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HK stocks climb for 2nd day to end at 1.7%

Business | Securities
2009-11-17

HONG Kong stocks rose for a second day yesterday due to Friday's gains on Wall Street, and went up 1.73 percent to end at a more than 15-month high of 22,943.98. The benchmark Hang Seng Index opened 1.05 percent...

HK stocks rally for three days

Business | Securities
2009-10-16

HONG Kong stocks stretched a rally into a third day yesterday with a 0.5 percent advance, driving the key index above 22,000 points for most of the session before profit-taking nudged it off that level. Banks,...

Hong Kong stocks at 14-month high

Business | Securities
2009-10-15

HONG Kong stocks packed on more gains yesterday to close up 1.95 percent at a 14-month closing high, driven by liquidity inflows from investments exiting the United States dollar, which touched a 14-month low. Commodity...

HK stocks reverse gains to end down

Business | Securities
2009-10-13

HONG Kong stocks reversed opening gains to close down 200.09 points, or 0.93 percent, at 21, 299.35 yesterday, tracking losses on the Chinese mainland market and ending a five-day rally of the Hang Seng Index. The...

HK shares reach 3-week low

Business | Securities
2009-9-29

HONG Kong stocks fell to a three-week closing low yesterday, dragged down by telecoms after a late tumble by Chinese mainland shares prompted skittish investors to lock in profit, and as weak United States housing...

Hong Kong stocks jump 2.4%

Business | Securities
2009-7-18

HONG Kong shares jumped 2.4 percent in a fourth straight winning session yesterday as investors, cheered by strong earnings reports from United States companies and reassuring data from China's mainland, flocked to...

Property and banks boost HK barometer

Business | Securities
2009-6-27

HONG Kong stocks rose 1.8 percent in a third straight winning session yesterday, as investors continued to pile into property and banks on signs the United States and China's mainland will keep to their easy monetary...

Property Shares Lead HK Market Lower

Business | Real estate
2009-2-3

HONG Kong stocks fell the most in more than two weeks, led by property shares on concern a slowing global economy will dent real estate demand. The key Hang Seng Index tumbled 416.72, or 3.1 percent, to close...

Huge cash injection, rising crude, gold prices lift Hong Kong stocks

Business | Securities
2008-12-30

HONG Kong stocks climbed yesterday for the first time in five days as rising crude oil and gold prices lifted commodity shares, and the city's monetary authority added more cash into the financial system. CNOOC...

Worsening world economy takes its toll on HK shares

Business | Securities
2008-12-23

HONG Kong stocks fell yesterday, dragging the Hang Seng Index to a two-week low on signs that the deepening global recession is hurting corporate profits. HSBC Holdings Plc, Europe's biggest bank, dropped 3.3...