Zhenghao
2021-03-22
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Hong Kong stocks close lower on Europe lockdowns, lira plunge
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to 11,306.71.</p>\n<p>Germany plans to extend a lockdown to contain COVID-19 infections into a fifth month, according to a draft proposal, after new cases exceeded levels authorities say will cause hospitals to be overstretched.</p>\n<p>Confidence in the safety of AstraZeneca’s COVID-19 vaccine has taken a big hit in Spain, Germany, France and Italy as reports of rare blood clots have been linked to it and many countries briefly stopped using it, poll data showed.</p>\n<p>Adding to the pressure was a slump in Turkey’s lira.</p>\n<p>The lira plunged 15% to near its all-time low after markets opened following President Tayyip Erdogan’s shock weekend decision to oust a hawkish central bank governor and install a like-minded critic of high interest rates.</p>\n<p>Analysts remain optimistic about Hong Kong stocks going ahead, citing low valuations.</p>\n<p>The PE ratios of the Hang Seng index and the Hang Seng China Enterprises index remain far lower than that of the S&P 500, making them more attractive to allocate, CITIC Hong Kong analyst said in a note, recommending internet leaders and banking stocks with high dividends.</p>\n<p>Around the region, MSCI’s Asia ex-Japan stock index was firmer by 0.21%, while Japan’s Nikkei index closed down 2.07%.</p>\n<p>The yuan was quoted at 6.51 per U.S. dollar at 0829 GMT, flat compared to the previous close of 6.5097.</p>\n<p>At close, China’s A-shares were trading at a premium of 33.46% over Hong Kong-listed H-shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong stocks close lower on Europe lockdowns, lira plunge</title>\n<style 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stocks closed lower on Monday, as fears of prolonged lockdowns in some European countries dampened recovery hopes while a plunge in the Turkish lira also hit investor sentiment.</p>\n<p>The Hang Seng index fell 0.4%, to 28,885.34, while the China Enterprises Index gained 0.2%, to 11,306.71.</p>\n<p>Germany plans to extend a lockdown to contain COVID-19 infections into a fifth month, according to a draft proposal, after new cases exceeded levels authorities say will cause hospitals to be overstretched.</p>\n<p>Confidence in the safety of AstraZeneca’s COVID-19 vaccine has taken a big hit in Spain, Germany, France and Italy as reports of rare blood clots have been linked to it and many countries briefly stopped using it, poll data showed.</p>\n<p>Adding to the pressure was a slump in Turkey’s lira.</p>\n<p>The lira plunged 15% to near its all-time low after markets opened following President Tayyip Erdogan’s shock weekend decision to oust a hawkish central bank governor and install a like-minded critic of high interest rates.</p>\n<p>Analysts remain optimistic about Hong Kong stocks going ahead, citing low valuations.</p>\n<p>The PE ratios of the Hang Seng index and the Hang Seng China Enterprises index remain far lower than that of the S&P 500, making them more attractive to allocate, CITIC Hong Kong analyst said in a note, recommending internet leaders and banking stocks with high dividends.</p>\n<p>Around the region, MSCI’s Asia ex-Japan stock index was firmer by 0.21%, while Japan’s Nikkei index closed down 2.07%.</p>\n<p>The yuan was quoted at 6.51 per U.S. dollar at 0829 GMT, flat compared to the previous close of 6.5097.</p>\n<p>At close, China’s A-shares were trading at a premium of 33.46% over Hong Kong-listed H-shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSTECH":"恒生科技指数","HSCEI":"国企指数","HSI":"恒生指数","HSCCI":"红筹指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117558087","content_text":"Hong Kong stocks closed lower on Monday, as fears of prolonged lockdowns in some European countries dampened recovery hopes while a plunge in the Turkish lira also hit investor sentiment.\nThe Hang Seng index fell 0.4%, to 28,885.34, while the China Enterprises Index gained 0.2%, to 11,306.71.\nGermany plans to extend a lockdown to contain COVID-19 infections into a fifth month, according to a draft proposal, after new cases exceeded levels authorities say will cause hospitals to be overstretched.\nConfidence in the safety of AstraZeneca’s COVID-19 vaccine has taken a big hit in Spain, Germany, France and Italy as reports of rare blood clots have been linked to it and many countries briefly stopped using it, poll data showed.\nAdding to the pressure was a slump in Turkey’s lira.\nThe lira plunged 15% to near its all-time low after markets opened following President Tayyip Erdogan’s shock weekend decision to oust a hawkish central bank governor and install a like-minded critic of high interest rates.\nAnalysts remain optimistic about Hong Kong stocks going ahead, citing low valuations.\nThe PE ratios of the Hang Seng index and the Hang Seng China Enterprises index remain far lower than that of the S&P 500, making them more attractive to allocate, CITIC Hong Kong analyst said in a note, recommending internet leaders and banking stocks with high dividends.\nAround the region, MSCI’s Asia ex-Japan stock index was firmer by 0.21%, while Japan’s Nikkei index closed down 2.07%.\nThe yuan was quoted at 6.51 per U.S. dollar at 0829 GMT, flat compared to the previous close of 6.5097.\nAt close, China’s A-shares were trading at a premium of 33.46% over Hong Kong-listed H-shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/359214375"}
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