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Hong Kong Stock Market Suffers Biggest Single-Day Drop Since 2008
A key stock market index in Hong Kong saw the biggest single-day drop since the financial crisis on Tuesday. The Hang Seng index fell by -2172.99 (-9.41 percent) on Tuesday. The drop followed an announcement on Tuesday by China's economic planning agency that outlined details of measures aimed at boosting the economy but refrained from major spending initiatives.
Hong Kong ETF Investors Make Record Bet on Stock Market Decline
Investors in Hong Kong have bet a record amount on exchange-traded funds that profit when stocks decline, showing how quickly sentiment is shifting following a breakneck rally.
Wall Street rebounds after Hong Kong stocks suffer their worst day since 2008
Wall Street held firm even though stock markets around the world sank after scary swings in China, as euphoria about possible stimulus for the world’s second-largest economy gave way to disappointment. Stocks tumbled 9.4% in Hong Kong, marking their worst day since the 2008 global financial crisis.
Hong Kong housing market needs more rate cuts, wealth from stock gains to end slump
Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.
Wall Street soars as Hong Kong sees biggest single-day drop since 2008
The group of tech stocks known as the Magnificent Seven all rose on Tuesday, with the largest gain going to Nvidia, up 4.1%.
Stock market today: Wall Street holds firmer after Hong Kong stocks fall to worst day since 2008
U.S. stocks are steadying themselves on Tuesday as falling oil prices release some of the pressure that’s built up on the market. The S&P 500 was 0.8% higher in afternoon trading and clawing back most of its loss from the day before.
Stock markets diverge as Hong Kong sinks, oil prices fall
Oil prices sank and global stock markets diverged on Tuesday, with Hong Kong suffering its worst day in 16 years as China held off announcing fresh measures to boost its
Hong Kong Stocks Close Lower as Markets Await Details on China Fiscal Measures
Hong Kong's Hang Seng Index closed 1.4% lower at 20637.24 after a choppy trading session. Stocks continued their slump after China's top state planner failed to meet hopes for additional fiscal measures at a briefing Tuesday,
Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
U.S. stocks rebounded after falling oil prices released some of the pressure that built up on the market. The S&P 500 rose 1% Tuesday and clawed back all of its
2h
Hong Kong Stocks Claw Back Gains After China Selloff Amid Stimulus Hopes
Hong Kong's Hang Seng Index closed 3.0% higher at 21251.98, led by consumer stocks. Investors are looking for additional support measures to be announced at China's briefing on fiscal policy this ...
22h
on MSN
China’s Stock Market Tumbles on Doubts About Government Stimulus
China’s Finance Ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal ...
2d
China’s stock-market resurgence hits roadblock on lack of new stimulus measures
Chinese stocks rallied in the first day back from their long holiday, but disappointment over no further stimulus saw gains ...
2d
China's stock euphoria is primed to disappoint
Investors of Chinese stocks are in for a rollercoaster ride. Onshore bourses staged a weaker-than-expected rally following a ...
7h
on MSN
Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan ...
1d
Hong Kong Dollar Funding Costs Slip as Local Stock Frenzy Fades
A gauge of interbank borrowing costs in Hong Kong dropped for the first time in 13 sessions as local stocks retreated ...
51m
Stock Market News: Dow Set to Open Down Ahead of Key CPI inflation Data
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Thursday as the stock market braces for September's CPI inflation report.
1d
China's stock rally hits speed bump as investors await more stimulus
Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, ...
1d
Chinese shares sink as investors dump shares after recent rallies, with Shanghai's benchmark down 6.6%
Chinese shares sink as investors dump shares after recent rallies, with Shanghai's benchmark down 6.6%.
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