 27,677.60. South Korea's Kospi slipped 0.9% to 3,247.68.
BEIJING, July 16 (Reuters) - Hong Kong stocks ended higher on Friday marking a weekly gain on policy support hopes and after a media report said companies that are going public in the city will be exempt from cybersecurity reviews. ** At the close of trade, the Hang Seng index was up 8.41 points or 0.03% at 28,004.68.
* HSI +0.75%, HSCE +1.08% * Banks, property firms lead gains * China Q2 GDP growth misses expectation SHANGHAI, July 15 (Reuters) - Hong Kong shares ended higher on Thursday, with banks and property firms leading gains, buoyed by hopes for more government policy support after the economic growth in the second quarter missed expectations.
Asian shares are mixed, taking their cues from a wobbly day of trading on Wall Street Asian shares were mixed Thursday, taking their cues from a wobbly day of trading on Wall Street China reported its economy expanded at a 7.9% annual rate in the last quarter, down from 18.3% in January-March in a leveling off of its relatively early recovery from the pandemic.