Hong Kong stocks climbed by the most in a week after China approved a new batch of online video games in a sign the government is softening its stance on the industry. Li Auto led a jump in electric-vehicle makers amid robust sales in...
Hong Kong has almost always been cheap. I’m not talking about the cost of housing or the prices in the supermarkets – but the value of the stock market. For the decades leading up to the handover in 1997, the Hong Kong market was consistently...
Hong Kong’s stock market investors can expect a roller-coaster ride full of turbulence and drama as symbolised by the Chinese zodiac of the dragon, according to CLSA’s tongue-in-cheek Feng Shui Index.Market weakness will endure in the first half of the Year of the Dragon, and...
Hong Kong stocks wavered near a one-week low after the Federal Reserve left its target rate unchanged and pushed back expectations for a reduction in March, offering no early relief for property developers.The Hang Seng Index rose less than 0.1 per cent to 15,491.89...
Lombard Odier is the latest to sour on China, cutting allocation to the nation’s assets over concerns about the outlook for the world’s second-largest economy and geopolitical risks.It is too early to take a positive view on Chinese assets, including stocks, bonds and the yuan,...
Hong Kong stocks set for worst month since August as China manufacturing extends slump, Fed to offer no early reliefHong Kong stocks were headed for the worst performance in five months after China’s manufacturing shrank in January, underlining the lack of stimulus to spur...
Shares of entities in the China Evergrande group stabilised, after a sell-off triggered by the impending liquidation of the mainland property developer. Some investors bet their outlook will improve by being unshackled from the debt crisis engulfing the parent company.Carmaker Evergrande New Energy Vehicle...
Hong Kong stocks dropped, with the benchmark index heading for the worst January since 2016, amid renewed concerns about corporate earnings and China’s economic recovery outlook. EV maker BYD slumped after profits trailed market consensus.The Hang Seng Index fell 1.8 per cent to 15,794.32...
China’s efforts to support stocks in Shanghai, Shenzhen and Hong Kong has triggered a US$689 billion gain in market valuation last week following 2023’s brutal sell-off. This recovery may not be a long-lasting one as policymakers are still faced with the challenging task of attracting...
Stocks in Hong Kong jumped after China’s market regulator suspended securities lending of restricted shares listed on mainland exchanges to stabilise stock prices, adding to a slew of measures to stem a market rout. China Evergrande sank after losing a court case to fend...