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Hong Kong stocks elevated, driven by HSBC HOLDINGS (00005.HK) and some techs. The HSI picked up 101 points or 0.5% to close at 20,701. The HSCEI added 26 points or 0.4% to close at 7,417. The HSTECH hiked 49 points or 1.1% to close at 4,623. The total market turnover for the day amounted to $154.249 billion.HSBC HOLDINGS (00005....
Recommend
120
Positive
202
Negative
135
After surging over 700 points last Friday (18th), the Hong Kong stock market retreated today (21st). Opening 73 points lower, the HSI managed to peak at 20,845 with a rise of 41 points in the early session. But with a slump of 381 points, it bottomed at 20,423 near the market close. It eventually ended the day down 325 points, o...
Recommend
169
Positive
281
Negative
126
The People's Bank of China (PBOC) launched the Securities, Funds and Insurance Companies Swap Facility (SFISF), promoted refinancing for stock repurchases and increases, and announced that it may lower the reserve requirement ratio (RRR) by another 0.25-0.5 ppts within the year. Mainland China's consumption, investment a...
Recommend
148
Positive
262
Negative
120
Opening 46 points lower, the HSI once ticked up 2 points to peak at 21,095 in the early session, but then plunged 938 points at one point to as low as 20,154 near the market close. It ended the day down 774 points, or 3.7%, at 20,318. The HSCEI faded 302 points, or 4%, closing at 7,277. The HSTECH waned 217 points, or 4.7% to cl...
Recommend
101
Positive
169
Negative
111
The HSI slid 282 points or 1.3% to 20,810 at midday. The HSCEI dropped 112 points or 1.5% to 7,467. The HSTECH ebbed 53 points or 1.1% to 4,614. Total half-day turnover for the market amounted to $109.967 billion.Automakers fell. BYD COMPANY (01211.HK), LI AUTO-W (02015.HK) and GEELY AUTO (00175.HK) lost 1.9-2.8%, while LEAPMOTO...
Recommend
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Positive
119
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68
Recommend
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Positive
234
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Positive
286
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Positive
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Positive
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Positive
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Positive
404
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153
Positive
269
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132
Recommend
149
Positive
278
Negative
115
Recommend
152
Positive
267
Negative
110
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