HK Govt to Unveil Latest Silver Bond Issuance Programme This PM
AASTOCKS News·- The Hong Kong government will announce the latest Silver Bond issuance programme at a press conference this afternoon. - Secretary for Financial Services and the Treasury Christopher Hui and HKMA Deputy Chief Executive Darryl Chan will host the event. - HSBC and BOC Hong Kong have been appointed as joint lead arrangers for this issuance.Hang Seng Finance Sub-index Hits Record High as HSBC HOLDINGS Once Sets New High, Up ~32% YTD
AASTOCKS News·- The Hang Seng Finance Sub-index reached a record high of 55,740 driven by capital inflows into banking and insurance stocks as market interest in tech shares waned. - HSBC HOLDINGS peaked at HKD 163.6 and is up nearly 32% year to date, alongside significant gains in other major regional banking institutions. - Fund managers attribute this performance to a broad sector rotation out of AI and into defensive financial stocks offering stable earnings and strong dividends.HSI Closes at 25,310, Up 103 pts; HSTI Closes at 4,730, Up 28 pts; LAOPU GOLD Down over 23%; CCB, MIDEA GROUP, ICBC, BOC HONG KONG, DAHSING BANKING Hit New Highs; Market Turnover Rises
AASTOCKS News·- The Hang Seng Index (HSI) rose by 103 points, or 0.4%, closing at 25,310, with a total market turnover of $250.63 billion. - Notable gainers included Xiaomi and Meituan, while Laopu Gold suffered a significant drop of 23.8%. - Short selling activity remained high, particularly in heavyweights like CCB and Tencent, indicating a mixed sentiment in the market.HSI Closes Midday at 25,178, Down 28 pts; HSTI Closes Midday at 4,709, Up 7 pts; LAOPU GOLD Down over 22%; BOC HONG KONG, DAHSING BANKING, SWIRE PACIFIC A, CATHAY PAC AIR Hit New Highs
AASTOCKS News·- The Hang Seng Index (HSI) fell by 28 points to 25,178, while the Hang Seng Tech Index (HSTI) and Hang Seng China Enterprises Index (HSCEI) gained slightly. - Notable movements included Meituan rising 1.6% and Laopu Gold declining 22.8%, with significant short selling observed across various stocks. - Overall, the stock market displayed mixed performance, with specific stocks either hitting new highs or experiencing notable declines.