MNI BRIEF: Trade War To Increase Volatility Inflation -Panetta

MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

CORRECTED-MNI INTERVIEW: NBH To Hold Rates

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

EZ/UK Bond Supply Calendar: EU Synd; SK, BE Auction on Monday

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

MNI: US OCT INDUSTRIAL PROD -0.3%; CAP UTIL 77.1%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

Weakness Extends On Large Tech Losses, Post Gaming Curbs

HONG KONG STOCKS

Hong Kong equities continue to track lower post the lunch break. The aggregate HSI is off over 1%, while the tech sub index has slumped 3.3%, although this is up from session lows (-4.5%).

  • This is close to YTD lows for the index. This follows headlines that the China regulator will aim to curb online gaming use (see this BBG link). NetEase dropped by a record 28%, while Tencent was down 16% at one stage, the most since 2008.
  • After the break, mainland shares are paring earlier gains.
  • The spill over to CNH has proven to be fairly limited at this stage. The pair got above 7.1600, but we now back at 7.1580.
EM BulletHomepageEquitiesBulletMarketsEmerging Market News
EM BulletHomepageEquitiesBulletMarketsEmerging Market News

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.