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Shanghai Composite Index

Alibaba, JD.com, Baidu drag Hong Kong stocks close to 2-week low on jitters about China’s economy, US rates

by Anas Siddiqui
Alibaba, JD.com, Baidu drag Hong Kong stocks close to 2-week low on jitters about China’s economy, US rates

Hong Kong stocks dropped to an almost two-week low as concerns about the strength of China’s growth persisted and optimism about an imminent cut in US interest rates faded. The …

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Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weakness

by Anas Siddiqui
Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weakness

Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weakness Hong Kong stocks dropped on the first trading day in 2024 after …

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China stocks trade close to 13-month low as gaming stock sell-off continues

by Anas Siddiqui
China stocks trade close to 13-month low as gaming stock sell-off continues

Giant Network Group tumbled by the 10 per cent exchange-imposed daily limit to 11.21 yuan and 37 Interactive Entertainment Network Technology Group also slumped by that much to 18.52 yuan. …

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Hong Kong stocks rise for third day as China pledges monetary easing, top banks cut deposit rates to aid recovery

by Anas Siddiqui
Hong Kong stocks rise for third day as China pledges monetary easing, top banks cut deposit rates to aid recovery

Hong Kong stocks rose for a third day after China’s biggest lenders cut deposit rates in a move to protect margins and spur consumption in the struggling economy. The central …

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Tencent, JD.com drag Hong Kong stocks lower as global funds stay bearish on China’s growth outlook

by Anas Siddiqui
Tencent, JD.com drag Hong Kong stocks lower as global funds stay bearish on China’s growth outlook

Limiting losses, Alibaba Group rose for a second day, adding 0.4 per cent to HK$72.85, following a management reshuffle in its mainstay e-commerce business. A Bank of America survey of …

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Hong Kong stocks jump as Alibaba surges on leadership revamp while overnight rally in US equities buoys sentiment

by Anas Siddiqui
Hong Kong stocks jump as Alibaba surges on leadership revamp while overnight rally in US equities buoys sentiment

Hong Kong stocks advanced as Alibaba Group surged after an internal leadership revamp to strengthen its e-commerce business and overcome competition. Traders also returned after a two-day slide, as an …

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Hong Kong stocks fall as Longfor slides with China’s property woes in focus, while Nio jumps on Abu Dhabi fund injection

by Anas Siddiqui
Hong Kong stocks fall as Longfor slides with China’s property woes in focus, while Nio jumps on Abu Dhabi fund injection

Hong Kong stocks dropped for a second day on concerns China’s property market will struggle to overcome a multi-year slump, forcing funds to cut their holdings. Several companies based in …

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Hong Kong stocks slip on weak China outlook while Xpeng slumps on stake sale, SenseTime sinks on founder’s demise

by Anas Siddiqui
Hong Kong stocks slip on weak China outlook while Xpeng slumps on stake sale, SenseTime sinks on founder’s demise

Hong Kong stocks dropped on concerns about China’s economic recovery outlook after a mixed bag of activity data for November. Hong Kong Exchanges and Clearing or HKEX slipped after its …

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Hong Kong stocks cling to 13-month lows on China economic gloom; Tencent falls on stake sale by major shareholder

by Anas Siddiqui
Hong Kong stocks cling to 13-month lows on China economic gloom; Tencent falls on stake sale by major shareholder

Hong Kong stocks eased on Friday, with the benchmark hovering around a 13-month low, as China’s gloomy economy data cast a shadow over corporate earnings outlook. Tencent took an early …

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Hong Kong stocks revisit 13-month low as China’s top banks slide on Moody’s act, while reports seen reinforcing slowdown risks

by Anas Siddiqui
Hong Kong stocks revisit 13-month low as China’s top banks slide on Moody’s act, while reports seen reinforcing slowdown risks

Hong Kong stocks slipped, revisiting a 13-month low, before an official report that may show China’s exports growth stalled last month. Chinese banks dropped after Moody’s lowered the outlook on …

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