Hong Kong stocks rebound on PBOC’s US$70 billion finance facility, fiscal stimulus hopes
The swap facility is part of a combined 800 billion yuan in financial tools announced by the PBOC last month to boost liquidity on the stock market. The package also includes a 300 billion yuan relending programme to fund stock buy-backs and stake increases by listed companies and major shareholders.
Investors in Hong Kong have bet a record amount on exchange-traded funds that profit when stocks decline, showing how quickly ...
Hong Kong's Hang Seng Index closed 3.0% higher at 21251.98, led by consumer stocks. Investors are looking for additional support measures to be announced at China's briefing on fiscal policy this ...
Hong Kong’s equity market surged to a 20-month high on Wednesday as the rally ignited by Beijing’s raft of stimulus measures ...
A gauge of interbank borrowing costs in Hong Kong dropped for the first time in 13 sessions as local stocks retreated ...
1don MSN
Stocks in China slumped on Wednesday, with Shanghai’s benchmark down 6.6% and Hong Kong’s losing 1.5% as investors dumped shares to lock in profits after recent rallies driven by hopes for major ...
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) -A lack of details on China's long-awaited fiscal stimulus caused a ...
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