^HSI - HANG SENG INDEX
| Previous Close | 27,196.539 |
| Open | 27,189.400 |
| Volume | 0 |
| Day's Range | 27,153.730 - 27,223.699 |
| 52 Week Range | 24,540.631 - 33,484.078 |
| Avg. Volume | 1,644,234,188 |
Associated Press•3 hours agoStocks subdued as Chinese growth falls to weakest since '90
World stocks were subdued Monday after China reported its slowest economic expansion in 30 years and the International Monetary Fund cut its forecasts for global growth this year. KEEPING SCORE: Germany's ...
- Financial Times•19 hours ago
[$$] China concerns unsettle European stock markets
European stock markets made a cautious start to the week as the latest economic data out of China highlighted risks to the global growth outlook and as participants awaited the latest Brexit developments in Westminster. Trading activity was relatively light given the closure of US markets for the Martin Luther King, Jr holiday. showed the country’s economy growing at an annual rate of 6.6 per cent in 2018 — down from 6.8 per cent in 2017, and the slowest pace since 1990.
- FX Empire•23 hours ago
Trade Uncertainty and China’s Slow Down Test Resilience Ahead of Brexit Plan B
With a Plan B seemingly in the wind, Theresa May could be in hot water later today, with Parliament getting restless.
- Financial Times•23 hours ago
[$$] Stocks trim gains, forex steady as China GDP slows
Asia-Pacific equities trimmed gains while foreign exchange markets were mostly steady in the wake of China reporting a dip in fourth quarter GDP growth on Monday as investors digested the latest signs ...
Bloomberg•yesterdayBuyer Beware: Hong Kong's $4.8 Billion Stock Wipeout Shows Risk
Local observers speak about “dark corners” of Hong Kong’s market where a web of cross-holdings and low liquidity fuel corruption and keep valuations at one of the lowest levels in the world. Much of the losses on Thursday came from Chinese developer Jiayuan International Group Ltd., which plunged 81 percent.
- Investor's Business Daily•3 days ago
China Stocks Rally On Optimism Of U.S. Trade-War Thaw
China stocks rallied Friday on hopes of a resolution to the US-China trade wars, based on several news reports, with JD.com, Momo, Vipshop Holdings and YY being among the big gainers.
- The Wall Street Journal•4 days ago
Stocks Jump on Trade Hopes
U.S. stocks flipped between small gains and losses Thursday after two sessions of advances as investors parsed a raft of earnings reports and trade developments. Trade and other political uncertainties have helped depress investor sentiment in recent months, given the potential implications for economic growth and corporate supply chains. Among decliners, shares of Morgan Stanley fell 4.5% after the bank’s fourth-quarter profit missed expectations. The company’s lows of the day had put the stock on pace for its largest percentage loss since June 2016.
- FX Empire•4 days ago
China Down After Record Stimulus, UK Moves To Brexit Plan B, Earnings Drag US Futures Lower
A weak earnings report from Morgan Stanley had US futures down about -0.35% in the early pre-market session. The UK FTSE 100 was the biggest loser in early Thursday trading, down more than -0.80% at midday. In Asia, the Hang Seng led the losses as traders and investors take advantage of the liquidity event.
- CNBC•5 days ago
Asia markets struggle for gains despite strong US earnings; China concerns linger
China's central bank pumped almost $83 billion into its banking system in a single day, which eased concerns over a potential funding squeeze in the economy ahead of a major festive season, analysts said.
- FX Empire•5 days ago
China Stimulus Lifts Equities, A Hard-Brexit Is At Hand, Bank Earnings Better Than Expected
A round of better than expected bank earnings has the US equity futures moving higher in the early morning session. The financial sector led the EU market at midday with gains averaging 1.0%. The Shanghai Composite closed with no movement, 0.0%, for the day while the Hong Kong Heng Seng and Shenzen markets both saw small gains.
- CNBC•6 days ago
Asia shares mixed as investors sift through fresh Brexit uncertainties; pound holds at $1.28
Prime Minister Theresa May's plan on how Britain should exit the European Union was overwhelmingly voted down in the House of Commons, the U.K.'s lower house of parliament.
- Reuters•6 days ago
Stocks rise on China hopes; sterling rebounds as Brexit vote fails
Major world stock markets climbed on Tuesday on hopes of more stimulus for China's economy, while sterling rebounded from the day's lows after British lawmakers defeated Prime Minister Theresa May's deal on withdrawing from the European Union. Sterling rallied more than a cent to stand above $1.28 after the vote.
- CNBC•7 days ago
Asia markets trade higher as investors wait on crucial Brexit vote
Shares in Australia, Japan, South Korea and China jumped despite lingering concerns about an economic slowdown in China and ahead of a crucial vote in the British parliament over the U.K.'s plans to leave the European Union.
Associated Press•7 days agoWorld shares sink after China reports slowdown in exports
LONDON (AP) — Stock markets around the world drifted lower Monday after China reported a slowdown in exports dented the recent upturn in confidence. The British pound was steady ahead of a tumultuous week in British politics with lawmakers expected to vote against Prime Minister Theresa May's Brexit deal.
Bloomberg•8 days agoAs China Trade Disappoints, Asia's Stock Rally Goes Up In Smoke
While Japan is closed for a holiday, key equity markets retreated across the rest of the region, led by declines in Hong Kong and Shenzhen after China released disappointing December trade data and warned of weaker trade growth this year due largely to external uncertainty. It didn’t help that the U.S. government shutdown is showing no sign of ending and S&P 500 Index futures fell as much as 0.9 percent. The MSCI Asia Pacific ex-Japan Index fell 0.9 percent as of 5:05 p.m. in Singapore, the most since the first day of trading this year, as Taiwan, South Korea and other markets also declined.
- Bloomberg•8 days ago
China Stocks Retreat, Yuan Pares Gain as Trade Data Fuel Concern
(Bloomberg) -- Shares in Hong Kong and Shanghai fell and the yuan declined as China’s weakest trade data since 2016 fueled concern about the impact of a dispute with the U.S. and slowing economy.
- Associated Press•8 days ago
Asian shares decline as China reports slowdown in exports
BANGKOK (AP) — Shares were lower in Asia on Monday, extending the latest losses on Wall Street, as China reported a slowdown in exports.
- FX Empire•8 days ago
Trade Data out of China Hits the Aussie Dollar and Risk Sentiment
China sees imports and exports slide, adding to market jitters at the start of the week.
- CNBC•8 days ago
Asia Pacific markets fall as investors react to China's trade data
Asia Pacific markets started off the trading week mostly on the back foot as major indexes in South Korea, China, Hong Kong and Singapore tumbled. Investors reacted to Chinese government data, which revealed China's December exports and imports fell unexpectedly.
- FX Empire•9 days ago
The Week Ahead – Brexit, Earnings and Trump in the Spotlight
It’s a big week ahead, with the Brexit vote on Tuesday and a mass of data to give further direction on the global economy, as earnings season kicks off.
- Financial Times•11 days ago
[$$] Global stocks falter after five days of gains
A five-session winning streak for global stocks ran out of steam as participants took a more cautious stance ahead of the weekend and the start of the US quarterly earnings season next week. “Although stock markets have mostly dismissed the shutdown as having little relevance for trading, Federal Reserve chairman Jerome Powell has warned that a prolonged US government shutdown could start taking a toll on the country’s economic growth,” said Fiona Cincotta, senior market analyst at City Index.
- Financial Times•11 days ago
[$$] Asia stocks edge higher as doubts linger over US-China trade
Equities edged higher in early Asia-Pacific trading on Friday but investors showed relatively muted excitement over fresh signs of progress in the trade negotiations between the US and China. US Treasury ...
- The Wall Street Journal•11 days ago
U.S. Stocks Regain Ground Despite Concerns About Global Growth
Speaking at the Economic Club in Washington, Mr. Powell said the economy is on solid footing and there are few signs a recession is imminent, but the Federal Reserve isn’t committed to a set course of rate increases, echoing a more market-friendly tone the central bank has taken since a punishing fourth-quarter selloff nearly upended the long-running bull market. The Fed is open to quickly altering its pace, especially with inflation remaining subdued, he said. “We are in a place where we can be patient and flexible and see what does evolve,” added Mr. Powell.
- Bloomberg•11 days ago
Stocks Climb on Strength in Utilities, Real Estate: Markets Wrap
Treasury yields advanced with the dollar, and West Texas crude continued its bull market surge past $52 a barrel. The S&P 500 Index rallied as gains in utilities, industrials and real estate shares overwhelmed weakness in retailers sparked by concerns about a sales slowdown and fears about the potential consequences of the ongoing partial government shutdown. Alcohol distributor Constellation Brands Inc. rebounded from Wednesday’s decline to lead the benchmark on positive comments from analysts at Goldman Sachs Group Inc. and Guggenheim Securities.
Bloomberg•12 days agoAnalysts Still Hopeful on China Drugmakers After 2018 Rout
The average 12-month target on drugmakers is 36 percent higher than their share price, according to data compiled by Bloomberg as of Wednesday. The disparity grew in December, when $46 billion was wiped from health-care stocks as China changed its drug procurement policy in a bid to drive down prices.
