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China stocks rise to 13-month high, as China Life’s earnings forecast brightens outlook

China’s stocks rose on Friday, with the benchmark reaching a 13-month high, as a profit forecast from bellwether China Life Insurance spurred optimism that corporate earnings growth will pick up.The Shanghai Composite Index closed 0.6 per cent higher, reflecting its highest level since March 21, 2018 and capped a weekly gain of 2.6 per cent. The CSI 300 Index of big-caps gained 1.2 per cent. Hong Kong’s market was shut for an extended holiday and will reopen on Tuesday.With China reporting… Source link

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Stocks Blog: China stocks head for weekly gain as 1Q earnings season kicks off

Happy Friday, traders. Hong Kong markets are closed and will reopen Tuesday due to the Good Friday and Easter Monday holidays, meaning no stock connect trading as well as no trading on the city’s exchange. But there will be plenty of action on China’s markets that we will cover for  you. So come back and visit us throughout the day. Please send any questions to deb.price@scmp.com . — Zhang Shidong in Shanghai and Deb Price in Hong Kong. Source link

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Stocks Blog: Traders watching appliances, autos for clues on stimulus speculation

Good day traders. We’ll be closely covering the mainland and Hong Kong stock markets for you today. We’ll also bring you insights from experts about where sectors and companies are headed. Check back in throughout the day for updates.  — Zhang Shidong in Shanghai and Deb Price in Hong Kong   Source link

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Stocks Blog: Traders nervously awaiting any surprises in China data dump

Happy Wednesday, traders. Lots of data coming out of China data today, including first-quarter GDP, fixed asset investment, industrial production and retail sales. We’ll have it up quickly, followed by market reaction and analysis. Check in with us throughout the day to catch up on the latest action. We also feature our “Crystal Ball,” in which leading experts offer you their insights on where they think sectors and companies are going.  Your market guides today will be Zhang Shidong in… Source link

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“Vin” stocks drag on markets – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HÀ NỘI – Shares tumbled on Tuesday on the two national stock exchanges, dragged down by underperforming large caps, especially Vingroup and its subsidiaries. The VN-Index on the Hồ Chí Minh Stock Exchange lost 0.58 per cent to end the session at 977.17 points. On the Hà Nội Stock Exchange, the HNX-Index dropped 0.55 per cent to close Tuesday at 107.11 points. Both stock indices decreased by less than 1 per cent last week. A total of 175.5 million shares worth a combined VNĐ3.6 trillion (US$155.7 million) were traded on the…

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Shanghai stocks gain ahead of 1st-quarter GDP data, fading concerns over liquidity

China’s stocks rose to an almost 13-month high, with the rally on the benchmark resuming, as investors brushed aside concerns about tightening liquidity and before the release of the data on economic growth.The Shanghai Composite Index advanced 2.4 per cent, or 75.81 points, to 3,253.60 at the close on Tuesday, the highest closing level since March 22, 2018. The gauge finished higher for the first time in four trading days and recouped all the losses over the past three days. Hong Kong’s Hang… Source link

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Stocks Blog: China's stocks face headwinds as traders weigh where to place their bets

Got a bit of jitters? If so, you aren’t alone among traders in mainland and Hong Kong markets, where bears came out swinging Monday, sending the Shanghai benchmark down for the third consecutive trading day and the Hang Seng to its lowest level in nearly two weeks. Check in with us throughout the day to catch up on the latest action. We also feature our “Crystal Ball,” in which leading experts offer you their insights on where they think sectors and companies are going.  Your market guides… Source link

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Pessimism may drag VN stocks further this week – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

      A garment factory belonging to TNG Investment and Trading JSC. The company has announced its Q1 post-tax profit increased 72 per cent year-on-year. Photo baodauthau.vn   HÀ NỘI Vietnamese shares may continue falling this week as investors remain pessimistic about economic and business prospects in 2019.   The benchmark VN-Index on the Hồ Chí Minh Stock Exchange ended last Friday at 982.90 points, recording a weekly loss of 0.64 per cent. The minor HNX-Index on the Hà Nội Stock Exchange fell 0.16 per cent last week to finish at 107.70…

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China stocks lose ground for a third day on concern government to pare policy loosening

China’s stocks dropped for a third consecutive trading day, with a 2.1 per cent gain on the benchmark evaporating, as concerns that the government will scale back policy easing countered credit growth that exceeded analysts’ estimates.The Shanghai Composite Index fell 0.3 per cent, or 10.84 points, to 3,177.79 at the close on Monday. The ChiNext gauge of small companies declined 1.7 per cent. Hong Kong’s Hang Seng Index slipped 0.3 per cent to the lowest level in almost two weeks.Equities… Source link

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Stocks Blog: China's surging credit data brightens stock outlook

Welcome back to the SCMP’s live stocks blog. Each day, we cover the mainland and Hong Kong markets closely, telling you what is happening and why. We also feature our “Crystal Ball,” in which leading experts offer you their insights on where they think sectors and companies are going. We hope you will check in with us many times a day, to keep up with the latest action and better learn these incredibly important markets. Your market guides today will be Zhang Shidong in Shanghai and Deb… Source link

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