Hong Kong: Stocks recoup losses as developers shine

The Hong Kong Exchanges and Clearing Limited flag is seen hoisted outside Exchange Square in Hong Kong.Hong Kong shares recovered most of their early losses and ended slightly lower on Thursday amid street protests, thanks to gains in real estate firms and mainland money flows.[SHANGHAI] Hong Kong shares recovered most of their early losses and ended slightly lower on Thursday amid street protests, thanks to gains in real estate firms and mainland money flows.

The Hang Seng index dropped as much as 1.8 per cent before ending 0.1 per cent lower at 27,294.71, while the China Enterprises Index ended 0.2 per cent lower at 10,472.44, also recovering from earlier losses. Stocks were still under pressure amid large-scale protests. Scuffles broke out between protesters and police in Hong Kong on Thursday as hundreds of people remained on the streets to protest a planned extradition law with mainland China, a day after police fired tear gas and rubber bullets at demonstrators.

Gainers in the sector were led by mainland home builders, including Sunac China, China Evergrande and Country Garden which all climbed more than 3 per cent, as Beijing talked up policy boost to support the economy.

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Hong Kong: Stocks tumble as city hit by protests[HONG KONG] Stocks sank in Hong Kong as the city was hit by huge protests that saw tens of thousands of people block key roads, businesses shut up shop and unions encourage members to miss work. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

Hong Kong stocks open with further losses after extradition protestsHONG KONG (AFP) - Hong Kong stocks opened with more losses Thursday (June 13), extending the previous day's sharp falls with the city on edge a day after violent protests.. Read more at straitstimes.com.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »