Hong Kong Dollar in Rare Spotlight
Hong Kong Dollar in Rare Spotlight as Stock Rally Boosts Demand
Hong Kong’s long-dormant currency has come out of hibernation, as demand soars following a remarkable rally in Chinese stocks listed on the city’s bourse.
Hong Kong stocks surge to 20-month high as China-stimulus rally continues apace
Hong Kong’s equity market surged to a 20-month high on Wednesday as the rally ignited by Beijing’s raft of stimulus measures continued to lift Chinese stocks.
Hong Kong stocks rally over 6% in sixth straight day of gains
Oil prices and the CBOE Volatility Index (.VIX) jumped overnight as Iran fired ballistic missiles at Israel.SINGAPORE — Hong Kong's Hang Seng index was up over 6% on Wednesday, hitting a 22-month high for a sixth day of gains amid further optimism about Beijing's latest stimulus policies.
Chinese Stocks in Hong Kong Resume Rally as Travel Data in Focus
Chinese stocks in Hong Kong are back to rallying after a one-day dip, with investors pinning hopes that data on the nation’s holiday spending will provide more impetus for the market.
Hong Kong stocks track Wall Street lower at opening
The Hang Seng Index fell 98.43 points, or 0.45 percent, to open at 22,015.08 points on Friday. Overnight the main Wall Street indices closed between
Hong Kong Stocks Cool After Epic Stimulus-Fueled Rally
Hong Kong’s benchmark Hang Seng Index slipped Thursday, after notching its best six-day stretch since 2008. The gauge retreated 1.4% Thursday, after gaining 23% in the previous six sessions. In the broader market,
Alibaba and JD.com Battle for Hong Kong Shoppers, Stocks Slid After Stimulus Rally
Alibaba and JD.com are competing for Hong Kong market share amidst China's stimulus plans. Baidu, PDD, NIO, Li Auto, XPeng, and ZEEKR are also affected.
Alibaba and JD.com Battle for Hong Kong Shoppers, Stocks Slide After Stimulus Rally
Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) and rival JD.com, Inc (NASDAQ:JD) are aggressively fighting for market share in Hong Kong. The companies waived delivery fees for certain orders and boosted related services like local product returns in Hong Kong,
Hong Kong stocks slump, snapping 6-day rally as China frenzy shows exhaustion
A key technical indicator shows the market is massively overbought, signalling an imminent reversal Hong Kong stocks fell for the first time in seven days as the US$3 trillion market rally driven by China's stimulus injection ran out of gas.
Hong Kong stocks fall 2.8% in Asia markets as stimulus surge fades, eyes on rising tensions in the Middle East
Asia-Pacific markets trade mostly lower, Hong Kong stocks plunged on Thursday as the China stimulus rally appeared to ease.
Hong Kong shares reach again for 20-month peak
SINGAPORE: Hong Kong stocks rose more than 2% on Friday, still cheering China's massive economic stimulus proposals, while ...
China Market Update: Hong Kong Rises As Alibaba Buys Back 2.1% Of Shares Outstanding In Q3
Mainland China remains closed for the week-long national holiday, Taiwan is closed for a typhoon, and India is closed for ...
Chinese Stocks in Hong Kong Climb as Traders Assess Momentum
Chinese stocks in Hong Kong edged higher in a volatile morning session as traders assessed the sustainability of the biggest ...