Hong Kong: Stocks open on positive note

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HongKong: Stocks open on positive note

[HONG KONG] Hong Kong stocks started with gains on Thursday as investors welcomed a dovish testimony by Federal Reserve boss Jerome Powell that reinforced hopes for an interest rate cut.

The benchmark Shanghai Composite Index rose 0.44 per cent, or 12.76 points, to 2,928.06, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.51 per cent, or 7.97 points, to 1,558.84.

 

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Hong Kong: Stocks start Wednesday with gains[HONG KONG] Hong Kong shares opened with slight gains on Wednesday following two days of losses, while investors await key congressional testimony from Federal Reserve chief Jerome Powell. Read more at The Business Times.
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Hong Kong: Stocks end day with gains[HONG KONG] Hong Kong stocks ended on a positive note Wednesday with attention now turning to the start of key congressional testimony from Federal Reserve boss Jerome Powell later in the day. Read more at The Business Times.
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Hong Kong: Stocks suffer another sell-off[HONG KONG] Hong Kong stocks ended with losses on Tuesday, extending the previous day's sell-off as hopes for a big Federal Reserve interest rate cut were dented by last week's strong US jobs report. Read more at The Business Times.
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