Tag Archives: Hang Seng
Hang Seng Index Rallies as China’s Central Bank Slashes Rates
On Monday, the Hang Seng Index rose 218 points or 1.25% to close at 17,636, partially recovering from the previous session’s 2.0% decline. The upturn came after the People’s Bank of China (PBoC) unexpectedly cut its key short-term policy rate for the first time in nearly a year, aiming to stimulate economic growth in China. […]
Hang Seng Stumbles as Tech Selloff, Trade Tensions Weigh on Sentiment
The Hang Seng Index suffered a significant setback on Wednesday, plunging 165.51 points or 0.9% to close at 18,313.86, erasing its morning gains and ending in negative territory for the second consecutive day as all sectors experienced declines. The technology sector bore the brunt of the sell-off, with the tech index plummeting over 1% after […]
Hong Kong Stocks Slide as China Concerns Spark Sell-Off
On Wednesday, March 27, the Hang Seng Index suffered a drop of 225.48 points, or 1.36%, closing at 16,392.84. The decline spanned across all sectors, coming on the heels of significant gains in the previous session. Market nervousness was heightened by China’s stocks reaching a near one-month low, coupled with the largest daily exodus of […]
Hong Kong Market Sees Broad Gains on Favorable Policies and Fundamentals
The Hang Seng index soared to a one-week high of 16,587.57 points on Monday. This substantial rally, a jump of 234.18 points or a 1.43% increase, was driven mainly by a boost in industrial and consumer sector stocks. The positive turn was spurred by freshly released official data, showing a rejuvenation in China’s consumer prices […]
Hong Kong Stocks Plunge Amidst Bleak Economic Figures
Bleak Economic Figures Push Hang Seng to Year Low The Hong Kong stock market faced a challenging day on December 8th, as the Hang Seng Index experienced a decline of about 0.1%, shedding 11.52 points to finish at 16,334.38. This marked the second consecutive session of losses for the index, with a more significant weekly […]
