The Hang Seng index nosedived on Wednesday as investors braced for a new normal in the market. The closely-watched Hong Kong index retreated to the key support at H$20,000, as global equities suffered...
Tag: Seng
Hang Seng index technical outlook: Rebound is imminent
The Hang Seng index had a positive start of the week as investors reflected on the outcome of the China party congress during the weekend. The blue-chip index popped to a high of H$20,800, which was a...
Hang Seng index enters correction as Meituan, Baidu stocks diverge
Global stocks have pulled back as investors reset their expectations about what the Federal Reserve will do in the coming months. In Hong Kong, the blue-chip Hang Seng (HSI) index crashed to a low of ...
Hang Seng nears correction zone ahead of Baidu, Alibaba earnings
The Hang Seng index is unraveling. It has been in the red for three straight weeks and dropped by 9.8% from its highest point this year. This signals that it is nearing a correction level even as its ...
Hang Seng index retreat could be a good buy opportunity
The strong Hang Seng (HSI) index comeback has taken a breather amid rising tensions between the US and China. After soaring to H$22,667 in January, the index has retreated by ~7.45% to about H$21,123....
Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong ...
Top Hang Seng index constituents to watch in 2023
The Hang Seng index continued its recovery this week as Hong Kong and Mainland China announced a fresh round of Covid-zero easing. It jumped to a high of H$20,000, which was the highest level since Au...
Hang Seng still in bear market territory despite best month since 1998
Red lanterns are hung up on the street in Wan Chai, Hong Kong. (Photo by Zhang Wei/China News Service via Getty Images) China News Service | China News Service | Getty Images Hong Kong’s benchma...
Hang Seng index just went vertical: what next?
The Hang Seng index surged to the highest point since October 10, helped by two major catalysts. It spiked to a high of H$17,316, which was about 18% above the lowest level this year. It remains about...
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data f...
Hang Seng & Shanghai Composite Approach Key Levels For Policy Support
China Last Night KraneShares Key News Asian equities were largely off on light volume though a few countries managed small gains. Australia avoided the Fed and Putin’s escalation induced risk-of...
HSBC share price forecast amid Hang Seng and Chubb deal
HSBC (LON: HSBA) share price rose on Tuesday as investors reflected on the latest news on Hang Seng Bank. It also rose as the market waits for the upcoming interest rate decision by the Federal Reserv...
Ong Beng Seng Positions His Flagship Hotel Properties For Post-Pandemic Recovery
This story appears in the September 2022 issue of Forbes Asia. Subscribe to Forbes Asia Ong Beng Seng Lhoch Zwei/Newscom This story is part of Forbes’ coverage of Singapore’s Richest 2022. See the ful...
Hong Kong Hang Seng Rises More Than 2% Amid General Asia-Pacific Upswing
The Hang Seng index in Hong Kong advanced on the back of Chinese tech stock increases. There were also rallies in the US and the APAC region. Asia-Pacific shares traded higher to begin the week, with ...
Asia-Pacific Stock Sees Mixed Growth as Hang Seng Index Soars 2.71%
The bullish trends observed in the Asia-Pacific region as the Commerce Secretary, Gina Raimondo told CNN that President Joe Biden’s administration is “looking at” potentially lifting some tariffs on C...
Hotel Tycoon Ong Beng Seng, Temasek Units Win Bid For Singapore Press’ Properties
Shoppers and pedestrians walk past the Paragon shopping mall, the crown jewel in SPH’s property … [+] holdings, on Orchard Road in Singapore, on June 14, 2012. Munshi Ahmed/Bloomberg A con...
Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout
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Bitcoin Drops $2K After Rejection at $40K, HK Hang Seng Dumps to a 6-Year Low
Bitcoin tried its hand at $40,000 but was stopped in its tracks and fell by nearly $2,000. Interestingly, this price decline came amid the substantial losses in Hong Kong’s benchmark index – Hang Seng...
Hang Seng slumps 3% over COVID lockdown worries, oil falls as Russian attacks in Ukraine intensify
BANGKOK (AP) — Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead. Tokyo and Sydn...