Hong Kong

Hong Kong stocks up 6.5 per cent on interest rate cuts

Hong Kong stocks up 6.5 per cent on interest rate cuts

Hong Kong stocks end higher after another volatile day

Hong Kong - Hong Kong stocks end another day of volatile trading just in positive ground at 0.8 per cent higher Wednesday.

The blue-chip index closed 105 points up at 12,707 on a day which saw the index rise and fall like a rollercoaster.

At one point the index reached over 13,200 only to dip down below 12,400 and then climb back up again. Turnover was 59.2 billion Hong Kong dollars (7.6 billion US dollars).

This week has seen some of the most volatile trading in the last 10 years on the Hong Kong stock market with the index losing a huge 12.7 per cent Monday only to rebound 14.35 per cent Tuesday.

Hong Kong stocks up in morning trading after volatile two

Hong Kong stocks up in morning trading after volatile two daysHong Kong - Hong Kong stocks continued their rebound Wednesday after a volatile two days which saw the Hang Seng's Index record its biggest loss and biggest gain in more than 10 years.

The blue-chip index ended the morning's trading 171 points, or 1.4 per cent higher, rising to 12,767 points.

The increase continued the rebound which began Tuesday when bargain hunters pushed the index up by 14.35 per cent, its biggest rally in more than 10 years.

Hong Kong stocks up in early trading after volatile two days

Hong Kong stocks up in early trading after volatile two days Hong Kong - Hong Kong stocks continued their rebound Wednesday after a volatile two days which saw the Hang Seng's Index record its biggest loss and gain in more than 10 years.

The blue-chip index gained 248 points or almost 2 per cent in the first 15 minutes of trading Wednesday rising to 12,844 points.

The rebound began Tuesday when bargain hunters pushed the index up by 14.35 per cent, its biggest rally in more than 10 years.

Asia stocks revive on bargain hunting

Hong Kong  - Asia markets rebounded as investors hunted for bargains on Tuesday, with Hong Kong making the greatest recovery of more than 14 per cent just a day after seeing their worst one-day fall for 11 years.

The blue-chip Hang Seng Index climbed 1,580.45 points, or 14.35 per cent, to close the day at 12,596.29 points, recovering all its losses from Monday in one of its biggest one-day rallies ever.

Turnover was 66 billion Hong Kong dollars (8.51 billion US dollars) and the scale of the recovery forced the stock market to issue a statement saying the "unusual" activity appeared legitimate.

Hong Kong stocks up 14 per cent one day after record loss

Hong Kong - Hong Kong stocks staged an astonishing recovery Tuesday, rebounding by more than 14 per cent just one day after suffering their worst one-day fall for 11 years.

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