HONG KONG (MarketWatch) — Hong Kong shares rose Monday to start the new week on a strong footing, with heavyweight HSBC Holdings PLC leading banks higher after a strong U.S. employment data for January boosted stocks on Wall Street Friday. The Hang Seng Index rose 1.1% to 20,979.83 and the Hang Seng China Enterprises...
Japanese and South Korean shares lose ground as investors digest a raft of earnings reports and turn cautious ahead of a key U.S. employment report. Chinese stocks finish higher, as property developers and some laggards find buyers. (more here…) Related items Hong Kong shares rise, as HSBC leads financials China may let pension funds...
Shares in both Hong Kong and Shanghai rose 2 percent on Thursday, lifted by Chinese financials and growth-sensitive sectors after fears of a global economic slowdown eased on U.S. and German manufacturing data that beat expectations. (more here…) Related items The Mayor Of Shanghai Says The Rent Is Too Damn High Asian Markets End...
SHANGHAI — China may allow pension funds to invest up to 30% of their assets in the local stock market, the state-run Securities Times reported Tuesday, citing an unnamed person. That could total as much as CNY580 billion. (more here…) Related items Asian stocks mostly lower as early losses trimmed Asian stocks mostly lower,...
Hong Kong and China shares were weaker today, with Chinese banks among the top drags after an expected reserve ratio requirement cut by Beijing over the week-long Lunar New Year holiday failed to materialise. (more here…) Related items China may let local pension funds invest in stocks Losses May Accelerate For Shanghai Stocks Eastday-Shanghai...
