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^HSI - HANG SENG INDEX

HKSE - HKSE Delayed price. Currency in HKD

28,202.14

+703.37 (+2.56%)

At close: 4:09PM HKT

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Previous close	27,498.77
Open	28,224.87
Volume	0

Day's range	28,022.49 - 28,224.87
52-week range	24,540.63 - 30,280.12
Avg. volume	1,933,873,703

Financial Times16 hours ago
Wall Street rallies as Fed signals possible rate cut
US stocks and government bonds climbed on Wednesday after the Federal Reserve adopted a more dovish stance on interest rates, a day after a signal of more potential stimulus from the European Central Bank sparked one of the strongest global rallies of the year. The Fed left rates unchanged following its two-day policy meeting but now forecasts a rate cut in 2020, saying it would monitor incoming data and “act as appropriate to sustain the expansion”. Candice Bangsund, vice-president and portfolio manager at Fiera Capital, said the Fed “placated the doves” by adopting an increasingly cautious stance amid trade tensions and ahead of next week’s planned meeting between President Donald Trump and his Chinese counterpart, Xi Jinping.
FX Empire20 hours ago
Asian Stocks Higher on Wall Street’s Lead Ahead of Fed Decisions
“The news on the talks in Osaka is a short term positive for asset markets, but we believe any talks will change little unless either side makes some meaningful concessions, which we do not view as likely at this time,” Pang added. While there is only a 20% chance of a rate cut in June, traders want to hear the Fed is leaning to its first cut in 10 years in July. If this isn’t stated clearly then the markets could weaken.
Financial Times21 hours ago
Asia equities boosted by news of Trump-Xi meeting at G20
his Chinese counterpart Xi Jinping at the G20 summit later this month reignited hopes that trade talks could get back on track. Mr Trump said on Twitter on Tuesday that he had a “very good” phone conversation with Mr Xi and that their respective teams would begin talks ahead of the meeting in Osaka. Up until Mr Trump’s comments, the White House had not confirmed whether the two leaders would meet separately from the group setting.
FX Empire2 days ago
Asia Stocks Mixed; Aussie Shares Up as RBA Minutes Confirm Further Easing
Australian shares are moving higher on Tuesday after the Reserve Bank of Australia (RBA) said further easing was likely. However, investors are largely targeting defensive sectors ahead of the two-day Fed meeting.
FX Empire3 days ago
Futures Up With FOMC In Focus, Geopolitical Risks Mount, Markets Brace For More Tariffs
Global markets are mixed as geopolitical tensions mounts, Trump prepares to hike tariffs, and the FOMC meeting comes into sharp focus.
Financial Times3 days ago
US stocks drift higher as investors eye central bank meetings
Wall Street drifted higher following cautious trade across global markets, as investors kept their sights on a string of central bank meetings coming later this week. Brent crude came off a two-session rally after an attack on two oil tankers near the Straits of Hormuz stoked worries about potential supply disruption.
Market Realist6 days ago
Hang Seng Falls on China Worries, Nikkei and Sony Surge
China’s growth worries haunted global markets today but the tremors were strongest closer to the mainland, in Hong Kong.
FX Empire6 days ago
Tech Tanks, Tensions Rise In Middle East, China Data Disappoints The Market
Global markets are moving lower with chip stocks and tech in the lead. Weaker than expected data in China weighs on sentiment.
Financial Times6 days ago
Hong Kong stocks end turbulent week on downbeat note
In afternoon trading the index fell 0.7 per cent, adding to Wednesday and Thursday’s declines after the city was rocked by mass political demonstrations against a proposed bill that could see some criminal suspects extradited to mainland China for trial.
Bloomberg7 days ago
Stocks in U.S. Climb With Treasuries; Oil Gains: Markets Wrap
Oil rallied on escalating Middle East tensions. The S&P 500 Index reached a five-week high as a surprise increase in U.S. jobless claims supported the idea the Federal Reserve may take a dovish turn. The Stoxx Europe 600 Index had opened in the red following declines across Asia, but reversed course to post a small advance.
FX Empire7 days ago
Equities Snap Two-Day Losing Streak, Oil Leads Market After Tanker Incident, Trade Is Still In Focus
Global equities rebound, snapping a two-day losing streak as the June rally resumes its upward trajectory.
Market Realist7 days ago
Hang Seng Ends Flat after Protests and Nikkei 225 Slides Again
Hong Kong’s Hang Seng Index opened lower today and fell sharply in early trade in response to the political situation in the city. As life started getting back to normal in Hong Kong, the bulls returned and the index maintained upward momentum. The Hang Seng closed almost flat at the end of the session.
Bloomberg7 days ago
Hong Kong’s Financial Elite Grow Uneasy as China Tensions Rise
As police fired tear gas and rubber bullets at charging protesters in the central business district on Wednesday, conversations in the skyscrapers above turned to the potential fallout from an extradition bill that critics warn will erode Hong Kong’s prized judicial independence from China. “People could feel the tear gas and pepper spray on the way home,” said the banker, who like several others quoted in this story asked not to be identified discussing a politically charged subject. For international companies that maintain regional headquarters and employ thousands of workers in Hong Kong, the question is whether rising political risks could ultimately threaten the former British colony’s appeal as a gateway to China.
Bloomberg7 days ago
Hong Kong Protests Lengthen List of Worries for Stock Traders
A trade war between China and the U.S., a slumping yuan, spiking interbank rates and now street protests that spilled across the city’s financial district in a repeat of 2014’s Occupy movement. The last two -- rates and protests -- have combined to snuff out a nascent recovery in the benchmark Hang Seng Index after last month’s 9.4% drubbing. The gauge tumbled as much as 2% on Wednesday after the one-month interbank borrowing cost surged to a decade-high and protesters demanded the city’s government drop a planned bill that would allow extradition to mainland China.
Barrons.com8 days ago
The Dow Fell 44 Points Because the Trade War With China Is Hurting Oil Prices
The three main U.S. stock indexes closed slightly in the red on Wednesday. Energy stocks were worst-performing sector, dragged down by slumping oil prices, while utilities rose as uncertainties drove investors to safer corners.
Bloomberg8 days ago
Tech Leads Stock Slump; Oil Falls to 4-Month Low: Markets Wrap
Chipmakers were among the worst performers as the S&P 500 Index slipped, with defensive sectors like utilities faring the best. Crude dropped to the lowest since January on concern the trade dispute between the U.S. and China could trip up the global economy. Just as investor concern over protectionism and global growth seemed to be easing, a fresh wave of uncertainty followed President Donald Trump’s announcement that he is personally delaying a trade deal with China and won’t complete the accord unless Beijing returns to terms negotiated earlier this year.
FX Empire8 days ago
Futures Track Lower, Tough Trade Talks Weighs On Equities, China Inflation Hits 18-Month High
Global markets move lower as trade rhetoric escalates between the U.S. and China.
Bloomberg8 days ago
Hong Kong Markets Roiled by Interbank Rate Squeeze Amid Protests
The Hang Seng Index fell 1.7% at the close, with local property developers among the biggest losers, while the Hong Kong dollar strengthened as much as much as 0.26%, the largest gain in seven months. The one-month interbank borrowing cost, known as Hibor, rose 29 basis points to about 2.42%, the highest since 2008. While some analysts attributed the tighter liquidity to seasonal demand for cash such as dividend payments, others said the protests -- aimed at preventing the passage of a bill allowing Hong Kong to extradite its citizens to mainland China -- could be spurring concern about potential capital outflows.
Financial Times8 days ago
Hong Kong stocks fall as protesters block streets
Hong Kong equities dropped Wednesday as demonstrators blocked access to the territory’s legislature in protest against a controversial extradition bill that has drawn criticism from business groups. While the biggest falls were experienced by two technology companies, Sunny Optical and AAC, real estate companies suffered the next biggest declines.
Financial Times8 days ago
China state cigarette monopoly makes smoking market debut
Investors rushed to buy a stake in China’s state-run tobacco monopoly on Wednesday, pushing shares in world’s largest cigarette maker’s international unit up 10 per cent in its trading debut on Hong Kong’s stock exchange. China Tobacco International raised HK$813m ($103m) in a public offering, part of the group’s push to sell more cigarettes in international markets as the number of smokers in mainland China begins to decline.
Bloomberg9 days ago
U.S. Stocks Fluctuate With Focus on Trade Outlook: Markets Wrap
Some of the optimism generated by U.S. President Donald Trump’s deal to avoid tariffs on imports from Mexico was overshadowed by a new threat to raise duties again on China if President Xi Jinping doesn’t meet with him at this month’s Group of 20 summit. “We are going to continue to be range-bound,” Joe “JJ” Kinahan, the chief market strategist at TD Ameritrade, said in an interview at Bloomberg’s New York headquarters.
FX Empire9 days ago
Global Equities Extend Rally, Trade Threats In Focus, China Stimulates Infrastructure Spending
The global indices are moving higher on trade hopes, FOMC optimism, and a new round of stimulus from China.
Market Realist9 days ago
Hang Seng, Nikkei, and Topix Rise as China Loosens Purse
Hang Seng, Nikkei, and Topix Rise as China Loosens PurseHang SengHong Kong’s Hang Seng Index followed mainland Chinese indexes to post its fourth consecutive gain today. The index rose 0.76% after rising by more than 2% yesterday. The iShares
Bloomberg9 days ago
China Stocks Rally the Most in a Month on Local Stimulus Steps
After an explosive start to the year, Chinese stocks were derailed by an escalation in the trade dispute with the U.S. The Shanghai Composite went from one of the world’s best performers to among the worst, while the small-cap ChiNext Index fell into a bear market last week.
FX Empire13 days ago
Labor Data Moves Markets,EU Up On ECB Stance, Asia Mixed With Trade In Focus
Labor data was weaker than expected but still supported market action in early Friday trading.