New rules for Hong Kong stocks bolster Asian markets

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Chinese bourses allow mainland investors to buy Hong Kong-listed dual-class shares for the first time

Tokyo — Asian stocks edged higher on Monday as Chinese shares reversed early losses due to hopes for progress in resolving the US-China trade war and expectations for greater investment inflows into Hong Kong.

Oil futures fell as lingering economic growth concerns and excess supplies of crude prompted speculators to trim their long positions. “We’ve had some positive news from Liu, and allowing Chinese investors direct access to dual-listed Hong Kong shares is a another positive,” said Sean Darby, global equity strategist at Jefferies in Hong Kong.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong protest leaders urge turnout for march, despite risk of arrest - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Pro-democracy leaders called on Hong Kong’s citizens to join a Sunday anti-government march in spite of the risk of arrest, after police banned the rally which is seen as a test of the protest movement’s strength following months of unrest.
Source: SABC News Online - 🏆 32. / 51 Read more »

Hong Kong firms pick up pieces from protest damage - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Businesses big and small have suffered smashed windows, graffiti and even fire for their perceived support of mainland China by Hong Kong activists.
Source: SABC News Online - 🏆 32. / 51 Read more »

Hong Kong protest leaders urge turnout for march, despite risk of arrest - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Pro-democracy leaders called on Hong Kong’s citizens to join a Sunday anti-government march in spite of the risk of arrest, after police banned the rally which is seen as a test of the protest movement’s strength following months of unrest.
Source: SABC News Online - 🏆 32. / 51 Read more »