Hong Kong shares edge higher on hopes for reforms

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Hong Kong equities reached their highest level in eighteen months as investors switched to Chinese non-financial sectors right after Beijing raised optimism on quicker sector reforms. The Hang Seng index advanced 0.2% to 22,666.59. All but one group in the index edged higher with consumer goods advancing the most by 0.75%, followed by technology and utilities that gained 0.57% and 0.48%. A 0.39% increase in Basic Materials was triggered by Chinese steel-to-property conglomerate Citic Pacific's shares that rose 4.3%. Furthermore, stocks of Belle International, China-oriented footwear retailer, added 3.1% to HK$16.88, after announcement Beijing would introduce new measures to boost up the consumption. Meanwhile, financials was the only sector declining, down 0.09%. Among the worst performers was Henderson Land by dropping 1.96%, while Want Want China and Hang Lung capped the gains in real estate group with their shares erasing 1.88% and 1.46%. 
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.