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Hong Kong stocks track mainland lower on policy tightening fears ahead of GDP data


Hong Kong stocks track mainland lower on policy tightening fears ahead of GDP data
Reuters
4 hrs ago
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FTSE China A50 -1.1%
April 15 (Reuters) - Hong Kong stocks slipped on Thursday, largely in line with losses on the mainland, as recent upbeat economic data raised worries over policy tightening.
At the close of trade, the Hang Seng index was down 107.69 points or 0.37% at 28,793.14. The Hang Seng China Enterprises index fell 0.85% to 10,905.89.
The energy sub-index rose 0.5%, while the IT sector dipped 1.07%. The financial sector ended 0.45% lower, while the property sector rose 0.42%.
The top gainer on the Hang Seng was CK Asset Holdings Ltd , which gained 2.23%, while the biggest loser was Galaxy Entertainment Group Ltd, which fell 2.43%. ....

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Hong Kong stocks end week lower on Sino-U.S. tensions, tightening concerns


HSI -1.1%, HSCE -1.2%, CSI300 -1.5%
FTSE China A50 -1.8%
April 9 (Reuters) - Hong Kong stocks closed lower on Friday to log weekly losses, as robust China inflation data raised investor concerns over policy tightening, while Sino-U.S. tensions also weighed on the market.
At the close of trade, the Hang Seng index was down 309.27 points, or 1.07%, at 28,698.80. The Hang Seng China Enterprises index fell 1.19% to 10,977.37.
For the week, HSI shed 0.8%, while HSCE lost 2.1%.
China’s factory gate prices in March rose at their fastest annual pace since July 2018, official data showed on Friday, as growth in the world’s second-largest economy continued to gather momentum. ....

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ASX to rise, S&P 500 resets closing record high


ASX to rise, S&P 500 resets closing record high
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Australian shares are poised to edge higher at the open after global equities extended their advance with more record highs.
ASX futures were up 2 points to 6961 near 7am AEST, reversing modest overnight losses in the last hour. The currency was up 0.5 per cent.The yield on the US 10-year note tumbled 5 basis points to 1.62 per cent at 4.59pm in New York.
On Wall Street, all three equity benchmarks were higher, with the Nasdaq up 1 per cent. The S&P 500 added 0.4 per cent to 4097.17; the Dow edge up 0.2 per cent to 33,503.57. ....

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