Hong Kong: Stocks rebound at the end after earlier losses
[HONG KONG] Hong Kong stocks ended sharply higher on bargain-buying Tuesday following three straight days of losses, but investors remain on edge as Donald Trump looks to impose tariffs on another US$200 billion of Chinese imports.
The Hang Seng Index rose 0.94 per cent, or 260.80 points, to close at 27,973.34.
The benchmark Shanghai Composite Index rose 1.10 per cent, or 29.85 points, to 2,750.58 after five straight losses. The Shenzhen Composite Index, which tracks stocks on China's second exchange, climbed 1.16 per cent, or 16.86 points, to 1,465.79.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week