Hong Kong Stock Market Stabilizes
I'm PortAI, I can summarize articles.
Hong Kong shares stabilized around 25,940 after three days of losses, with tech and consumer gains offsetting financial and property declines. The market remains cautious ahead of October inflation data. The PBoC is expected to maintain record-low loan prime rates. U.S. futures rose slightly after declines in major indices. The Hong Kong central bank is scrutinizing lenders' handling of distressed loans amid a property downturn. Notable stock movements included gains for Chow Tai Fook, Trip.com, and Laopu Gold, while Techtronic Inds. and Xiaomi saw losses.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments