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Hong Kong stocks fall as tech, consumer firms weigh

HSI -0.9%, HSCE -0.9%, CSI300 -1.7% FTSE China A50 -1.2% April 12 (Reuters) - Hong Kong stocks fell on Monday, tracking losses in the A-share market, as latest data pointed to signs of liquidity tightening on the mainland. At the close of trade, the Hang Seng index was down 245.52 points, or 0.86%, at 28,453.28. The Hang Seng China Enterprises index fell 0.93% to 10,874.83. Falling the most, the Hang Seng tech index and the Hang Seng consumer discretionary index dropped 1.6% and 2%. China’s outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, rose 12.3% to 294.55 trillion yuan ($44.95 trillion) at the end of March from a year earlier, the central bank said on Monday.

Mining project near Payson Event Center fails first cut

He will next have to convince the Payson Town Council to approve the zoning change he needs. Gressley has pitched the idea of grinding off 20 to 30 feet of a hilltop that lies between the Payson Event Center and Main Street. His idea has rocked the community. “It was printed suddenly we are a mining town,” said Kenneth Woolcock, the chair of the commission. This is the third time Gressley has come before the commission to ask for a “minor amendment” to the General Plan in order to change the zoning from commercial/residential to manufacturing on the 19.54-acre property. Currently, the General Plan does not envision manufacturing on that hilltop. The state requires the town to create a General Plan every decade to enshrine the mission and vision for the town. The General Plan then drives where homes and businesses may develop.

China shares edge higher as consumer stocks recover; Hong Kong gains

China shares edge higher as consumer stocks recover; Hong Kong gains 03/15/2021 | 11:42pm EDT Send by mail : Message : Consumer firms rebound following Monday s slump Rising inflation, withdrawal of stimulus continue to weigh SHANGHAI, March 16 (Reuters) - China s blue-chip shares edged higher on Tuesday, recovering from a sharp drop in the previous session, as consumer staples and financial stocks rose, but lingering concerns over policy tightening capped gains. At the midday break, China s blue-chip CSI300 index was up 0.3% after dropping more than 2% on Monday. It is down nearly 15% from a Feb. 18 high. The Shanghai Composite index was up 0.24% at 3,428.08 points. Gains were led by the consumer staples sector,

china shares: China shares edge higher as consumer stocks recover; Hong Kong gains

Synopsis At the midday break, China s blue-chip CSI300 index was up 0.3 per cent after dropping more than 2 per cent on Monday. It is down nearly 15 per cent from a Feb. 18 high. AP Chinese H-shares listed in Hong Kong rose 1.54 per cent to 11,316.23, while the Hang Seng Index was up 0.62 per cent at 29,012.96. SHANGHAI: China s blue-chip shares edged higher on Tuesday, recovering from a sharp drop in the previous session, as consumer staples and financial stocks rose, but lingering concerns over policy tightening capped gains. At the midday break, China s blue-chip CSI300 index was up 0.3 per cent after dropping more than 2 per cent on Monday. It is down nearly 15 per cent from a Feb. 18 high.

Asian sharemarkets gain ground, greenback steadies

Asian sharemarkets gain ground, greenback steadies
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