Chinese tech stocks drive Hong Kong gains

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Shares in Hong Kong opened with strong gains Friday, as surging Chinese tech stocks helped it shrug off a weak lead from Wall Street on the last trading day of the year.

The benchmark Hang Seng Index closed up by more than one percent, on a day when many Asian bourses -- Indonesia, Japan, South Korea, Taiwan and Thailand -- were closed for public holidays.

The daily gains signalled some good news at the end of a tough year for many Chinese tech giants, which have been battered by Beijing's drive to rein in their outsized influence on the world's second-biggest economy. "The outlook for 2022 remains uncertain, especially during the first quarter because the regulatory risk is not totally over yet," warned Steven Leung, executive director of UOD Kay Hian .During the previous trading day, global stocks were mixed as markets weighed the efforts to limit the health and economic effects of the latest fast-spreading Covid-19 wave.

Paris and Frankfurt both climbed but London fell, and Wall Street paused its rally, with both the Dow and S&P 500 retreating from all-time highs.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 380. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SenseTime Shares Jump in Hong Kong Market DebutShares of SenseTime jumped in their Hong Kong debut, after the Chinese AI company completed a $744 million IPO that had been delayed by tensions between Washington and Beijing 莊家同大戶 合作搭雞棚, 傻仔上當走去買!
La source: WSJ - 🏆 98. / 63 Lire la suite »