HANG SENG INDEX (^HSI)
| Previous close | 18,207.13 |
| Open | 18,543.30 |
| Volume |
| Day's range | 18,362.22 - 18,604.17 |
| 52-week range | 14,794.16 - 20,361.03 |
| Avg. volume | 2,746,398,343 |
ReutersGlobal hedge funds chase Hong Kong stocks rally, UBS says
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
ReutersAsian stocks surge on tech boost; yen extends gains to cap wild week
Asian stocks rallied on Friday after Apple's record $110 billion share buyback plan lifted the tech sector, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected interventions from Tokyo. With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% and was set for a second straight week of gains.
- Reuters
GLOBAL MARKETS-Asian stocks surge on tech boost; yen extends gains to cap wild week
Asian stocks rallied on Friday after Apple's record $110 billion share buyback plan lifted the tech sector, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected interventions from Tokyo. With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% and was set for a second straight week of gains.
