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Exchange Fund posts US$6.6 billion second-quarter gain, giving Hong Kong more firepower to defend city's currency

Exchange Fund posts US$6.6 billion second-quarter gain, giving Hong Kong more firepower to defend city's currency
scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.

香港電台網站 : 第三台|Money Talk|Business and Market Discussion / View from Japan

香港電台網站 : 第三台|Money Talk|Business and Market Discussion / View from Japan
rthk.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rthk.hk Daily Mail and Mail on Sunday newspapers.

Hong Kong stocks end over 1% lower as financials, Mengniu weigh

Hong Kong stocks end over 1% lower as financials, Mengniu weigh Reuters 2 hrs ago Popular Searches HSI financial sub-index is down 2%; property sector slips 0.6% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain. The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index fell 1.04% to 10,713. After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.

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