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.
Hong Kong stocks rebound from sell-offs on PBOC’s US$70 billion stock buying facility
The Chinese central bank’s liquidity boosting tool sparks a 2.5 per cent surge in Hong Kong’s Hang Seng Index.
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 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 from the country's top economic planner, the National Development and Reform Commission,
China’s stocks fall in Hong Kong and onshore markets as traders lock in gains after frenzy
Hang Seng Index slipped 1.4 per cent, adding to its 9.4 per cent plunge on Tuesday, while the CSI 300 Index of onshore stocks sank 7.1 per cent.
Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan’s benchmark Nikkei 225 edged up 0.4% in morning trading to 39,439.50. Australia’s S&P/ASX 200 rose 0.6% to 8,239.10. South Korea’s Kospi added 0.3% to 2,601.66.
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,
Stock market today: Wall Street points higher even as China holds off on major spending initiatives
Wall Street is pointing higher before the opening bell after Hong Kong’s benchmark plunged more than 9% after Beijing refrained from major spending initiatives as China’s economy slows
Stock market today: Wall Street holds firmer after Hong Kong stocks fall to worst day since 2008
U.S. stocks are steadying themselves on Tuesday as falling oil prices release some of the pressure that’s built up on the market. The S&P 500 was 0.8% higher in afternoon trading and clawing back most of its loss from the day before.
Stock market today: Hong Kong shares plunge as economic rescue plans from Beijing fall flat
Hong Kong's share benchmark has fallen more than 9% and other Chinese markets gave up much of their early gains as traders dumped shares following recent rallies. The Hang Seng
China’s Stock Market Tumbles on Doubts About Government Stimulus
China’s Finance Ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal ...
China's stock euphoria is primed to disappoint
Investors of Chinese stocks are in for a rollercoaster ride. Onshore bourses staged a weaker-than-expected rally following a ...
Hong Kong Dollar Funding Costs Slip as Local Stock Frenzy Fades
A gauge of interbank borrowing costs in Hong Kong dropped for the first time in 13 sessions as local stocks retreated ...
Stock market today: Wall Street holds steady as Shanghai stocks suffer worst drop since early COVID
Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' ...
China's stock rally hits speed bump as investors await more stimulus
Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, ...