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05 Mar Hong Kong stocks retreat amid worries about economic growth as ‘two sessions’ meeting gets under way in Beijing

Posted at 02:44h in Asia

Hong Kong stocks slipped after China’s GDP target failed to impress investors amid growth worries in the world’s second largest economy as the country’s annual parliamentary meeting, which will provide insights into the government’s plans for the year ahead, gets under way in Beijing.The Hang...

04 Mar Hong Kong stocks edge up as investors await market-stabilising measures at China’s ‘two sessions’, property shares cheered by sales report

Posted at 03:10h in Asia

Hong Kong stocks rose ahead of China’s annual legislative meeting where traders expect announcements to stabilise the markets and shore up the world’s second largest economy. Li Auto and BYD tumbled as the price war in the electric vehicle (EV) market intensified.The Hang Seng Index...

29 Feb After the best run in 16 months, investors see Chinese stocks maintaining momentum on policy tailwinds

Posted at 23:30h in Asia

The best gains in Chinese stocks since the post-pandemic reopening are bolstering investors’ fragile confidence, with some money managers and analysts confident of further upside as they anticipate some policy catalysts.The CSI 300 Index tracking the biggest stocks listed in Shanghai and Shenzhen climbed 9.3...

China stock market: CSRC denies it is planning to inspect a decade of financial reports as part of clean-up, says fraud prevention a ‘continuous process’

23 Feb China stock market: CSRC denies it is planning to inspect a decade of financial reports as part of clean-up, says fraud prevention a ‘continuous process’

Posted at 12:20h in Asia

The China Securities Regulatory Commission (CSRC) on Friday denied reports that it is planning to inspect a decade of financial data from companies listed in China, days after it vowed to tighten the screws on the stock market and promote high-quality growth.The commission does not...

23 Feb Hong Kong stocks join global rally for best weekly winning streak since June as Baidu, Tencent rise

Posted at 02:45h in Asia

Hong Kong stocks climbed for a fourth day, joining a global market rally as tech stocks regained flavour amid advances in computing and artificial intelligence. Equities in mainland bourses extended gains as a government report showed home prices fell at a slower pace.The Hang Seng...

‘Deeply sorry’: China hedge fund apologises after trading ban for ‘market disruption’ in first punishment since Beijing’s vow to stem stock rout

21 Feb ‘Deeply sorry’: China hedge fund apologises after trading ban for ‘market disruption’ in first punishment since Beijing’s vow to stem stock rout

Posted at 08:29h in Asia

An award-winning Chinese quant hedge fund has apologised to markt authorities and investors, after being punished with a trading ban for dumping stocks on local bourses, the first known case since the nation’s market regulator took aim at trading activities that have perpetuated a three-year...

20 Feb China’s ‘national team’ seen stepping up stock market intervention after a sudden surge in assets at top exchange-traded funds

Posted at 23:30h in Asia

China’s state-run funds have been supporting domestic stock prices at a faster clip this year in their market intervention since late June, after a notable surge in the assets of major exchange-traded funds (ETFs) that track benchmark stock indices, according to fund data and market...

20 Feb China regulatory chief’s appointment indicates investor confidence, market reforms are top of the agenda

Posted at 07:38h in Asia

The Chinese securities watchdog’s new head, “Broker butcher” Wu Qing, has lost no time in tackling the turmoil that has rocked the country’s stock markets, after it hit five-year lows this month, unveiling a slew of proposals aimed at reviving market confidence.The China Securities Regulatory...

20 Feb Hong Kong stocks waver as BYD, Li Auto lead slide in EV makers on price war, Chinese builders gain after surprise cut in lending rate

Posted at 02:46h in Asia

Hong Kong stocks slipped for a second day as top Chinese electric-vehicle producers slumped amid a fresh round of price war. Some Chinese developers advanced, tempering market losses, following a record cut in a key onshore lending rate. HSBC climbed before its earnings report.The Hang...

19 Feb Hong Kong stocks drop, halting Year of Dragon rally, on China policy rate decision, Hang Seng Index letdown

Posted at 02:59h in Asia

Hong Kong stocks declined after China’s central bank refrained from cutting its key rates in a move to protect the local currency, sending a conflicting signal about its readiness to revive the economy. Stocks on mainland bourses reopened higher to catch up with roubst...

China stock market Tag