MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

Collective Wages Continue To Tick Higher

Q1 Sectoral Accounts Suggest Solid Real Income Gains

Services Behind Slight Fall In July ISTAT Business Confidence

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Hong Kong & China Equities Grind Higher

EQUITIES

Hong Kong & China equity markets are slightly higher today heading into the Asia break. The ban on institutional investors selling stock in the first 30 minute of trading didn't seem to have too much of an impact, as stocks moved higher for the first hour of trading, while China northbound flows turn positive.


It has been a relatively subdued day for HK and China equities today, with little in the way of headlines, or data.

  • Hong Kong Equities have see-sawed today, the HSI is currently 0.15% higher after being down 0.50% at one stage, HSTech down 0.27% while Mainland property is down 1.05%
  • China mainland equities are slightly outperforming HK equities today. Currently the CSI300 is up 0.28%, while the Shanghai Composite is 0.50% higher.
  • China Coal stock have benefited from a crack down on coal miners exceeding permitted output quotas.
  • Elsewhere, it has been reported that China will continue to roll out a series of regulations on Quant funds one by one aimed the reducing the amount of illegal quantitative transactions on the market
  • Looking ahead Hong Kong has CPI Composite data out at 4.30pm Local time
Credit BulletsHomepagemarkets-real-timeCreditEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.