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Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
Wall Street held firm even though stock markets around the world sank following scary swings in China, as euphoria about possible stimulus for the world’s second-largest economy gave way to disappointment. Stocks tumbled 9.4% in Hong Kong for their worst day since the 2008 global financial crisis.
Hong Kong Stocks Close Lower as Markets Await Details on China Fiscal Measures
Hong Kong's Hang Seng Index closed 1.4% lower at 20637.24 after a choppy trading session. Stocks continued their slump after China's top state planner failed to meet hopes for additional fiscal measures at a briefing Tuesday,
Hong Kong Stock Market Suffers Biggest Single-Day Drop Since 2008
A key stock market index in Hong Kong saw the biggest single-day drop since the financial crisis on Tuesday. The Hang Seng index fell by -2172.99 (-9.41 percent) on Tuesday. The drop followed an announcement on Tuesday by China's economic planning agency that outlined details of measures aimed at boosting the economy but refrained from major spending initiatives.
China stock markets roar back from holidays; Hong Kong slides
Chinese shares soared to two-year highs in frenzied trade on Tuesday, extending a blistering rally as mainland markets reopened after a week-long break, while Hong Kong shares slid as investors walked back some of the stimulus excitement.
Hong Kong Stocks Plunge on Profit-Taking Amid China Market Rebound
Hong Kong's Hang Seng Index dropped 9.4% to 20926.79, its worst one-day performance in nearly two years. The Hang Seng Tech Index fell 13% to 4695.81. The sharp decline in Hong Kong reflected profit-taking as investors sought to capitalize on positive sentiment in China's A-share market,
12m
Hong Kong’s economic woes are killing off chains. Which ones have shut in recent years?
CR Care and Garrett Popcorn Shops join growing list of chains exiting market or closing down, as retail and dining landscape ...
In Depth
3h
In Depth
Exclusive: British Foreign Secretary Lammy to visit China in bid to reset ties, sources say
Britain's Foreign Secretary David Lammy will visit China next week, sources familiar with the plan said, as the new Labour ...
20h
Hong Kong: Key Link Between Mainland China And The Middle East
Hong Kong stands to benefit from strengthening Sino-Arab ties, drawing family offices and investors from the Middle East.
21m
on MSN
Hong Kong VC MindWorks raises US$220 million in new fund, defying private capital slump
MindWorks closed a US$220 million fund, with backing from sovereign wealth funds, a university endowment, and ‘new economy ...
3h
on MSN
China stocks decline amid economic recovery disappointment, while other markets in Asia rise
Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' ...
18h
Hong Kong Corrects & Mainland Catches Up, NDRC Lacks Specifics With More Announcements To Come
Last night was a roller coaster in China's markets after the Mainland reopened following the weeklong National Holiday or ...
3d
on MSN
Hong Kong plans to install thousands of surveillance cameras. Critics say it’s more proof the city is moving closer to China
Glance up while strolling through parts of downtown Hong Kong and, chances are, you’ll notice the glassy black lens of a ...
23h
Hong Kong Stocks Fall Most Since 2008 as China Stimulus Trade Fizzles
China is back to work after the fall "Golden Week" holiday, and the sheen is coming off a recent market rally. A briefing ...
29m
on MSN
The markets saw right through China's latest economic support hype
China's investors are less optimistic than market watchers from elsewhere, who say they see Beijing's commitment to ...
8h
China's scorching rally takes a breather to wait on stimulus
Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic ...
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