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Hong Kong stocks softened after three consecutive rallies. HSI fell 17 points or 0.1% to close at 16,725. HSCEI inclined 6 points or 0.1% to close at 5,765. HSTECH waned 10 points or 0.3% to close at 3,399. Total revenue for the day was $96.053 billion.AI concepts were spurred by a surge in NVIDIA (NVDA.US) shares, as BIDU-SW (...
Wang Zhonghua, the statistician of the Urban Department at China's National Bureau of Statistics (NBS), interpreted the statistics of the changes in the selling prices of commercial residential buildings in January 2024 saying that the number of cities with MoM decline in the selling prices of commercial residential building...
A commercial and residential land in Xi'an Aerospace Base was put up for sale, and won by Shaanxi Bosai Real Estate Development Co., Ltd. (literal translation of "陝西博賽房地產開發有限公司"), a subsidiary of LONGFOR GROUP (00960.HK), at ...
Hong Kong stocks rose today. HSBC HOLDINGS (00005.HK)'s share price decreased after midday. The HSI hiked 255 points or 1.6% to close at 16,503. The HSCEI picked up 123 points or 2.2% to close at 5,642. The HSTECH added 86 points or 2.7% to close at 3,351. Total market turnover for the day increased to $122.444 billion.HSBC ...
Chinese insurers and property developers outperformed the market today.CHINA TAIPING (00966.HK) rose for 6 consecutive days and re-crossed the 100-day MA ($6.93). It peaked at $7.22, and last printed at $7.08, up 6.5%. NCI (01336.HK) challenged the 100-day MA ($15.95), and peaked at $16. NCI mounted 6.1% to last at $15.6. CPIC (...
Hong Kong stocks rose significantly in the morning session. The HSI hiked 488 points or 3% to 16,735 at midday. The HSCEI climbed 199 points or 3.6% to 5,718. The HSTECH elevated 146 points or 4.5% to 3,410. The total half-day turnover of the market increased to $64.761 billion.HSBC HOLDINGS (00005.HK) and HANG SENG BANK (00011....
Chinese real estate and investment were underpinned by the much-bigger-than-expected five-year LPR cut of 25bps by the People's Bank of China (PBOC). After five-day rises, Shenzhen Component Index and Shanghai Composite Index added 1.6% each to last at 9,051 and 2,968. The HSI sustained its upswing from the previous day. Thi...
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