The Hong Kong-listed Chinese equities market is primed for a turnaround, with HSBC forecasting a 21% upside in the Hang Seng China Enterprises Index ... China and improving economic conditions. The bank’s year-end target for the HSCEI now stands at ...
A look at some predictions for the Hang Seng Index, cryptocurrencies and the property market Investors in Hong Kong are bracing for a Year of the Snake full of uncertainties and some market participants are looking to artificial intelligence (AI) and feng shui masters to determine what lies ahead.
The Swiss bank expects the city’s benchmark index to rise above 20,000 by year-end, implying a gain of 3.7 per cent from Wednesday’s close.
HSBC Holdings Plc is turning bullish on Chinese stocks listed in Hong Kong, touting them as beneficiaries of more “favorable policy rhetoric” in mainland China and a better outlook for the domestic economy.
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click to read.
On the supply side, Trump's national energy emergency declaration and his push for energy independence are significant drivers of bearish momentum, as the policies could likely turn the U.S. into a net energy exporter, which might have lasting implications for global oil prices.
Markets in China and Hong Kong fell Wednesday after U.S. President Trump reiterated a threat to impose an additional 10% tariff on Chinese goods.
Asian shares rise and bitcoin hits a record high ahead of Trump's inauguration. European markets gain, while U.S. markets close for a holiday. Investors eye U.S.-China relations and central bank moves.
Asia-Pacific markets mostly rose Tuesday, as investors awaited greater clarity on policies of U.S. President Donald Trump following his inauguration. Australia's S&P/ASX 200 advanced 0.66% to end the day at 8,402.40.
Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed. Hong Kong’s Hang Seng jumped 2.3% to 20,
US December inflation data is due Wednesday night, while China is scheduled to disclose fourth-quarter economic growth on Friday.
The Hong Kong stock market has finished lower in six straight sessions, retreating almost 900 points or 4.7 percent along the way.