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2021-07-22

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Hong Kong shares snap four-day losing streak; Evergrande soars

Hang Seng index ends up 1.83%. China Enterprises index HSCE rises 1.79%. HSI financial sector sub-in

Hong Kong shares snap four-day losing streak; Evergrande soars

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The Hang Seng China Enterprises index rose 1.79% to 10,006.57.</p>\n<p>The sub-index of the Hang Seng tracking the IT sector&nbsp;rose 2.26%, the financial sector ended 1.64% higher and the property sector rose 1.84%.</p>\n<p>Energy shares rose 3.1% as oil prices clung onto most of the previous day's gains.</p>\n<p>Sentiment in the property sector was boosted after developer <a href=\"https://laohu8.com/S/EGRNF\">China Evergrande Group</a> said it had solved legal disputes with China Guangfa Bank and that the two sides would deepen business cooperation, easing investor concerns that sparked a three-day sell-off.</p>\n<p>Evergrande was the top gainer among H-shares, rising 7.87%, followed by Kuaishou Technology , gaining 6.93% and Semiconductor Manufacturing International Corp , up by 5.44%.</p>\n<p>Trading volume was relatively light, with about 1.63 billion Hang Seng index shares traded, roughly 81.2% of the market's 30-day moving average of 2 billion shares a day.</p>\n<p>China's main Shanghai Composite index closed up 0.34% at 3,574.73 points, while the blue-chip CSI300 index ended up 0.15%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 1.25%, while Japan's Nikkei index&nbsp;closed up 0.58%.</p>\n<p>The yuan was quoted at 6.4671 per U.S. dollar at 08:08 GMT, 0.02% firmer than the previous close of 6.4685.</p>\n<p>(Reporting by the Shanghai Newsroom; Editing by Rashmi Aich)</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 shares snap four-day losing streak; Evergrande soars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; 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 shares snap four-day losing streak; Evergrande soars\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\">2021-07-22 16:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Hang Seng index ends up 1.83%.</li>\n <li>China Enterprises index HSCE rises 1.79%.</li>\n <li>HSI financial sector sub-index is 1.6% higher; property sector up 1.8%.</li>\n</ul>\n<p>July 22 (Reuters) - Hong Kong shares rose on Thursday, after four straight sessions of losses and tracking regional peers higher on a rebound in consumer and financials firms, even as investors harbour nagging doubts about the state of the global economic recovery.</p>\n<p>At the close of trade, the Hang Seng index was up 499.26 points or 1.83% at 27,723.84, trimming its losses for the week to 1%. The Hang Seng China Enterprises index rose 1.79% to 10,006.57.</p>\n<p>The sub-index of the Hang Seng tracking the IT sector&nbsp;rose 2.26%, the financial sector ended 1.64% higher and the property sector rose 1.84%.</p>\n<p>Energy shares rose 3.1% as oil prices clung onto most of the previous day's gains.</p>\n<p>Sentiment in the property sector was boosted after developer <a href=\"https://laohu8.com/S/EGRNF\">China Evergrande Group</a> said it had solved legal disputes with China Guangfa Bank and that the two sides would deepen business cooperation, easing investor concerns that sparked a three-day sell-off.</p>\n<p>Evergrande was the top gainer among H-shares, rising 7.87%, followed by Kuaishou Technology , gaining 6.93% and Semiconductor Manufacturing International Corp , up by 5.44%.</p>\n<p>Trading volume was relatively light, with about 1.63 billion Hang Seng index shares traded, roughly 81.2% of the market's 30-day moving average of 2 billion shares a day.</p>\n<p>China's main Shanghai Composite index closed up 0.34% at 3,574.73 points, while the blue-chip CSI300 index ended up 0.15%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 1.25%, while Japan's Nikkei index&nbsp;closed up 0.58%.</p>\n<p>The yuan was quoted at 6.4671 per U.S. dollar at 08:08 GMT, 0.02% firmer than the previous close of 6.4685.</p>\n<p>(Reporting by the Shanghai Newsroom; Editing by Rashmi Aich)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大","HSI":"恒生指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153627274","content_text":"Hang Seng index ends up 1.83%.\nChina Enterprises index HSCE rises 1.79%.\nHSI financial sector sub-index is 1.6% higher; property sector up 1.8%.\n\nJuly 22 (Reuters) - Hong Kong shares rose on Thursday, after four straight sessions of losses and tracking regional peers higher on a rebound in consumer and financials firms, even as investors harbour nagging doubts about the state of the global economic recovery.\nAt the close of trade, the Hang Seng index was up 499.26 points or 1.83% at 27,723.84, trimming its losses for the week to 1%. The Hang Seng China Enterprises index rose 1.79% to 10,006.57.\nThe sub-index of the Hang Seng tracking the IT sector rose 2.26%, the financial sector ended 1.64% higher and the property sector rose 1.84%.\nEnergy shares rose 3.1% as oil prices clung onto most of the previous day's gains.\nSentiment in the property sector was boosted after developer China Evergrande Group said it had solved legal disputes with China Guangfa Bank and that the two sides would deepen business cooperation, easing investor concerns that sparked a three-day sell-off.\nEvergrande was the top gainer among H-shares, rising 7.87%, followed by Kuaishou Technology , gaining 6.93% and Semiconductor Manufacturing International Corp , up by 5.44%.\nTrading volume was relatively light, with about 1.63 billion Hang Seng index shares traded, roughly 81.2% of the market's 30-day moving average of 2 billion shares a day.\nChina's main Shanghai Composite index closed up 0.34% at 3,574.73 points, while the blue-chip CSI300 index ended up 0.15%.\nAround the region, MSCI's Asia ex-Japan stock index was firmer by 1.25%, while Japan's Nikkei index closed up 0.58%.\nThe yuan was quoted at 6.4671 per U.S. dollar at 08:08 GMT, 0.02% firmer than the previous close of 6.4685.\n(Reporting by the Shanghai Newsroom; Editing by Rashmi Aich)","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"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":12,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}