Interest-Rate Hikes Come Thick and Fast, Where do Central Banks Stand in the Race to Contain Inflation?
Major central banks have sped up their fight against inflation, unleashing another 350 basis points of hikes this week.
The Hang Seng Index opened down 0.51% and BABA fell more than 2%.
World's Central Banks Race to Raise Rates After Fed Increase
Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the Federal Reserve in risking a recession to rein in climbing prices.
Hong Kong's Hang Seng Index Falls 1.6% to Lowest Closing Level Since 2011 -- Market Talk
0836 GMT - Hong Kong's Hang Seng Index closed at its lowest level since late 2011, as the Fed's rising hawkishness sparked a broad selloff in regional equities. The benchmark index fell below 18000 du
Hong Kong's Hang Seng Index Drops 1.4% to Six-Month Low -- Market Talk
0215 GMT - Hong Kong stocks are sharply lower in morning trading as Asian equities broadly decline after the Fed raised rates by another 75 bps and signaled additional large increases by the end of th
The Hang Seng Index opened down 1.97% and XPeng Inc. fell nearly 10%.
Hang Seng Index May Open Under Pressure
Hong Kong Shares Rebound From Six-Month Low; Hang Seng Index Gains 1.2% -- Market Talk
0822 GMT - Hong Kong's Hang Seng Index rose 1.2% to close at 18781.42, rebounding from a six-month low and tracking gains in the A-share market. The city's top official said the government aims to red
The Hang Seng Index closed down 1.04%, the Hang Seng Technology Index fell 2.07%. Among the top stocks today, Tencent fell 1.43%, BABA fell 3.57%, Wuxi Biologics fell 5.01%, JD.com fell 2.51%, Li Auto Inc. fell 5.05%, and Byd Company Limited rose 0.28%.
Nio, EV Shares Drop Over 1%, While Alibaba, Tech Peers Mixed: What's Weighing on Hong Kong Stocks Today
Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.