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Hang Seng Index

Asia markets mixed ahead of China trade data; Japan real wages drop for 24th straight month

by Walter Watson
Asia markets mixed ahead of China trade data; Japan real wages drop for 24th straight month

View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images Asia-Pacific markets were mixed on Thursday as investors awaited April trade numbers from China and assessed …

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Exclusive | ‘The worst seems over’ for ‘cheap’ and ‘reasonably attractive’ Chinese stocks: EFG Asset Management

by Anas Siddiqui
Exclusive | ‘The worst seems over’ for ‘cheap’ and ‘reasonably attractive’ Chinese stocks: EFG Asset Management

Opportunities abound in China’s stock markets, the world’s second biggest, where valuations are attractive after a long period of underperformance, a senior official at Zurich-based EFG Asset Management said after …

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Morgan Stanley warns against chasing China stocks rally as rebound may stall

by Anas Siddiqui
Morgan Stanley warns against chasing China stocks rally as rebound may stall

Investors should exercise caution while chasing Chinese stocks, among the best performers globally last month, amid technical signs the market is in overbought territory and global fund managers have already …

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Toyota, Mitsubishi earnings, UOB earnings

by Ron Morgan
Toyota, Mitsubishi earnings, UOB earnings

UOB first-quarter net profit falls less than expected, helped by fee income Singapore’s United Overseas Bank posted a first-quarter net profit of 1.47 billion Singapore dollars ($1.08 billion), a 2% …

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Hong Kong stocks stall near 8-month high as traders mull cashing in on bull run

by Anas Siddiqui
Hong Kong stocks stall near 8-month high as traders mull cashing in on bull run

Hong Kong stocks wavered near an eight-month high as traders pondered whether to cash in on the bull run, while robust mainland tourism data for the holiday period helped support …

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Asia markets live updates: RBA decision, Japan PMI

by Ron Morgan
Asia markets live updates: RBA decision, Japan PMI

The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu …

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Hong Kong stocks extend winning streak, hit 8-month highs as mainland China returns from holidays

by Anas Siddiqui
Hong Kong stocks extend winning streak, hit 8-month highs as mainland China returns from holidays

Hong Kong stocks extended gains towards an eight-month high after mainland traders returned from a five-day holiday to snap up local shares. Strong travel data and positive calls from a …

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Goldman Sachs, UBS, BNP more positive on Chinese stocks as chorus of favourable sentiment grows in run-up to July plenum

by Anas Siddiqui
Goldman Sachs, UBS, BNP more positive on Chinese stocks as chorus of favourable sentiment grows in run-up to July plenum

Goldman Sachs said changes are afoot in China that point to a potentially stronger risk appetite and a more conducive trading environment for A shares in the near term, after …

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Asia markets live updates: RBA meeting, China trade

by Walter Watson
Asia markets live updates: RBA meeting, China trade

China’s and Australia’s flags are seen on the tables where China’s Foreign Minister Wang Yi and Australia’s Foreign Minister Penny Wong held their bilateral meeting at Parliament House in Canberra …

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Hong Kong holds base rate at 5.75% while US Fed assures market that delayed rate cuts have not been derailed

by Anas Siddiqui
Hong Kong holds base rate at 5.75% while US Fed assures market that delayed rate cuts have not been derailed

The HKMA follows the Fed’s rate decision in lockstep since 1983 by design under its linked exchange rate system to preserve the local currency’s peg to the US dollar. The …

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