^HSI - HANG SENG INDEX
| Previous Close | 28,432.051 |
| Open | 28,241.439 |
| Volume | 0 |
| Day's Range | 27,845.869 - 28,256.689 |
| 52 Week Range | 24,540.631 - 31,978.141 |
| Avg. Volume | 1,560,429,696 |
- CNBC Videos•9 days ago
'No surprise' that the Hang Seng Index pulled back: Investor
Increasing U.S.-China trade tensions could have caused the Hang Seng Index to pull back for now, but Dickie Wong of Kingston Securities says he is "slightly bullish" in the longer term.
- FX Empire•2 days ago
Is the EUR in for More Pain? There May be Choppier Waters Ahead
Trade talks delivered strong gains across the European and U.S equity markets last week. What’s on the horizon for the DAX and EUR?
FX Empire•2 days agoAsia Falls On US Data, Trade Talks Remain In Focus, US Futures Rise In Early Trade
Trade optimism and better than expected US data help lift stock in early trading, reversing losses in the Thursday session.
- Financial Times•2 days ago
[$$] China stocks roar back after grim 2018
Chinese stocks have staged a resurgence this year, stoked by stimulus unleashed by China’s central bank and a dovish US Federal Reserve, in a sharp reversal of its performance last year as the world’s worst equity market. The dovish move was followed by other central banks globally, giving a boost to China and other emerging markets. The switch in tone came against a backdrop of global geopolitical tension, with uncertainty hanging over Brexit and the US-China trade war.
- Financial Times•2 days ago
[$$] Stocks rise as trade talks optimism persists
US stocks on Friday posted their best daily gain this month, as investors kept faith that Beijing and Washington will still manage to avert an escalation in the trade war between the world’s two biggest economies. After US and Chinese trade negotiators held the first substantial talks this week in several months, the two sides would meet again next week in Washington, President Xi Jinping said.
- Financial Times•3 days ago
[$$] Equities slide gathers pace in Asia trading
The move lower in global equities gathered pace in Asia trading on Friday against a backdrop of rising concerns over global growth and as sentiment soured about the prospects of a positive outcome from the high level US-China trade talks in Beijing today. The Hang Seng index in Hong Kong was among the worst hit across the major bourses, falling 1.6 per cent in morning trade with all market segments in negative territory. Seoul’s Kospi was down by 1.5 per cent, led by a 2.7 per cent drop for technology stocks.
- Bloomberg•3 days ago
Hong Kong Malls Offer Shelter From the Retail Gloom
The city’s retail industry just had its most lucrative year since 2013, with sales climbing 8.8 percent, or $62 billion. Much of that growth was fueled by the 61.1 million tourists, mostly from mainland China, who flocked to Hong Kong to stock up on cosmetics, jewelry and other luxury goods. Some analysts might call it sluggish, but let’s not sugarcoat it: Retail sales were bad.
- Bloomberg•3 days ago
Stocks Fade Into Close Amid Weak Data, Border Spat: Markets Wrap
U.S. stocks edged lower in listless trading as disappointing economic data and reports the president will declare a national emergency overshadowed news that another government shutdown will be averted. Signs Congress would avert another shutdown boosted sentiment midday and shares drifted until the late slide that came with news that President Donald Trump intends to sign a government funding bill and simultaneously declare a national emergency to get more money for a border wall. Bank stocks were among the hardest hit, as the 10-year Treasury yield briefly sank below 2.65 percent.
- Financial Times•3 days ago
[$$] Stocks knocked by weak data
Thursday 21.46 GMT Wall Street lost ground on Thursday after poorer than expected US retail sales data sent shivers through the stock market. The bleak American data followed numbers that showed Germany ...
- FX Empire•4 days ago
Aussie, Kiwi Traders Like China Trade Numbers; Asian Stock Traders Cautious About Trade Deal
With the start of high-level trade talks between the United States and China, Asian market traders are taking a cautious approach to the stock market on Thursday. However, under the cautiousness, there is some optimism. China released better-than-expected January trade balance data early Thursday. The news seemed to have a positive effect on the Australian and New Zealand Dollars, but failed to add to this week’s strength in the major Asian stock markets.
Bloomberg•5 days agoThese Indicators Hint at What's Next for Asia: Taking Stock
Investors in both Asia and the U.S. are bidding stocks up after President Donald Trump hinted there may be some flexibility around the March 1 deadline to raise American tariffs against Chinese products if the two sides are close to a deal. Mid-level officials began discussions Monday in preparation for two days of talks starting Thursday involving U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He. “It is good news,” said Alex Wolf, head of investment strategy for Asia at JPMorgan Private Bank, in an interview with Bloomberg TV.
- Bloomberg•5 days ago
U.S. Stocks Break Out of Malaise Amid Trade Hopes: Markets Wrap
U.S. stocks shook off their malaise Tuesday, boosted by optimism over trade talks and a tentative deal among American lawmakers to avert a government shutdown. After four sessions of losses or whisker-thin gains, the S&P 500 Index registered its biggest one-day increase this month, breaking through its 200-day moving average. The rally was broad-based: Materials stocks led the charge, but financials and the FAANG cohort of tech stocks also advanced, and energy companies gained as oil rebounded from a two-week low after Saudi Arabia pledged to deepen production cuts.
- FX Empire•5 days ago
Tech Surges, Markets Optimistic, Shutdown-Deal In Sight
US indices were higher on the news although the gains were capped.
- FX Empire•6 days ago
Carney and Powell Could Deliver More Swings in the GBP and USD
Market focus on trade talks is evidence in the early moves today. Can FED Chair Powell hit reverse on the Dollar?
- Investor's Business Daily•6 days ago
Dow Leads Stock Market Lower; Will Government Shut Down Again?
The key market indexes were trading at their session lows in the current stock market as government shutdown worries loomed.
- FX Empire•6 days ago
Asian Mixed In Post-Holiday Trading, European Stocks Move Higher, Trade Talks Still In Focus
More than 66% of the S&P 500 have reported so far for the fourth quarter and the results are better than expected.
- Financial Times•6 days ago
[$$] Stocks gain momentum as trade talks kick off
US stocks were mixed on Monday, struggling to maintain the momentum from gains in global stock markets as initial US-China trade talks got under way. A cautious mood hung over markets ahead of planned meetings this week between Robert Lighthizer, the US trade representative, Steven Mnuchin, the US Treasury secretary, and Chinese vice-premier Liu He as the separate threat of another US government shutdown also hung in the balance. “There is an uncertainty in the air and in the markets, which is adding a little downward pressure,” said Michael Underhill, chief investment officer at Capital Innovations.
Bloomberg•6 days agoChina's Bullish Start to Year Gains Momentum as Small Caps Soar
The ChiNext Index closed 3.5 percent higher in Shenzhen for a second straight session, its best two-day performance since October. The yuan dropped 0.9 percent as it traded for the first time in over a week and the Bloomberg Dollar Spot Index rose for an eighth day. Monday’s rally in small caps and stocks in the tech hub of Shenzhen -- which was haunted by hundreds of profit warnings in recent weeks -- shows investors are shifting into privately-owned stocks in lieu of more defensive state-backed giants.
- Financial Times•6 days ago
[$$] China stocks mark strong return from lunar new year break
The gains by Chinese equities came even after data from China’s commerce ministry showed retail sales grew 8.5 per cent year on year during last week’s holiday compared to a 10.2 per cent rise in 2018.
- FX Empire•7 days ago
Brexit Chatter and Economic Data Put the Pound in the Spotlight
Economic data out of the UK and Brexit chatter keeps the Pound in focus. Across the pond, expect chatter from Capitol Hill to also influence in the day.
- Financial Times•7 days ago
[$$] Chinese markets choppy as trade talks resume in Beijing
Chinese stocks started the week in negative territory and the onshore renminbi lost ground after returning from a five-day break and as US-China trade negotiations began in Beijing. Chinese stocks returned opened lower on the return from the lunar new year break. The Hang Seng index in Hong Kong was down 0.2 per cent as financial stocks slipped 0.3 per cent and the technology sector fell 0.1 per cent. The Hang Seng China Enterprises index was down 0.3 per cent. In Australia, the S&P/ASX 200 was down 0.5 per cent as the financials sector shed 1.2 per cent as the country’s four major banks all retreated.
- Financial Times•9 days ago
[$$] US stocks unruffled by Trump comment on Xi trade meeting
US stocks shrugged off brewing trade concerns to post an incremental gain on Friday and end the week higher, while European markets fell after brisker declines in Asia. The S&P 500 gained 0.07 per cent, rebounding after a dip earlier in the day and a 1 per cent drop on Thursday after Donald Trump ruled out a meeting with his Chinese counterpart before a March 1 deadline for Washington to strike a deal with Beijing over trade. The US president answered “no” when asked by reporters in the Oval Office if he would meet Xi Jinping, China’s president, before March 1.
- Financial Times•10 days ago
[$$] Asia stocks wobble after Trump rules out Xi trade meeting
In Hong Kong, where traders were returning from the lunar new year break, the Hang Seng index was down 1.3 per cent. While Chinese markets remained offline, the Hang Seng China Enterprises index dropped 1.6 per cent. The moves came after the US president answered “no” when asked by reporters in the Oval Office if he would meet Xi Jinping, the Chinese president, before March 1. The date marks the end of a 90-day truce between the two sides, after which tariffs on about $200bn worth of Chinese exports to the US will increase from 10 per cent to 25 per cent.
- FX Empire•10 days ago
Directionless Asia Waits On China, ECB Forecast Renews Growth Fear, Futures Point To Soft Open In US
Shares of Twitter were moving lower in early trading which added to the general aura of negativity in the market today.
- FX Empire•11 days ago
Markets Mixed After State Of Union Address, Earnings Still In Focus, Good News On Trade
European indices were higher in the earliest portion of the session but gave up those gains by midday. In earnings news, shares of GM spiked in early trading after it reported much better than expected earnings.
