Tag: banking

Hang Seng Bank Ltd. (NASDAQ:HSNGY) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. Analysts have ... ( read original story ...)

CCB was up 1.96 per cent, ICBC was up 1.74 per cent while Bank of China ... HK$61.70 seen at the Hong Kong close. Sinopec’s ADR remained almost the same at HK$5.48 and China Mobile dropped from HK$84.4 to HK$84.33. The Hang Seng Index futures spot ... ( read original story ...)

The Hang Seng Index fell 1.2 percent at 1:15 ... while futures traders see an 84 percent chance of a hike at the U.S. central bank’s December policy meeting. A currency peg to the greenback means Hong Kong follows American monetary policy. ( read original story ...)

Energy and insurance stocks pushed the Hong Kong market up 1.43 per cent on Tuesday, its biggest rise in almost two weeks. The Hang Seng Index closed 320.29 points ... while China Construction Bank closed 2.18 per cent higher to HK$5.62. ( read original story ...)

Hong Kong shares held steady on Wednesday ... and a possible US interest rate hike next month would channel money away from emerging markets. The Hang Seng index was unchanged at 22,676.69, while the China Enterprises Index gained 0.2 per cent, to ... ( read original story ...)

[HONG KONG] Hong Kong stocks gave up early gains to snap a three-day rally and end Wednesday slightly lower, with energy firms falling in line with oil prices. The Hang Seng Index closed down 1.38 points to 22,676.69. The benchmark Shanghai Composite Index ... ( read original story ...)

Hong Kong stocks rose, with the benchmark index headed for its biggest gain in more than a week, as energy companies climbed on higher oil prices. The Hang Seng Index added 1.3 percent at the midday break, headed for its biggest jump since Nov. 10. ( read original story ...)

All the Hang Seng sectors were in positive territory with the Finance sector strengthening by 1.73%. Trends in the dollar and oil prices will continue to have an important impact on the Hong Kong market with wider trends in the yuan also watched closely. ( read original story ...)

Hong Kong shares were poised for their best day in nearly two weeks as the Hang Seng index added 1.3 percent to 22,646.38 points by the lunch break. The Hong Kong China Enterprises Index gained 1.8 percent, to 9,616.59. The optimism spilled over into the ... ( read original story ...)

SHANGHAI Nov 21 Hong Kong stocks edged up on Monday, aided by strength in the China market, but gains were caped by fears that U.S. dollar strength and rising U.S. bond yields could accelerate portfolio outflows from emerging markets. The Hang Seng index ... ( read original story ...)

Hong Kong stocks opened up on Tuesday morning after record highs in three major US markets, with insurance, property and energy stocks among the key gainers. The Hang Seng Index opened up 0.69 per cent or 155.01 points at 22,512.79, while the Hang Seng ... ( read original story ...)

The Hong Kong stock market has moved higher in back-to-back sessions, advancing almost 100 points or 0.5 percent along the way. The Hang Seng Index now rests just ... Industrial and Commercial Bank of China added 0.22 percent and HSBC slid 0.49 percent. ( read original story ...)

[HONG KONG] Hong Kong stocks soared Tuesday, tracking a rally across Asia and in New York, with energy firms the big winners as oil prices were boosted by hopes of a deal to cut production. The Hang Seng index rose 1.43 per cent, or 320.29 points ... ( read original story ...)

Nov 22 Hong Kong stocks posted their biggest gain in nearly two weeks ... in energy shares on prospects of oil producing countries agreeing to curb output. The Hang Seng index rose 1.4 percent, to 22,678.07, while the China Enterprises Index gained 2.2 ... ( read original story ...)