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2021-08-16

Hong Kong's Hang Seng slips as China data disappoints

* Hang Seng index ends down 0.8% * China Enterprises index HSCE falls 1.2% * HSI financial sector su

Hong Kong's Hang Seng slips as China data disappoints

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property sector up 0.7%</p>\n<p>Aug 16 (Reuters) - Hong Kong's <a href=\"https://laohu8.com/S/HSI\">HSI</a> fell on Monday as weak data offered a gloomier outlook for China's economic recovery.</p>\n<p>** At the close of trade, the Hang Seng index was down 210.16 points or 0.8% at 26,181.46. The Hang Seng China Enterprises index&nbsp;fell 1.2% to 9,265.24.</p>\n<p>** China's factory output and retail sales growth slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery is losing momentum.</p>\n<p>** Investor sentiment regarding Chinese tech firms also took another hit following a state media commentary on the weekend calling for stronger vetting of online games and \"zero tolerance\" toward those that distort history.</p>\n<p>** The IT sector fell 3.21% and the Hang Seng Tech index was down 2.57%.</p>\n<p>** Trading volume was relatively light, with only about 1.48 billion Hang Seng index shares traded, roughly 69.4% of the market's 30-day moving average of 2.13 billion shares per day.</p>\n<p>** China's main Shanghai Composite index&nbsp;(<a href=\"https://laohu8.com/S/000001.SH\">SSE Comp</a>) closed up 0.03% at 3,517.34 points, while the blue-chip <a href=\"https://laohu8.com/S/000300.SH\">CSI300</a> index ended down 0.1%.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index</p>\n<p>fell 0.49% and Japan's Nikkei index closed down 1.62%.</p>\n<p>** The yuan was quoted at 6.4769 per U.S. dollar at 0812 GMT, little changed from its previous close at 6.4767.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","000300.SH":"沪深300","HSI":"恒生指数","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159247965","content_text":"* Hang Seng index ends down 0.8%\n* China Enterprises index HSCE falls 1.2%\n* HSI financial sector sub-index is flat; property sector up 0.7%\nAug 16 (Reuters) - Hong Kong's HSI fell on Monday as weak data offered a gloomier outlook for China's economic recovery.\n** At the close of trade, the Hang Seng index was down 210.16 points or 0.8% at 26,181.46. The Hang Seng China Enterprises index fell 1.2% to 9,265.24.\n** China's factory output and retail sales growth slowed sharply and missed expectations in July, as new COVID-19 outbreaks and floods disrupted business operations, adding to signs the economic recovery is losing momentum.\n** Investor sentiment regarding Chinese tech firms also took another hit following a state media commentary on the weekend calling for stronger vetting of online games and \"zero tolerance\" toward those that distort history.\n** The IT sector fell 3.21% and the Hang Seng Tech index was down 2.57%.\n** Trading volume was relatively light, with only about 1.48 billion Hang Seng index shares traded, roughly 69.4% of the market's 30-day moving average of 2.13 billion shares per day.\n** China's main Shanghai Composite index (SSE Comp) closed up 0.03% at 3,517.34 points, while the blue-chip CSI300 index ended down 0.1%.\n** Around the region, MSCI's Asia ex-Japan stock index\nfell 0.49% and Japan's Nikkei index closed down 1.62%.\n** The yuan was quoted at 6.4769 per U.S. dollar at 0812 GMT, little changed from its previous close at 6.4767.","news_type":1},"isVote":1,"tweetType":1,"viewCount":255,"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":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Hong Kong's Hang Seng slips as China data disappoints

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