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Hong Kong's Hang Seng index edged 0.2% lower, to 19,240.89, while the Shanghai Composite index lost 0.6% to 3,211.39. ... when the U.S. Labor Department releases the latest monthly update on the ...
Stocks in Hong Kong got a brief boost from China’s ordering of pensions and mutual funds to invest more in domestic stocks, for example, but the Hang Seng index ended with a dip of 0.4%.
Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 ...
Hong Kong’s Hang Seng gained 1.1% to 16,367.00, and the Shanghai Composite edged 0.1% higher, to 2,993.65. Chinese leaders are holding an annual economic conference expected to wrap up Tuesday ...
Another weight on the market was Tesla, which fell 3.4% on news it is offering discounts ... South Korea’s Kospi gained 1.2% and Hong Kong’s Hang Seng rose 1.2% for some of the bigger gains ...
Hong Kong's Hang Seng Index fell, dropping 2.23% by the close after opening below Tuesday's close. The United Kingdom's FTSE 100 Index climbed early Wednesday, rising about 1.43% moments after open.
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock Exchange in New York, Wednesday, Jan. 29, 2025. (AP Photo/Seth Wenig) ASSOCIATED PRESS