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2021-06-29
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Hong Kong stocks fall as energy shares retreat
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624956746,"share":"https://www.laohu8.com/m/news/2147524338?lang=&edition=full","pubTime":"2021-06-29 16:52","market":"hk","language":"en","title":"Hong Kong stocks fall as energy shares retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=2147524338","media":"Reuters","summary":"June 29 (Reuters) - Hong Kong stocks closed lower on Tuesday, as energy firms slumped after a declin","content":"<p>June 29 (Reuters) - Hong Kong stocks closed lower on Tuesday, as energy firms slumped after a decline in oil prices, with investors treading cautiously ahead of a U.S. jobs report.</p>\n<p>The Hang Seng index fell 0.9% to 28,994.10, while the China Enterprises Index lost 1.0% to 10,757.30 points.</p>\n<p>The top gainer on the Hang Seng was Haidilao International Holding Ltd, which gained 8.69%, while the biggest loser was China Petroleum & Chemical Corp, which fell 4.59%.</p>\n<p>Falling the most, the Hang Seng energy index retreated 2.9% on the back of weaker oil prices.</p>\n<p>State-owned oil giant PetrolChina lost 4.2%, while CNOOC eased 2.9%.</p>\n<p>Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the highly contagious COVID-19 variant Delta sparked new mobility restrictions around the world.</p>\n<p>Adding to the pressure were concerns new coronavirus outbreaks in Asia could undercut an economic recovery, even as robust momentum in the United States prompts the Federal Reserve to contemplate a quicker exit from accommodative policy.</p>\n<p>On Friday, a closely-watched U.S. jobs report for June will be released, which could sway the Fed's policy outlook and bring forward expectations for interest rate 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong stocks fall as energy shares retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-29 16:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 29 (Reuters) - Hong Kong stocks closed lower on Tuesday, as energy firms slumped after a decline in oil prices, with investors treading cautiously ahead of a U.S. jobs report.</p>\n<p>The Hang Seng index fell 0.9% to 28,994.10, while the China Enterprises Index lost 1.0% to 10,757.30 points.</p>\n<p>The top gainer on the Hang Seng was Haidilao International Holding Ltd, which gained 8.69%, while the biggest loser was China Petroleum & Chemical Corp, which fell 4.59%.</p>\n<p>Falling the most, the Hang Seng energy index retreated 2.9% on the back of weaker oil prices.</p>\n<p>State-owned oil giant PetrolChina lost 4.2%, while CNOOC eased 2.9%.</p>\n<p>Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the highly contagious COVID-19 variant Delta sparked new mobility restrictions around the world.</p>\n<p>Adding to the pressure were concerns new coronavirus outbreaks in Asia could undercut an economic recovery, even as robust momentum in the United States prompts the Federal Reserve to contemplate a quicker exit from accommodative policy.</p>\n<p>On Friday, a closely-watched U.S. jobs report for June will be released, which could sway the Fed's policy outlook and bring forward expectations for interest rate increases.</p>\n<p>China's main Shanghai Composite index closed down 0.92% at 3,573.18, while the blue-chip CSI300 index ended down 1.17%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.5%, while Japan's Nikkei index closed down 0.81%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","06098":"碧桂园服务","HSCEI":"国企指数","06862":"海底捞","00386":"中国石油化工股份","HSTECH":"恒生科技指数","00384":"中国燃气","09999":"网易-S","00291":"华润啤酒","HSCCI":"红筹指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147524338","content_text":"June 29 (Reuters) - Hong Kong stocks closed lower on Tuesday, as energy firms slumped 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